Economic Development Blog

Hilton at Cathedral Square

August 23, 2020

  Under Construction: Fayth Hospitality is developing a 199-room dual branded hotel, at 141 S. Stone Avenue, across the street from St. Augustine Cathedral. Hampton Inn and Home2 Suites, both Hilton brands, will occupy a new 6-story building along Stone Avenue. According to Rio Nuevo, the Hampton Inn will have 76 rooms while the extended […]

Downtown Business Trends

August 23, 2020

  Quick Facts: 17 businesses opened in 2019. 31 businesses opened in 2018. 36 businesses opened in 2017. 25 new businesses opened in 2016. Over the last 4 years, over 90 new businesses have opened.

Downtown Pulse

August 23, 2020

The Downtown Tucson landscape is rapidly changing.  A new business opens every couple weeks and construction projects are happening around nearly every corner. Since 2008, Downtown Tucson has experienced over $1.2 billion in public and private investments, and over another half billion dollars is being invested into current and proposed projects.   Click here for […]

Downtown Housing Forecast

August 23, 2020

  There are 788 residential units currently under construction, with another 121 proposed. 215 homes were completed in 2019 225 homes were completed in 2018 90 homes were completed in 2017

Kasser Family Wing – Tucson Museum of Art

July 24, 2020

  Completed: In April of 2018, Tucson Museum of Art received a $2.5 million gift from trustee and Tucson business leader, I. Michael Kasser. The gift is the single most significant individual donor gift in the museum’s history. Aa 6,000 square-foot gallery,  named the Kasser Family Wing was constructed, and will be used to exhibit […]

RendezVous Urban Flats

July 20, 2020

  Completed: RendeZvous Urban Flats is a new a six story 121,000 sqft building with 104 market-rate apartments that are either one or two bedrooms ranging from 700-1,310 sqft and 4,200 sqft of ground floor retail. The project is also incorporating a ground-level plaza with amenities such as Ben’s Bells salvaged art, water features, barbecue […]

127 S 5th Ave

June 13, 2020

    Under Construction: Local developer Ross Rulney (5th Avenue Partners OF, LLC) is developing a 7-story multifamily residential building on an approximate 24,000 square foot lot at 127 S 5th Avenue. The new 90,000 square foot building will offer 96 market-rate studios and one-bedroom units. The plan includes on-site parking, bicycle parking and other […]

TCC Lot A Parking Garage

April 23, 2020

  Under Construction: Construction has begun on the new 300-space Lot A parking garage at the Tucson Convention Center. The new Lot A Garage will be adjacent to the 170-room DoubleTree Hotel that is currently under construction on the southeast side of the complex (northwest corner of Cushing Street and Church Avenue). It will serve […]

The Baffert at 5 Points

March 3, 2020

  Proposed: KBL 747, LLC is proposing a mixed-use residential and retail development on a 21,000 square foot lot at 747 S 6th Avenue (northeast corner of 6th Avenue and 18th Street). The new development would be a 3-story, 30,000 square foot building with 14 one- or two-bedroom market-rate units and about 5,400 square feet […]

One South Church Hotel

March 2, 2020

  Proposed: Opwest Partners is proposing to renovate the first eight floors of the 23-story One South Church office tower into a high-end hotel with about 150 rooms. The plan also proposes 1,500 square feet of meeting space, a fitness center and a restaurant on the bottom floor with a patio. Floors 11 through 23 of […]

TCC Renovation

February 28, 2020

  Proposed: Via Rio Nuevo News Release (February 27, 2020): “The Rio Nuevo Board approved the next steps in the much-anticipated Tucson Convention Center revitalization project, advancing more than $4 million in upgrades. $3.4 million in renovations to existing meeting rooms, including the creation of a “board room” that will be a high-tech meeting area […]

Arizona Forge at Roy Place

February 27, 2020

  Completed: The University of Arizona (UA) completed a $2 million interior renovation of the historic Roy Place building at 44 N Stone Ave. into a business innovation hub. According to their website, “Forge will serve as a unique business innovation hub that combines startup incubation, experiential student education, and corporate innovation.” According to the […]

