Welcome to (failed) TED Talk - TED is dead.

[rt]

You don't need a vote for fiesta mall site if they buy the land outright.

Is that true? Not for re-zoning or anything?

 

[Arizonatah Coyetis]

You don't need a vote for fiesta mall site if they buy the land outright.

There would still be other obstacles. Zoning permits, construction permits, etc. Requirements for lots of things still have to be met. They can't just buy a piece of land and do whatever they want.

 

[XX]

There would still be other obstacles. Zoning permits, construction permits, etc. Requirements for lots of things still have to be met. They can't just buy a piece of land and do whatever they want.

It's already zoned for heavy commercial

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According to its submittal documents, Verde wants some help from the city of Mesa to make redevelopment happen, in addition to all the Fiesta District enhancements the city has put in over the years.

The city’s efforts include upgraded streetscapes in the Fiesta District and the designation of the area as a Opportunity Zone and blighted area to unlock incentives for developers from the state and federal government.

Verde is additionally asking the city to give the company flexibility and an expedited review process as it develops the site.

Verde proposes rezoning the entire mall site an Infill Development District with customized design standards. As long as new apartment building or office complex stays within the ID standards agreed to with Mesa, Verde’s projects could go through the shorter process.

Essentially Verde wants to go through the full zoning process with city council just one time, and after that, each individual component of the former Fiesta Mall property will only require the speedier site plan or administrative review.

The Infill Development zoning type is designed to “promote and facilitate the development and redevelopment of by-passed, underutilized or abandoned properties,” the city zoning ordinance states.

The developer said the ID zoning would give Verde maximum flexibility “to best meet ever-changing market demands.”

Verde also wants to discuss “expedited plan reviews and reduction in fees.”

Up to 4K apartments could replace Fiesta Mall

Mesa did not have to wait long to see what the newly consolidated ownership of Fiesta Mall wants to do with the long-dormant mall.

www.themesatribune.com

Zoning just requires a public hearing not a vote IIRC

 

[rt]

It's already zoned for heavy commercial

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Up to 4K apartments could replace Fiesta Mall

Mesa did not have to wait long to see what the newly consolidated ownership of Fiesta Mall wants to do with the long-dormant mall.

www.themesatribune.com

Zoning just requires a public hearing not a vote IIRC

Just south of there are neighborhoods that would oppose. But the neighborhoods just west, just north, and just east are not the types to get organized and unite against something like this. Really only those south of the 60. The immediate area is a wasteland. I’m sure people would prefer this to the absolute blight that it is now. I can’t imagine the goings on after dark.

 

[Arizonatah Coyetis]

It's already zoned for heavy commercial

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Up to 4K apartments could replace Fiesta Mall

Mesa did not have to wait long to see what the newly consolidated ownership of Fiesta Mall wants to do with the long-dormant mall.

www.themesatribune.com

Zoning just requires a public hearing not a vote IIRC

What am I missing? It reads like Verde Investments owns the site and is already taking steps towards building their own mixed use development on it. Doesn't that mean it's already taken?

Edit: And they're having to meet with city officials for things too.

 

[rt]

We made it to the Fiesta Mall Wikipedia page boys!!!

Fiesta Mall - Wikipedia

en.m.wikipedia.org

I now get why this is funny. I’m finding this very funny.

 

[InfoDesk]

When government shut down juco football it was to sell off their land. Maybe you can even extend the footprint onto mesa cc and take their football and practice fields.

 

[XX]

What am I missing? It reads like Verde Investments owns the site and is investing in building their own mixed use development on it. Doesn't that mean it's already taken?

Hasn't been approved yet. And the land isn't of any use to them if plans don't go through, leaving two options:

1.) they sell outright to the Coyotes group
2.) the Coyotes group brings their lenders to whatever Verde is doing and they bootstrap things into existence in a way that makes both partners happy

 

[InfoDesk]

What am I missing? It reads like Verde Investments owns the site and is already taking steps towards building their own mixed use development on it. Doesn't that mean it's already taken?

They recently spoke with mesa officials on this plan. Mesa can deal with whoever they want.

 

[AZviaNJ]

What are you missing? Seems like you’re correct. I wonder what Craig is missing. Seems like the facts. Hahaha.

I thought I remembered Fertitta as being mega rich.

Just saw Friedman on NHL network. He referenced Fertitta’s lack of interest in the past…nothing about his financial means.

 

[Arizonatah Coyetis]

They recently spoke with mesa officials on this plan. Mesa can deal with whoever they want.

What about the part where Verde Investments owns the property, not the city of Mesa? And Verde Investments has already started the approval process with the City of Mesa in regards to building their own development on it? They've got plans for it in motion already.

Edit: It just makes it seem like more of a longshot to me, but I also feel like I could be missing something.

 

[Arizonatah Coyetis]

Hasn't been approved yet. And the land isn't of any use to them if plans don't go through, leaving two options:

1.) they sell outright to the Coyotes group
2.) the Coyotes group brings their lenders to whatever Verde is doing and they bootstrap things into existence in a way that makes both partners happy

Banking on their plans not going through doesn't sound very promising, IMO.

