PHOENIX—One of the largest adaptive reuse projects in Arizona held its ribbon-cutting ceremony recently. Centrica, a $20 million project located at the northwest corner of Southern and Longmore in Mesa, promises strong demographics, walkable amenities, abundant transportation and a parking ratio rarely found in other parts of the valley.

“This stretch of Southern Avenue is in the heart of the Fiesta District and Centrica is exactly the type of urban development we've had in mind for the area,” mayor John Giles says.. “I'm pleased to welcome Phoenix Rising Investments, LLC and wish them the best of success.”

Centrica will feature more than 100,000 square feet of single story class A creative office space, more than 700 parking spots and redundant fiber optic backbone connectivity.