Trinity Mixed Use

February 27, 2020

  Completed: The Trinity Mixed Use project, developed by R+R Development and Bourn Companies and designed by Rob Paulus Architects, is located directly adjacent to two Modern Street car stops in the center of the Historic West University neighborhood. The project will replace unused buildings at the Trinity Presbyterian Church complex located at 400 W […]

75 Broadway

February 27, 2020

  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. In October of 2018 J.E. Dunn, a Kansas City, Missouri developer, submitted a proposal for a 20-story 250,000 sqft […]

Historic Pima County Courthouse

February 26, 2020

  Under Construction: Pima County is continuing to renovate the historic former courthouse that will become a Southern Arizona tourism center in the heart of Downtown. The space will house a regional visitor center anchored by Visit Tucson, Pima County Attractions and Tourism and the UA Gem and Mineral Museum. The former courthouse is listed […]

Downtown Links Phase III

January 7, 2020

Proposed: Downtown Links is an improvement project funded by the Regional Transportation Authority and partnered with the Tucson Department of Transportation, that will provide enhancements, benefits, and connections for pedestrians, bicyclists, and motorists. The three major benefits of this alignment include: Railroad-related improvements, new roadway drainage systems, and more multi-modal connections. Phase III of the project will connect […]

January 8th Memorial

January 4, 2020

  Under Construction: Chee Salette Architecture Office (CSAO) has revealed a final design for Tucson’s January 8th Memorial + Presidio Park master plan. The Arizona House of Representatives approved HB 2436 in 2017 which would appropriate a matching $2.5 million in state funds to the project which has already raised $2.5 million. The bill died in the […]

Ochoa Streetscape

January 1, 2020

  Completed: In conjunction with the new development and revitalization at Cathedral Square, Rio Nuevo funded $1 million in streetscape improvements to Ochoa Street from Church Avenue to Stone Avenue. Improvements included resurfacing the roadway with a design, enhanced sidewalks, shade trees and other improvements. The streetscape improvements will enhance the walkway that leads from […]

Downtown Clifton Hotel

December 1, 2019

Complete: The Downtown Clifton Hotel located at 485 S Stone Ave expanded from 10 rooms to 30. The hotel was originally built in 1947 and restored in 2015 into a vintage hotel. The 22 room expansion plus a new kitchen and lounge area was  constructed in four new 2-story buildings and two 1-story buildings. The project […]

City Park

October 30, 2019

  Under Construction/Complete: City Park (20,40, 60 E Congress St), developed by Bourn Companies, is a transit oriented development located on Congress street just east of Stone Ave and a Sun Link modern streetcar stop. The first floor of the 5 story City Park building, at 40 E Congress, will house a food hall. The first […]

UA’s planned new gem and mineral museum downtown aims to enrich Tucson community

October 14, 2019

The Mark

August 1, 2019

    Completed: Landmark Properties, the leader in student housing development, developed an eight and four-story 154 unit (595 bed) student housing complex on a three and a half acre block on the NW corner of Broadway Blvd and Park Ave. The main structure is eight stories high surrounded by four and five story structures, […]

Union on 6th

July 23, 2019

  Under Construction: Greystar Real Estate Partners (acquired EdR), is the developer behind a transit-oriented and mixed-use complex at a prominent corner on Historic Fourth Avenue. Union on 6th will be a primarily residential complex consisting of 255 market rate apartments designed to attract young professionals and students that want access to the abundance of […]

Hotel Arizona Remodel

July 16, 2019

  Proposed: Pueblo Partners LLC (HSL Properties) is proposing an estimated $45 million renovation to the former Hotel Arizona (181 W. Broadway Blvd.) which opened in 1973 and closed in 2012. When reopened, the hotel is reported to be Hyatt Regency with around 296 rooms and close to 20,000 sqft of convention and meeting space. […]

DoubleTree by Hilton TCC Hotel

May 25, 2019

    Under Construction: On May 13th, Caliber –The Wealth Development Company (developer) and Ryan Companies (general contractor) broke ground on a $38 million, 170 room DoubleTree by Hilton hotel on the east side of the TCC on part of the current parking lot A. According to Caliber, the hotel will include four suites, one […]

