Vestar and Pacific Proving Launch $56 Billion Legacy Park Development in Mesa
A multi-billion dollar mixed-use development in Mesa's East Valley promises to generate significant economic impact, create thousands of jobs, and redefine urban living through its combination of retail, residential, office, and hospitality spaces centered around a 20-acre urban park.
Vestar, in partnership with Pacific Proving, LLC, has announced Legacy Park, a transformative mixed-use development in Mesa's East Valley that represents one of Arizona's largest urban projects. The development will feature 300,000 square feet of upscale retail and restaurants, 2,500 multifamily residences, a 600-room resort hotel developed by The Athens Group, and 3.4 million square feet of office space, all centered around a 20-acre urban park with a large lake.
The project's economic significance cannot be overstated, with projections indicating approximately $56 billion in economic output over the next 20 years. Legacy Park is expected to create more than 20,000 jobs and generate substantial tax revenues that will support City of Mesa services including police, fire, parks, and airport infrastructure. David Larcher, President and CEO of Vestar, emphasized that "Legacy Park will set a new benchmark for retail, hospitality, and mixed-use living in Arizona," building on the company's experience with landmark destinations like Tempe Marketplace and Desert Ridge Marketplace.
Strategic location plays a crucial role in the development's potential impact. Situated at the convergence of Mesa, Gilbert, and Queen Creek and adjacent to Mesa Gateway Airport, Legacy Park benefits from accessibility via the new State Route 24 at Williams Field Road. The hospitality component, curated by The Athens Group, will bring lodging and event venues comparable to top global destinations, offering new options for weddings, milestone events, and weekend escapes for both visitors and local residents.
Andrew Cohn, Principal of Pacific Proving, described the project as "a thoughtfully designed community that will bring lasting value and lifestyle to the East Valley," noting that the partners have waited for the right timing and opportunity. The development represents a generational investment in the region's infrastructure and quality of life, with groundbreaking scheduled for 2027. Additional information will be available at https://legacypark.com as the project progresses.