Rio Nuevo plan seeks to buy out city, develop 14 acres downtown

Rio Nuevo
Rio Nuevo
The Rialto Theatre renovation was an early Rio Nuevo success.

By Becky Pallack | Arizona Daily Star

Rio Nuevo wants to buy out the city’s stake in an agreement to develop 14 acres on the west side of downtown.

Rio Nuevo, a special taxing district whose purpose is to develop downtown Tucson, proposes to pay the city about $1.2 million.

That’s the amount the city would receive if it decided developer Gadsden Co. has defaulted on a performance bond tied to the agreement.

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.

February 2016
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
29