News Ticker

Rio Nuevo Plans Downtown Tucson Projects

Work continues on the AC Hotel Tucson by Marriott at the NWC of East Broadway Boulevard and South Fifth Avenue in Downtown Tucson. Credit: A.E. Araiza/Arizona Daily Star

By Becky Pallack for Arizona Daily Star

Rio Nuevo plans to spend $17.4M on downtown Tucson projects related to tourism, retail and jobs next fiscal year.

In a split vote Tuesday, the board of the downtown revitalization district approved a $17.4M projects budget and a $1.4M operating budget for the fiscal year beginning July 1.

On the list, Rio Nuevo’s spending plans include:

  • $4.3M on a parking garage for a new hotel on Broadway.
  • $3.7M to renovate the Tucson Convention Center Arena to get it ready for the Arizona Coyotes minor-league hockey team.
  • $2.2M to expand the Mercado San Agustin retail center west of downtown.
  • $2M to help Caterpillar establish a regional headquarters.

Read more at Arizona Daily Star

Leave a comment

Your email address will not be published.