By Kelly Presnell | Arizona Daily Star
The popular Mercado District, west of downtown, is being built out with a new apartment complex, river walk and plaza with a large food and beverage hall and a parking facility.
The $110 million Bautista project, by local developers The Gadsden Co., recently broke ground and is expected to be complete in 2025.
The complex will have 256 apartments and 16,500 square feet of ground-floor retail and office space, and a large public plaza.
A paseo will lead from the project to the Santa Cruz River, where developers plan to restore vegetation and add viewing platforms and recreation spots, said Adam Weinstein, Gadsden’s president and CEO.
The apartments will range in size from studios to large two-bedroom units with balconies or Arizona rooms, similar in characteristic to the neighboring Monier complex, which was also developed by Gadsden.