Rio Nuevo board: last chance for hotel deal

Nor-Generations LLC proposal includes a 120KSF exhibition hall with 2.5 acres of outdoor festival space. Courtesy of Rio Nuevo District Downtown Redevelopment and Revitalizations District.
Nor-Generations LLC proposal includes a 120KSF exhibition hall with 2.5 acres of outdoor festival space. Courtesy of Rio Nuevo District Downtown Redevelopment and Revitalizations District.

By Becky Pallack | Arizona Daily Star

The Rio Nuevo board agreed to give one more last chance to a hotel developer in downtown Tucson.

Nor-Generations has until the end of September to close on the purchase of 8.5 acres of Rio Nuevo-owned land, or the board will consider the deal dead.

The whole thing hinges on the city agreeing to speed up the process of relocating the temporary Greyhound bus depot that’s located on the site. But the city doesn’t agree with the accelerated schedule.

Continued:

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