TUCSON, ARIZONA – Work at 75 E. Broadway could soon recommence after the Rio Nuevo Board reached an agreement with the developers of the mixed-use project planned for the site.

Last year, the Board learned that JE Dunn, the original developer/general contractor, wanted to transfer its ownership share to its co-developer Dabdoub Schwabe Properties. Marcel Dabdoub said that an agreement had been reached with a Boston-based lender to provide the funding for such a transfer. The Board unanimously voted to give the group a 60-day extension, beyond the original deadline of Jan. 31, to finalize the deal.

Dabdoub said the potential investors have expressed a desire to increase the size of the development at East Broadway Boulevard and South Sixth Avenue, and that it could reach 19 stories. Plans are for two floors of retail, five to seven parking levels with about 350 parking spaces, five floors of office space and two to four floors for residential.

In other business, the Board took steps to alleviate potential parking challenges as a result of construction being done in and around the Tucson Convention Center. After meeting with residents of the nearby Barrio Viejo neighborhood, City of Tucson officials decided to issue parking permits for people who live nearby. The Rio Nuevo Board unanimously voted to reimburse the City up to $35,000 each year, until construction is completed, to cover the cost of the permits.

Board members took additional steps to make sure guests at the Doubletree Hotel, scheduled to be completed in December 2020, would not park in the surrounding neighborhoods. The new parking garage, being built just east of the TCC, will designate an additional 58 spots to supplement the surface parking to match the 170 beds in the hotel.

 The $38 million conversion plan for 1 S. Church moved forward after the Board voted to spend up to $10,000 to hire an appraiser and property tax consultant for the project. Those experts will give Rio Nuevo a third-party independent evaluation on the property and how the plans for the site will affect the building’s value.

Opwest Partners plans to revitalize the 23-story tower and convert eight lower floors into a hotel with about 150 rooms, 1,500-square-feet of meeting space, a 4,000-square-foot restaurant and a fitness center. Floors 11 through 23 would remain office space.

Opwest Partners is an investment and development firm with expertise in mixed-use, hospitality, resort, residential, entertainment, office, retail and recreational properties. The principals of Opwest have invested in and developed more than $4.5 billion of real estate throughout the United States, including the Curio Hotel in Scottsdale; Montage Beverly Hills; Montage Deer Valley in Park City, Utah; Pendry Hotel in San Diego; and the Everly Hotel in Hollywood.

More information on these projects and downtown can be found at RioNuevo.org.

Pathfinder North and South offer largest homesites available at popular Spur Cross master plan

QUEEN CREEK, Ariz. —Maracay will celebrate the highly-anticipated grand opening of two new East Valley neighborhoods – Pathfinder North and Pathfinder South – both situated inside Spur Cross, a master-planned community located in Queen Creek, just northeast of Signal Butte and Ocotillo roads, on Saturday, Feb. 8.

The grand opening event will include a neighborhood gathering from 12-3 p.m. and feature a catered lunch and refreshments. Prospective home shoppers are encouraged to attend the family-friendly event and explore the community with one of Maracay’s New Home Advisors to learn all about the neighborhood and its amenities.

Boasting the largest homesites (up to one-third of an acre) available at Spur Cross, Pathfinder North will offer 65 oversized homesites comfortably distributed throughout the neighborhood for added privacy and additional elbow room between homes. The quiet, gated enclave will feature four all-single-story Flex Design®  floor plans, two of which will include detached RV garages as a standard offering, providing additional space for all of the outdoor toys that active, growing families enjoy—or the ideal space for a specialized hobby. The homes at Pathfinder North will range from approximately 3,220- to 4,287-square-feet and will feature carefully crafted living spaces with contemporary characteristics, open areas and a variety of structural options, including an executive kitchen, an extended master bedroom and an enhanced indoor-outdoor living enivornment, among many other choices.

Meanwhile, Pathfinder South will offer the second largest homesites available at Spur Cross, measuring up to over one-quarter of an acre at many of the 53 available sites. The neighborhood will feature four distinct, all-single-story Flex Design®  floor plans, with attached RV garages as an included offering in two plans, and plenty of indoor-outdoor space for all plans, allowing families to stretch out and play to their hearts’ content. Ranging from approximately 2,695- to 3,679-square-feet, the homes at Pathfinder South will also offer customizable options, including generation suites and casitas with separate entrances.

“When Arizona homebuyers choose a home at our Pathfinder neighborhoods at Spur Cross, they’re not only moving to one of the Valley’s most sought after regions, but also getting a beautifully designed, premium home that features some pretty special Flex Design® options including a detached cabana and an RV garage option with a mini split AC unit ,” Andy Warren, Maracay’s president, said. “And, the benefits don’t end there. In fact, Spur Cross features a number of parks, a community pool, multiple walking trails and of course easy access to iconic Arizona destinations like San Tan Mountain Regional Park.”

The entire Spur Cross master-planned community offers a wide selection of modern amenities that today’s homesbuyers love. Residents enjoy the splendor-filled playground where they can relax, barbecue and mingle with neighbors under the ramada; while active families and weekend warriors can explore the neighborhood via a multi-use trail system or challenge their neighbors to a friendly game of basketball or sand volleyball on the courts. When the sun is shining, which is nearly every day in the beautiful Town of Queen Creek, residents can spread out a blanket for a relaxing picnic at the 7-acre park or cool off at the community pool and its 2,280-square-foot cabana.