West End Station

May 25, 2019

  Completed: Gorman & Company, Inc. and the Gadsden Company were the joint developers for West End Station, a $12 million 70-unit housing development located at 855 W Congress St. It is one of the first Section 811 projects approved in Arizona using the Low Income Housing Tax Credit (LIHTC) program. West End Station is located in the […]

The Monier

May 25, 2019

  Under Construction: Located in the Mercado District west of downtown, The Monier will be a four-story, 122 market-rate apartment project over 13,000 sqft ground-floor retail and office space, 148-space underground parking and other amenities for residents. Local developers Gadsden Company, held a ground breaking ceremony on November 15th. Monier will be adjacent to two other […]

Caterpillar Tucson Mining Center

May 6, 2019

  Completed: Caterpillar announced Tucson as the new centralized hub for the Surface Mining & Technology Division in 2016 and accepted Rio Nuevo’s offer to build a new building for its headquarters and lease it back to Caterpillar for a 25 year term. Located on the west side of Interstate 10, adjacent to Tucson’s origins, […]

Cathedral Square and The Marist

April 1, 2019

  Completed: The Cathedral Square, was a joint project that restored the historic Our Lady’s Chapel, the rectory building and the Marist College building. St. Augustine Cathedral’s parish hall was demolished and was replaced with a $12 million, 50,000 square foot four story complex (click picture above to see the original rendering). The Conference and […]

Central Block Rehabilitation

February 27, 2019

  Under Construction: Developers Ron Schwabe and Marcel Dabdoub are partnering to remodel the buildings at 98 (former Wig-o-Rama), 100 (former Grill) and 110 (former Voodoo Jacks) East Congress Street into over 9,000 sqft of space for dining and retail. Each space will have the original brick facade rejuvenated close to its original splendor. Tucson’s […]

The Flin

February 25, 2019

  Under Construction: HSL Properties was approved for a GPLET in March and will spend an estimated $38.5 million for demolition of the existing structure and construction of a new one. Demolition of the 1973 property began in May of 2018, and will be replaced with a proposed 6-story residential building with 220,725 sqft. The […]

The Boxyard Tucson

January 18, 2019

  Complete: The new box car development on 4th Avenue at 238 N. Fourth Ave, developed by local Cypress Civil Development and designed by RAHarchitects is complete. Eventually The Boxyard will have 4 new restaurants that will compliment the 2 currently open bars. Indoor and outdoor community dining is housed and enclosed by ten re-purposed box cars […]

The Westerner & West Point Apartments

January 1, 2019

  Completed: Located at 10 E Broadway Blvd, the historic Westerner building was built in 1961 and will be redeveloped by COPE Community Services. Designed by Carhuff + Cueva Architects, the existing 55,024 sqft four-story building is undergoing a renovation for offices, ground floor commercial and 3,000 sqft of retail. A new 38,421 sqft six-story addition has […]

Presidio Duplex

August 1, 2018

    Proposed: At its May board meeting, Rio Nuevo approved up to $450,000 to renovate the historic Presidio Duplex located next to the Presidio San Agustín del Tucson Museum. The Tucson Presidio Trust for Historic Preservation has obtained a liquor license and has sought bids for the renovation of approximately 1,400 sqft that can […]

7th Avenue Commons

August 1, 2018

  Completed: Located at 529 North 7th Avenue, at the intersection of 7th Avenue and 5th Street (southwest corner), construction is now complete on 7th Avenue Commons. Developed by Gardner Capital Development and designed by Biltform Architecture of Phoenix, the project includes 50 affordable housing units and a community center. 27 apartments are located within the existing 12,000 sqft warehouse/office building […]

44 Broadway

May 8, 2018

  Under Construction/Proposed: At its April meeting, The Rio Nuevo Board authorized completion of a mixed-use project at 44 E Broadway. Developers, Ron Schwabe and Marcel Dabdoub, are renovating 26,120 sqft on the ground floor of the exisiting building for office and retail, to be completed late 2018. The project also includes construction of two […]

