RN 1 Real Estate, LLC (Culdesac) 50-year ground lease with phased development
city of Mesa Housing AuthorityLocal Housing Authority · Mesa, AZ- Document date
- Aug 28, 2025
- Term
- 50 years
The 30-second brief
RN 1 Real Estate, LLC (Culdesac) proposed a 50-year ground lease with phased purchase options for 19.14 acres in Mesa, including development of 1,000 residential units and retail space, with rent and construction terms outlined.
Rn 1 Real Estate holds this ground lease and development agreement contract with city of Mesa Housing Authority. Its other public contracts on record include work for City of Mesa.
Term as filed: 50 years.
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Contract details
- Contract type
- Ground Lease And Development Agreement
- Document date
- August 28, 2025
- Term
- 50 years
- Vendor
- Rn 1 Real Estate
- Source document
- city_council_study_session_minutes_august_28_2025.pdf (Minutes)
Rn 1 Real Estate's other public contracts
More city of Mesa Housing Authority contracts
Questions about this contract
Who was awarded the ground lease and development agreement contract by city of Mesa Housing Authority?
Rn 1 Real Estate was awarded this ground lease and development agreement contract by city of Mesa Housing Authority, as recorded on August 28, 2025.
What type of contract is this?
This is a Ground Lease And Development Agreement contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city_council_study_session_minutes_august_28_2025.pdf (Minutes), dated August 28, 2025 from city of Mesa Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Rn 1 Real Estate hold?
Rn 1 Real Estate may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is city of Mesa Housing Authority currently buying?
Explore city of Mesa Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.