November 15, 2024 3:30 am
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Phoenix rejects tax break for Circles building project downtown

The old Studebakers building

Family and developer continue the effort to save the building

By Brenna Goth | The Republic

(Disclosure: Rose Law Group represents Empire Group.)

Phoenix won’t restart negotiations on a tax break likely worth millions of dollars for a high-profile downtown housing and retail project incorporating the former Circles Discs and Tapes building, city staff said Thursday.

The decision follows recent attempts by the developer to appease neighbors following the partial demolition of the Roosevelt Row icon near Central Avenue and McKinley Street.?

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.