Mercado San Agustín Annex

May 3, 2018

  Completed: Developed by The Gadsden Company MSA Annex, located at  267 S Avenida Del Convento, is a $12 million expansion of the vibrant Mercado San Agustín Public Market. The 31,755 sqft mixed-used, 38 modified shipping container project west of downtown in the Mercado District features restaurants, bars, a retail mall, a 500-seat outdoor entertainment and festival venue. MSA […]

Broadway Dedicated Bike Lanes

April 9, 2018

  Completed: Southern Arizona Paving and Construction Co., under contract with the City of Tucson Department of Transportation, began a bicycle/pedestrian improvement project in January 2018 from Broadway from Aviation Parkway to Fourth Avenue downtown. Crews constructed a Two-Way Cycle Track (also known as separated/protected bike lanes) on westbound Broadway. The work also included the […]

CITY Collaborative Learning Center

March 30, 2018

  Completed/Proposed: The first phase of renovations are complete as Arizona nonprofit CITY Center for Collaborative learning renovates the historic Howard & Stofft Stationery building (37 E Pennington) into a modern collaborative learning center for its students. The center, which neighbors City High School, expands the downtown campus and adds significant additional space for innovative […]

Rialto Theatre Renovation

March 19, 2018

  Proposed: The Rialto Theatre Foundation is raising money for improvements through a new capital campaign called, I Rock the Rialto. The goal of the campaign is $1,000,000 for renovations to the theatre and its facilities including restroom expansion and improvements, re-designing the main bar, tiering the auditorium floor, disability accessibility, upgrading the HVAC system, […]

Coronado Hotel Apartments

February 5, 2018

Completed: Via Rob Paulus Architects: “The Coronado Hotel Repurpose marks the next phase and transition of the 1928 structure as part of the urban renewal of downtown Tucson. Opened first as a hotel, the building transitioned to assisted living in the 1992 and now, almost a hundred years later, the Coronado will be completely made […]

HUB & Playground Remodel

December 22, 2017

  Completed: Rio Nuevo and developer Scott Stiteler expanded their existing deal related to the AC Hotel Tucson by Marriott. Stiteler, owner of HUB and Playground and land lord of Elvira’s Restaurant, (all on the 200 block of east Congress) invested an additional $3.2 million for remodeling and improvements. HUB Restaurant and Ice Creamery enhancements include […]

Scott Avenue Streetscape

November 17, 2017

  Completed: Rio Nuevo funded a $750,000 streetscape improvement to Scott Avenue from Congress to Pennington and kept the two-way vehicle concept. The project, designed by Norris Design, created extended sidewalks, new streetlights, and new planters and landscape. This project is meant to improve the safety and security for pedestrians, bikes and vehicles while improving connectivity […]

TMA Renovation

October 9, 2017

  Completed: Completed in October of 2017, Tucson Museum of Art underwent a $750,000 renovation that reworked the floor plan for a more open feel, added 5,000 square feet of gallery space, installed new flooring, and replaced the old AC system. TMA received a $2.5 donation in March 2018 from the Kasser Family; the largest […]

AC Hotel Tucson by Marriott

September 30, 2017

  Completed: The new 8-story, European style hotel is Downtown’s first hotel in over 45 years and features 136 rooms, a rooftop pool with nearby bar, a lobby bar and lounge, a fitness center, a locally managed spa, a 200-space public parking garage, and nearly 6,000 square feet of retail space on the ground floor. […]

The Brings Building

August 15, 2017

  Completed: The former Bring Funeral Home building located at 236 S. Scott Ave was purchased by Peach Properties and is part of a larger public-private partnership with Rio Nuevo and Marcel Dabdoub to restore a total of four historic downtown Tucson buildings. The 13,845 sqft building was converted to build-to-suit office and retail spaces ranging from […]

Two East Congress

July 12, 2017

Completed: Art Wadlund and Rob Caylor, developers of the One East and One West projects, renovated floors 3-5 at historic Chase Bank building located at 2 E Congress St into 21 market-rate urban lofts. The lofts range from 398 sqft – 845 sqft and are available in seven different floor plans. There is a Modern Streetcar stop […]


