By Jim Walsh | East Valley Tribune Staff Writer
The overall cost of Mesa’s innovative Arizona State University project is now estimated at more than $103 million – with ASU paying an additional $10 million.
Mesa’s share of ASU@Mesa City Center, the 60-foot tall building on the present site of a parking lot and the project’s focal point, remains capped at the $63.5 million price tag approved by the City Council in a 5-2 vote in June 2018.
But two ancillary portions of the ASU project – the Plaza@Mesa City Center and the Studios@Mesa City Center – are each projected to cost city taxpayers another $8 million.
The remaining costs include a $2 million infrastructure upgrade – mainly on the electrical system along Pepper Place, which separates Mesa City Hall from the new ASU complex.READ ON: