By Karen Schutte for Real Estate Daily News
Following an Executive Session Nov. 17, the Mayor and Tucson City Council publicly announced the selection of Peach Properties to enter into negotiations with the city to develop the Ronstadt Transit Center, a mixed-use project with transit on a 4.7-acre key downtown site.
The city-owned site currently is utilized as the Ronstadt Transit Center and two parking lots. This selection is consistent with the unanimous recommendation to Mayor and council of the project evaluation committee, comprised of members representing bus riders, downtown businesses and neighborhoods, the development community, and City departments.
The Peach Properties proposed project features a transit mall integrated with a mix of residential, retail, commercial, and public space uses. The concept includes an open-air public market located adjacent to a newly-built transit mall and a Marriot boutique concept hotel on the corner of 6th Avenue and Congress Street.
The streetscape on both Congress and 6th will be activated with retail uses. The Peach Properties team is led by local developer Ron Schwabe and includes several equity partners, including Scott Stiteler.
The team includes local architecture firms Swaim Associates and FORS Architecture + Interiors, general contractor Ryan Companies, and transportation/transit consultant HDR. Also part of the team is Melody Peters, the public artist who created the tiles that decorate the existing arcade.
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