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Houston-based developer gets green light for new Mesa industrial park

Wednesday, January 25, 2023   /   by Juan Grimaldo

Houston-based developer gets green light for new Mesa industrial park

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Mesa City Council gave the green light Monday evening to a new industrial business park proposed for about 50 acres south of U.S. 60.

Developer Hines will look to build the Baseline Technology Park — an eight-building park that will total more than 650,000 square feet. According to a presentation at Monday's city council meeting, the park is estimated to bring in 1,500-1,900 new jobs from possible tenants in pharmaceutical, medical, food and grocery, apparel and building and construction supplies.

The Baseline Technology Park will be located near Inverness Avenue and Sunview, just to the south of U.S. 60.

The land is currently owned by VHS Acquisition Subsidiary Number 11 Inc., which has owned the site since 2005, according to the Maricopa County Assessor's Office. That entity is connected to Dallas-based Tenet Healthcare Corp. and its entity Abrazo Health. Now that the development agreement and rezoning have been approved, Hines will look to purchase the roughly 50 acres from Abrazo Health, said Courtney Schneider, Hines' director of industrial development in Arizona and Colorado.

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By Ron Davis - Reporter, Phoenix Business Journal

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The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395

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