Rio Nuevo chairman: ‘This is our most productive time’

Credit: VisitTucson
Credit: VisitTucson

Real Estate Daily News

At its October meeting, the Rio Nuevo District Board unanimously approved releasing the Request for Qualifications to solicit a Design Team for the new Caterpillar headquarters building located west of downtown. The Board also approved a timeline for soliciting a General Contractor as early as November, with the stated hope to allow Caterpillar to occupy the new building in the spring of 2019. Rio Nuevo’s agreement to build and lease this headquarters building was instrumental in recruiting Caterpillar to Tucson from Milwaukee – a move that will create an estimated $2 billion dollar economic impact over the next ten years.

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