April 18, 2024 7:14 am
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Rio Nuevo board rejects Peach Properties’ RFP protest

The combined convention hotel and Class A apartments would house 140 rooms and 96 rental units in Nor-Generations LLC’s proposal. Courtesy of Rio Nuevo District Downtown Redevelopment and Revitalizations District.
The combined convention hotel and Class A apartments would house 140 rooms and 96 rental units in Nor-Generations LLC’s proposal. Courtesy of Rio Nuevo District Downtown Redevelopment and Revitalizations District.

By Matthew G. Roy for Arizona Builder’s Exchange

The Rio Nuevo Multipurpose Facilities District rejected a formal protest from Peach Properties HM, Inc. regarding the selection of its competitor, Nor-Generations LLC, as winner of its $100M Arena Site project RFP in August.

In a letter dated Oct. 3, Rio Nuevo Contract Officer Michelle Bettini concludes that Peach did not provide evidence to overturn the board’s decision to negotiate with Nor-Gen or to restart the RFP process.

Continued: http://azbex.com/rio-nuevo-board-rejects-peach-properties-rfp-protest/

Related: OliverMcMillan has broken ground on SALT – a four-story, 265-unit, Class A apartment http://azbigmedia.com/featured/olivermcmillan-breaks-ground-salt-apartments

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