April 18, 2024 5:35 pm
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Tucson may see latest downtown housing project, RendezVous Urban Flats, as early as next year

 

By Karen Schutte | Real Estate Daily News

RendezVous Urban Flats, LLC (Roger Karber, manager) closed on an option to purchase the land and infrastructure at 20 S Stone Avenue in downtown Tucson from 1 SC Partners LLC for $2.65 million ($87 PSF). The project is ready to begin construction within weeks and may be as soon as one year for completion, the developer told us.

The developer, Aerie Development (Roger Karber, manager) plans to construct a six-story, 130,000-square-foot mixed use building on the .7 acre site next to Tucson’s tallest building, the 23-story, One South Church, built in 1986. The RendezVous Urban Flats is to have 4,000-square-feet ground floor retail and 100 market-rate rental units of one- and two-bedrooms ranging from 660-1,110-square-feet that should be desirable to any demographic group.

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