By AZ Big Media
Shopoff Realty Investments announced today it has secured unanimous approval from the Mesa City Council for The Block on Elliot, a 270-acre industrial mixed-use development project. Located just north of the Loop 202 freeway interchange at E. Elliott and S. Sossaman Road, the former dairy farm property was purchased by Shopoff in September 2022. Approvals include a zone change, a development agreement, and annexation of the property into the City of Mesa.
“The greater Phoenix market has transformed dramatically over the last few years, becoming a prime location for industrial tenants,” explained Shopoff President and CEO William Shopoff. “The Block on Elliot was designed to attract high-profile users who have moved into the area at increasing rates, and we anticipate this development becoming the premier manufacturing, technology, and employment center for the City of Mesa.”
Shopoff is currently exploring various development opportunities for the project, with potential plans including 12 to 15 buildings, with up to 4.1 million leasable square feet, and an average building size of 500,000 square feet.