Edit: And how long does it take for them to figure out that their plans are dead?

 

[InfoDesk]

What about the part where Verde Investments owns the property, not the city of Mesa? And Verde Investments has already started the approval process with the City of Mesa in regards to building their own development on it? They've got plans for it in motion already.

Edit: It just makes it seem like more of a longshot to me, but I also feel like I could be missing something.

Yes they started the process already but nothing serious.

The bigger issue are the restaurants on the land. Not sure the lease agreements but some are in the way.

 

[rt]

What about the part where Verde Investments owns the property, not the city of Mesa? And Verde Investments has already started the approval process with the City of Mesa in regards to building their own development on it? They've got plans for it in motion already.

Edit: It just makes it seem like more of a longshot to me, but I also feel like I could be missing something.

Looks like they are keeping their options open…

 

[SR]

We just trained and drilled at the fiesta mall. In fact multiple agencies did. I think once the last few crews go through it’s being scrapped..

 

[Arizonatah Coyetis]

Looks like they are keeping their options open…

It would be great. I guess I just can't or won't let myself get excited about anything right now.

 

[rt]

Hasn't been approved yet. And the land isn't of any use to them if plans don't go through, leaving two options:

1.) they sell outright to the Coyotes group
2.) the Coyotes group brings their lenders to whatever Verde is doing and they bootstrap things into existence in a way that makes both partners happy

They can’t screw up again. It’s do or die. This seems like the only non tribal option that can happen with any kind of velocity.

We just trained and drilled at the fiesta mall. In fact multiple agencies did. I think once the last few crews go through it’s being scrapped..

Did you guys go to Ojos Locos after? Don’t lie.

 

[LAIslanderFan]

I'm beginning to think Glendale makes the most sense. Out of curiosity I went to
Desert Diamond Arena's website and checked their calendar going back to last October (the beginning of the hockey season) to this coming December. That place sits empty 20-30 days a
month. I think the most I saw was 8 events on one of the months, other than that, maybe 4 - 5 dates booked a month As desperate as the Coyotes are, Desert Diamond Casino has to be more desperate. You can't have a big arena like that basically sit empty and turn any kind of profit.
This makes so much sense to me. Check it out for yourself.

 

[SR]

Is that true? Not for re-zoning or anything?

It is true. It’s not subsidized by the city in any way shape or form aside from the utilities.

They can’t screw up again. It’s do or die. This seems like the only non tribal option that can happen with any kind of velocity.


Did you guys go to Ojos Locos after? Don’t lie.

Ha. No I actually think we went to mexi-Q. That place was great.

 

[AZDesertKnight]

I'm beginning to think Glendale makes the most sense. Out of curiosity I went to
Desert Diamond Arena's website and checked their calendar going back to last October (the beginning of the hockey season) to this coming December. That place sits empty 20-30 days a
month. I think the most I saw was 8 events on one of the months, other than that, maybe 4 - 5 dates booked a month As desperate as the Coyotes are, Desert Diamond Casino has to be more desperate. You can't have a big arena like that basically sit empty and turn any kind of profit.
This makes so much sense to me. Check it out for yourself.

This doesn’t solve any of our issues. Not going to happen unless temporary

 

[Jakey53]

Yes they started the process already but nothing serious.

The bigger issue are the restaurants on the land. Not sure the lease agreements but some are in the way.

Fore me it's the area north of the US 60 on Alma. Really a shit hole of an area over all. No money.

 

[LAIslanderFan]

This doesn’t solve any of our issues. Not going to happen unless temporary

I don't think they can offer the Coyotes the original deal. There may be a way that Glendale sells the arena to the Coyotes, or maybe there's additional real estate in the Westgate area that Glendale throws in. I was shocked when I went through the calendar of events. Without regular bookings, they might as well blow it up and build something else in it's place. It's got to be bleeding money, and the longer it stays semi- vacant. the more it will deteriorate and go into disrepair.

Remember, the businesses in Westgate also count on the arena for revenue. That's quite a bit of lost income.

 

[The Feckless Puck]

Maybe someday they'll hook up commuter rail to the light rail network, and then Fiesta Mall would work for me.

'Course, I'll be dead by then.

You know who has a killer commuter/light rail system? Utah Valley.

 

[rt]

Fore me it's the area north of the US 60 on Alma. Really a shit hole of an area over all. No money.

That is the Fiesta District. That’s what is being discussed.

Maybe someday they'll hook up commuter rail to the light rail network, and then Fiesta Mall would work for me.

'Course, I'll be dead by then.

I used to go to Glendale Arena quite a bit when I lived near Fiesta. Not full season tickets or anything. But 8-10/yr.

 

[rt]

I don't think that can offer the Coyotes the original deal. There may be a way that Glendale sells the arena to the Coyotes, or maybe there's additional real estate in the Westgate area that Glendale throws in. I was shocked when I went through the calendar of events. Without regular bookings, they might as well blow it up and build something else in it's place. It's got to be bleeding money, and the longer it stays semi- vacant. the more it will deteriorate and go into disrepair.

We’re talking Fiesta Mall now.

^ a sentence I NEVER expected to type. I’m starting to really get the humor now.