New housing units, as well as office and retail space, could be going up on a large vacant site in Mesa.
The Bela Flor Communities, based in Mesa, has now submitted plans to the City of Mesa to build the project near the intersection of Signal Butte Road and Southern Avenue.
To be called Mountain Vista, the project will encompass some 80 acres of landscaped and tree-lined space within the boundaries of a larger 350-acre mixed-use district.
According to plans, the 80-acre site will be divided into six parcels. Work on the first 15 acres of the property will see the construction of a four-story hotel, as well as a fitness center, and space for both retail and restaurants.
The apartment units will go up on a designed 26 acres, with commercial development slated for the rest of the site.
Bela Flor purchased the property last year – which is in a growing suburban section of Mesa, populated with hotels, restaurants, and large retail operations – for just under $13 million.
Bela Flor has been developing residential communities in the Phoenix metro area for more than two decades. Last year it announced its launching of the mixed-density luxury 33-acre residential community called Bella Encanta, also in Mesa.
The Mountain Vista project is expected to be shortly reviewed by Mesa’s Planning and Zoning Commission.
By Garry Boulard