Residents flock to this region of the Valley for its multitude of shopping, dining and high-performing schools, all just a short drive from Spur Cross. The buzzing community is located in the heart of Queen Creek, where residents enjoy a convenient mix of city perks and rural comforts. Nearby iconic attractions include San Tan Mountain Regional Park, Schnepf Farms and the Queen Creek Olive Mill. The community is also within close proximity to major East Valley employment centers and popular amenities, including Seville Golf & Country Club, the Mesquite Groves Aquatic Center, Horseshoe Park & Equestrian Centre, movie theaters, parks, and much more.

The homes at Pathfinder North and Pathfinder South will be registered with the U.S. Green Building Council (USGBC), a third-party rating system that verifies compliance across several areas addressing sustainability, with the goal of earning the LEED® Certified designation. Designed to use 30–50 percent less energy than typical homes, each home will meet the EPA’s Indoor airPLUS specifications and will feature water-efficient fixtures, LED lighting, energy-efficient heating and cooling systems, Energy Star® appliances, tankless water heaters, and Wi-Fi-enabled, programmable thermostats. Homes will also be Energy Star® certified and feature the latest in smart home technology and Maracay’s proprietary LivingSmart® program for maximum performance and cost efficiency.

For more information about Spur Cross, please contact Maracay’s New Homes Specialist Team at NewHomes@MaracayHomes.com or by calling (480) 401-5620.

A 10,350-square-foot office lease renewal to ETQ, Inc. handled by Phil Skillings and Andrew Sternberg with NAI Horizon, highlights this week’s lease report.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report for January 27 thru 31, 2020.

OFFICE – 250 S CRAYCROFT RD., TUCSON
ETQ, Inc. renewed their lease for 10,350-square-feet at 250 S. Craycroft. Phil Skillings and Andrew Sternberg with NAI Horizon represented both parties in this transaction. [mepr-show rules=”58038″]Tenant Phone: 516.293.0949[/mepr-show]

OFFICE – 4801 E BROADWAY BLVD., TUCSON
BBSI, Inc. has leased a 5,878-sqaure-foot space at The 4801 Offices, located on Broadway Blvd., just East of Swan Rd.  The Premises will be used for general office and related administrative functions.  Melissa Lal, Andy Seleznov and George Larsen represented the Landlord, Larsen Baker, while Greg Boccardo, of GRB Realty, represented the Tenant. [mepr-show rules=”58038″]Asking lease rate: $22.00 SF/YR; Tenant Phone: 520.512.8984[/mepr-show]

OFFICE – 2980 N SWAN ED., TUCSON
La Contessa Boutique, Ltd renewed their lease for 3.365-square-feet at Plaza Palomino located at 2980 N. Swan, Suite 144.  Phil Skillings, Ben Craney and Andrew Sternberg with NAI Horizon represented both parties in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.325.5677[/mepr-show]

OFFICE – 250 S CRAYCROFT RD., TUCSON
Calmwood Medical renewed their lease for 2,087-square-feet at 250 S. Craycroft in the Williams Centre.  Phil Skillings and Andrew Sternberg with NAI Horizon represented both parties in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.319.1919[/mepr-show]

RETAIL – 11931 N 1^ST AVE., STE 141, PLACITA DE ORO, ORO VALLEY
Sparkle Cleaners, Inc. has signed a lease for a 1,520- square foot space at 11931 N. 1^st Avenue, Suite 141, in Placita de Oro shopping center located at the southwest corner of 1st Avenue and Tangerine Road in Oro Valley, Arizona. Sparkle Cleaners is a full service dry cleaner in and around Tucson which include services such as professional laundry, flat finish, wash and fold, drapery cleaning, free minor repairs, spotting, moth proofing, wedding gown cleaning, VIP express service and many others. This location will be Sparkle Cleaner’s 13^th location in Pima County and its 2^nd location in Oro Valley. The new location is expected to open in the middle of February 2020 Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, CTW-FVP, LLC, and the Tenant represented itself in this lease transaction.

OFFICE – ST. MARY’S PLAZA, TUCSON
AZ Petition Partners has leased a 1,302-square-foot space at St. Mary’s Plaza, located on St. Mary’s Rd. just West of Grande Ave.  The Premises will be used as an office for Petition Signature Officers to perform office work.  Andy Seleznov and Melissa Lal of Larsen Baker, and David Hammock and Ramiro Scavo, of Cushman Wakefield/PICOR, represented the Landlord.

OFFICE – 3776 N 1^ST AVENUE, TUCSON
Elite Care, LLC has leased approximately 1,250-square-feet at 3776 N. 1st Avenue Tucson, AZ 85719 from Panthera Pavilions, LLC. The Landlord was represented by Stephen F. Grimm and Juan C. Pantoja from Grimm Commercial, LLC.

RETAIL – 6011 E 22^nd St., TUCSON
Tsar & Joshua Kimbell leased approximately 1,250-square-feet of retail space located at 6011 East 22nd Street, from Trinum Properties, LLC. Frank Arrotta of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction.

RETAIL – 1655 S ALVERNON WAY, TUCSON
He Fang Lin, dba TOSS – Fried Chicken & Ramen, leased approximately 1,140-square-feet of retail space located at 1655 South Alvernon Way, Tucson, Arizona, from Shawn R. Abrahams. Frank Arrotta of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction.

OFFICE -2601 N CAMPBELL AVE., STE 102, TUCSON
Giordano & Heckele PLLC has leased approximately 756-sqaure-feet at 2601 N. Campbell Ave Suite 102 from Blue Lion Campbell, LLC. The Landlord was represented by Stephen F. Grimm and Juan C. Pantoja from Grimm Commercial, LLC.

Submit sales and leases to REDailyNews@outlook.com