April 24, 2024 2:24 pm
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City hopes to market failed downtown-area redevelopment site

Screen Shot 2014-04-17 at 10.52.48 AMBy Darren DaRonco | Arizona Daily Star

Tucson could soon get out from under a 55-year lease for a downtown dirt lot for which it pays about $195,000 a year in rent to a trust benefiting former Rep.

Gabrielle Giffords’ family.

The city council recently agreed to split about 12 acres of land the city owns north of West 22nd Street along the east side of Interstate 10 into five separate parcels to make it more palatable to developers.

One of those parcels would be 6.5 acres, which the city real estate office is trying to sell in a package with the 2.4-acre Giffords property at 600 W. 22nd St. The city hopes to sell its piece for $1.6 million to a buyer who will take over the lease on the Giffords site.

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