After approval by the city two years ago, construction on a 300-unit apartment complex for Gilbert Town Square, has not started, reports Patrick Leary at The Arizona Republic
Financial problems with the original developer forced a sale late last year, and construction on complex will begin in the first quarter of 2016 at the earliest.
Leary reports the apartments would expand the customer base of Gilbert Town Square, a now-10-year-old shopping center that was to have included a Walmart. The mall was descrived as a “ghost town,” with half-empty parking lots.
A financier dropped out in January 2014, but several months later, lead developer Paul Stark was still confident he would make significant progress within two months.
More than a year later, the center is still waiting.
