By Hillary Davis | Inside Tucson Business
Tucson’s Downtown Financial Incentive District, which gives developers a break on building permit fees and construction sales tax, is now about twice as big as it used to be.
The Downtown Financial Incentive District, or DFID, has followed a westerly expansion, moving its western edge from Meyer Avenue to a little past the Santa Cruz River. It now aligns with the Downtown Core Sub-district of the Infill Incentive District, a planning district that grants regulatory relief on requirements like parking, loading, setback and landscaping.
In other words, developers can obtain both the regulatory relief of the Downtown Core Sub-district and the financial incentives of the DFID without any geographical gap. The Tucson City Council approved the change earlier this month.
