Via City of Mesa
By Scott Shumaker | East Valley Tribune
Work has stopped again at The GRID in downtown Mesa, a ballyhooed apartment and commercial complex next to Benedictine University on Main Street.
Developer Palladium Enterprises, a partnership between Tony Wall, Karrin Taylor Robson and Trevor Barger, entered into an agreement with Mesa to build the project on city-owned land in 2017.
Under the terms of the agreement, Palladium would lease the 3.3 acres from Mesa for 50 years. Mesa would receive lease payments from Palladium, waiving up to $6 million in lease payments for improvements to the public right of way constructed by the company.
