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04/07/07
Fiesta Towers condo plans shrink in Mesa
Filed under: General, Real Estate
Posted by: Lillian Wong @ 11:11 am

Fiesta Towers made a dramatic statement about the potential of a reinvigorated Fiesta District with four high-rise glass-and-steel buildings, but the project has turned into a scaled-back Fiesta Lofts proposal. The 10- to 19-story buildings shrink to three five- and six-story buildings in the latest proposal filed Tuesday. The number of condominium units also drops to 438 from the range of 540 to 850 envisioned in November 2005. But in a project narrative, the developer argues that the project still will improve the area by building on 4.9 vacant acres, “turning it into a high-quality project.”   More…

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