By Mike Sunnucks | Rose Law Group Reporter
The Mesa City Council is looking at changing a development agreement for the planned Union office development next to the Chicago Cubs spring training ballpark.
The Mesa Council is being asked to speed up $2.4 million in payments to the developer of the project — Lincoln Property Group and Harvard Investments.
The Union development next to Sloan Park and the Mesa Riverview retail development is slated to bring 1.35 million square feet of Class A office space.
The City Council is being asked to change up the disbursements of two planned $1.2 million payments to help with utility relocations at the projects. The item is on tomorrow’s agenda.
The developers said the added costs of safety measures related to COVID-19 and increased costs of sewer piping necessitate for a single reimbursement payment from the city.
Mesa is selling land to the developers for the 28.2-acre project and is using proceeds from those sales for the utility and infrastructure reimbursements.
The first 232,000-square-foot office building is currently under construction.