The city of Mesa’s Office of Economic Development recently released its Fiscal Year 2024-25 annual report detailing the city’s accomplishments from the past year, which included 47 company relocation and expansion projects totaling more than five million square feet and creating 3,370 jobs at an average salary greater than $65,000 annually.

Economic Development Director Jaye O’Donnell reflects on Mesa’s strategic vision and forward momentum in an accompanying video message, available at https://www.youtube.com/watch?v=kZDzUERFHRc 

“This annual report provides an important opportunity to highlight and celebrate the dedication of our team over the past year,” O’Donnell said in a release. “Their commitment has advanced growth, supported our workforce and strengthened the foundation for Mesa’s economic future.”

“Mesa’s continued economic momentum is no accident — it’s the result of strategic investments, strong partnerships and the clear vision set by our City Council,” City Manager Scott Butler said in the release. “Mesa is attracting high-wage employers, fostering innovation and maintaining the competitive advantages setting our community apart. Our focus is not just on smart growth, but on building a resilient, future-oriented economy that creates opportunity for our residents today and for generations to come.”

Highlights in the 2024-25 annual report, according to the release, include:

• The department ramped up marketing efforts with a regional campaign to promote the best retail options that exist in Mesa and highlight new opportunities for growth. The department’s efforts generated more than 30 new prospects, the successful location of six retailers and several new retail-focused development projects.
• Medina Station and its restaurant row began construction, Cannon Beach and Revel Surf Park opened and the first Tempo by Hilton hotel in Arizona broke ground at Gallery Park.
• The 80-acre site that once housed Fiesta Mall in the Fiesta District is being transformed from a dated indoor mall into a mixeduse urban space
• The department completed 137 in-depth business visits.
• The Mesa Business Builder Small Business Assistance Program awarded 151 businesses with nearly 2,680 hours of customized, professional, one-on-one consulting services valued at more than $278,000.
• Mesa Business Builder @ The Studios opened its doors to more than 5,400 attendees and visitors in its first year.