75 Broadway

February 5, 2018

 

Proposed:

In September of 2017, Rio Nuevo sent out a request for proposals for a mixed-use development at the current Pima County owned surface parking lot along Broadway Blvd between Scott Avenue and 6th Avenue. J.E. Dunn, a Kansas City, Missouri developer, submitted a proposal for a 20-story 250,000 sqft tower with the first two stories being retail, eight stories of podium parking above the retail levels and the top remaining ten stories would be office space. At its October Board Meeting, Rio Nuevo heard from the developer on its scaled back plans for a 12-story mixed-use office and retail project. Rio Nuevo agreed to $1.1 million in tax rebates to support the project. The top five floors will be office, the middle five will be parking and the bottom two floors will be retail. Construction projected to begin fall of 2019. Local partner developers Ron Schwabe(Peach Properties) and Marcel Dabdoub(Dabdoub Investments) are looking to partner with J.E. Dunn on the new development as they own much of the other half of the block including the Chicago Music Store Building and former Wig-o-Rama building which Rio Nuevo is also investing.

J.E. Dunn hopes to begin construction by the end of 2018 and finish by early 2020.

 

In the News:

Planned downtown Tucson building scaled down from 20 to 12 stories

Rio Nuevo Board Advances New Hotels for Downtown

Proposed New Building Downtown Would Be 20 Stories of Mixed Use

Developer’s plans call for 20-story office/retail building in downtown Tucson

Rio Nuevo: Downtown’s 20 Story Mixed Use Office Proposal “75 Broadway”

Rio Nuevo gives OK for new 20-story office building in downtown Tucson

20-story office, retail project proposed for downtown Tucson

New skyscraper planned for downtown Tucson