A press release sent out by an investment team says they envision a "new gem" for the East Valley site that has been vacant for years with numerous rumored projects falling apart in that time.
It's the end of an era for the East Valley: Fiesta Mall in Mesa officially closed its doors. It will be replaced with a education and health care facility.
Developers begin tearing down what remains of Fiesta Mall in Mesa azfamily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from azfamily.com Daily Mail and Mail on Sunday newspapers.
The 80 acres of land will be completely cleared and re-envisioned. When finished, it could include up to 4,000 new homes and apartments, plus retail and office space.