By Becky Pallack for Arizona Daily Star
Two potential developers vying for the project to redevelop 4.7 acres of city land in downtown Tucson will present their design ideas at a public meeting July 22.
The details of the proposed projects at the Ronstadt Transit Center and surrounding land will be made public for the first time at the meeting.
The city is seeking proposals that add value to the site while preserving the transit service.
The Peach Watermark Team proposal includes a mixed-use building with residential, retail and office spaces. It would incorporate bus service, short-term bike and car rentals, and taxi stands.
The team includes Tucson-based Peach Properties, which also developed five other major projects in downtown Tucson, and Tucson-based Watermark Retirement Communities, which developed The Fountains at La Cholla on Tucson’s northwest side.
Wisconsin-based Alexander Co. proposes a high-rise residential building with a transit component and dining options for transit users.
The selection committee is expected to recommend one of the developers to the City Council in November. The Federal Transit Administration and the council would approve a development agreement sometime next year.
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