June 3, 2017

Completed: Luxury urban living in Downtown Tucson! Construction is complete on the 25 new multi-story, market-rate apartment complex across from St. Augustine Cathedral on Stone Avenue. Different floor plans are available and all units come with a garage. Now Leasing:  

Chicago Music Store Building

May 3, 2017

Proposed: The 21,155 square-foot Chicago Music Store building at 130 E. Congress will be gutted and retrofitted for a retail center by partner developers Ron Schwabe of Peach Properties and Marcel Dabdoub of Dabdoub Investments. Rio Nuevo is also investing in the project as part of a larger Public-Private Partnership with the two developers to restore 4 historic Downtown […]

Ramada by Wyndham Tucson

May 3, 2017

  Proposed: The 40-year-old hotel, at 777 W Cushing street just west of I-10, is in the process of re-branding from the former Riverpark Inn, to Ramada by Wyndham Tucson. The hotel will undergo renovations in phases which include new finishes, furniture, fixtures, and bathrooms, plus upgrades to heating and cooling and the addition of […]

The Ronstadt

April 3, 2017

  Proposed: Peach Properties proposal to redevelop the Ronstadt Transit Center was chosen by the City of Tucson in 2015. One requirement of the proposal is to keep Ronstadt as a full functioning transit center. The 4.7 acre key downtown development also includes plans for a mix of 300 residential units, commercial and retail along […]

Greyhound Bus Terminal

March 29, 2017

  Completed: The new Greyhound Bus Terminal at 801 E 12th St, was funded by Rio Nuevo Multipurpose Facilities District and is being leased to Greyhound. Open to the public in March of 2017, the new bus terminal allows passengers to easily access the Downtown districts and the University of Arizona. The building is approximately […]

Downtown Motor Apartments

February 6, 2017

  Completed: The 44-unit affordable housing project at 383 S Stone Ave across from the Police station was completed at the end of February. Portions of the original historic property remain and will be used for the office and lobby areas. A new 4-story addition has been constructed at the rear of the property to allow for […]

One West

October 5, 2016

  Completed: One West was completed in October of 2016 and has brought 40 multi-family apartments to the very heart of downtown Tucson, offering tenants exceptional access to everything downtown has to offer. Plus, with its convenient location along the modern street car route, One West offers easy transit-oriented access to the entire Central Business District and […]

The Arizona Hotel Building

July 25, 2016

Completed: The Arizona Hotel building at 35 N. Sixth Avenue underwent a $4.8 million renovation that includes the Arizona Hotel Apartments, offering 16 market-rate 1-bedroom and studio apartments on the second floor and free basement storage per unit. The ground floor is occupied by Miss Saigon restaurant, a UPS Store, and still has 2 suites available for […]

The Cadence

March 13, 2013

  Completed in August of 2013, The Cadence is a University of Arizona sanctioned off-campus, privately owned student housing complex located in two buildings on both sides of Toole Avenue. Developed by Capstone LLC and its Tucson-based development partner OasisTucson, this transit oriented development created approximately 456 student beds in a range of 1, 2, 3, 4 […]

One East

January 14, 2013

Completed: One East Broadway is an $18 million mixed-use commercial office, residential and retail complex at 1 E. Broadway adjacent to the historic Chase Bank building. The project completed in 2013 is approximately 26,434 square feet of office space, 4,115 square feet of retail space, 24 apartment units and a parking garage. Developers Art Wadlund and Rob […]

TEP Headquarters

November 1, 2011

  Completed: The nine-story building, completed in November 2011,  provides 170,000 square feet of office space for more than 425 employees of Tucson Electric Power (TEP), in the heart of downtown Tucson. The building also includes nearly 11,000 square feet of ground-floor retail space as well as a conference center, meeting rooms and about 500 […]

MLK Apartments

October 14, 2010

  Completed in the Fall of 2010, the MLK Apartments is a 6-story public housing complex consisting of 68-units for the elderly and/or people with disabilities and also a 2 level below-grade 52 space parking garage(Depot Plaza Garage). The City of Tucson was the developer and the total cost of the project was approximately $23 […]