Tucson OKs tax deal for projects

A new Marriott Residence Inn Hotel in the UA’s Main Gate district would have 213 rooms, a restaurant and a rooftop pool. Rendering credit: Main Gate Partners
A new Marriott Residence Inn Hotel in the UA’s Main Gate district would have 213 rooms, a restaurant and a rooftop pool. Rendering credit: Main Gate Partners

By Becky Pallack for Arizona Daily Star

The Tucson City Council moved forward Aug. 5 on a tax incentive deal for a new hotel near the University of Arizona.

Main Gate Partners applied for a site specific sales tax incentive, which gives a developer a 45 percent rebate on the site’s sales taxes and bed taxes for eight years.

To qualify, a project must show through an economic analysis that it can raise more revenue than the value of the tax abatement.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

August 2015
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31