MESA, ARIZ. — A joint venture between Los Angeles-based real estate investment management company PCCP and Houston-based The Dinerstein Cos. (TDC) will break ground in July on Atlas Mesa, located about 27 miles east of Phoenix. Completion is scheduled for late 2025. Project costs were not disclosed. According to PCCP and TDC, the property will be LEED certified.
Atlas Mesa will offer 394 units in studio, one-, two- and three-bedroom floor plans ranging from 562 to 1,394 square feet. The development site is situated on 9.83 acres. When complete, the 400,000-square-foot project will consist of four four-story buildings and a leasing and amenity building near the property’s outdoor pool area. In addition to the pool, amenities will include a clubhouse and co-working spaces.