By Karen Schutte | Real Estate Daily News
A joint venture between R+R Development, LLC (Randi Dorman and Rob Paulus, members) and Bourn Properties, LLC (Don Bourn, manager), Trinity Project Investors LLC, closed on the first takedown from Trinity Presbyterian Church of Tucson for $700,000 ($21 PSF). The 33,198-square-foot lot is located along University Blvd. and will be used for office development.
The entire project dubbed ‘The Trinity’ bookends the eclectic Fourth Avenue Business District and the gateway to the University of Arizona. The Neighborhood shareholders and developers have met for seven years to come up with the best plan for everyone. It will wrap around the historic church located at 400 E University Blvd. and include moving safely the duplex building in order to make room and save the historic structure.