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Anchor tenant announced for $60M mixed-use development in downtown Mesa

Posted at 3:48 PM, Feb 07, 2018
and last updated 2018-02-07 21:44:04-05

The first tenant has signed on to move into a $60 million mixed-use development that will bring new residences and eateries to downtown Mesa.

At a State of the City breakfast in Mesa Tuesday, it was announced that Co+Hoots, a Phoenix-based collaborative workspace, would anchor the residential, office and restaurant project called the Grid.

Co+Hoots will move into a 14,000-square-foot co-working space, and will provide mentorships and internships for business students, a media release explained.

"This is a big deal," said Mesa Mayor John Giles. "We are thrilled to be welcoming the Grid and Co+Hoots to downtown Mesa."

The Grid is expected to break ground this year, and Co+Hoots is slated to open fall 2019.

"We believe in the City of Mesa's commitment to transforming its downtown into a vibrant urban core," CO+HOOTS founder Jenny Poon said. "We love downtown Mesa's already hyper-localized community and believe a CO+HOOTS location that will reflect downtown Mesa's distinctive personality will be a great fit."