Pima board approves agreement for new affordable complex

By Real Estate Daily News

The Pima County Board of Supervisors voted 4-1 on March 4 to approve a Development and Purchase Agreement with Spire Development to provide a low-income affordable rental unit complex on Tucson’s southside. 

Spire was previously selected as the winning proposer for the development of an 80-unit project at the southeast corner of East Drexel Road and South Bonney Avenue. The new development, Drexel Commons, will remain an affordable housing project for 30 years. 

The County sold 2.08 acres of vacant land to Spire for the nominal amount of $200 as permitted by ARS 11-251.10.  

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