December 21, 2024 11:27 pm
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Tucson annexes 163 acres for retail development

SearchNet Media
SearchNet Media

By By Darren DaRonco | Arizona Daily Star

Tucson expanded by 163 acres Tuesday night after the city council gave final approval to annexing a southeast-side property that one day could house a 1.3 million-square-foot retail development.

A city analysis estimated the Century Park Marketplace parcel, located east of South Kolb Road and along East Valencia Road, could bring about $37 million into city coffers within the next decade if the property is fully developed.

But that was only an analysis to determine if the annexation was worth the trouble.

Continued:

 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.