Mesa approves taxation deal for downtown development’s next phase

(Photo via City of Mesa Facebook)

By Brandon Brown | Phoenix Business Journal

A downtown Mesa multifamily development will be able to expand to its next phase without having to pay property taxes thanks to Mesa City Council.

The Council unanimously approved, without any discussion during Wednesday night’s meeting, a government property lease excise tax, commonly called a GPLET, for the extension of the Residences on First apartment complex, which is located in downtown Mesa at 63 W. 1st Ave.

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