Rio Nuevo adjusts deadlines with Gadsden Co. to further their outstanding progress on the Mercado area projects.
The Gadsden Company's newest project on the west side Mercado area is the new Monier Luxury Apartment complex, which will begin renting in mid June to July. The Monier will have ground floor retail, which is already 100% leased. Adam Weinstein with Gadsden said the demand for the retail space was very strong. Their next project, the Bautista Luxury Apartments, will not only have ground floor retail but also include a river walk along the Santa Cruz. In order to accommodate work stoppages and slow downs that occurred on their construction projects due to Covid-19 they requested extensions on funding and construction deadlines, which were unanimously approved.
Reilly Craft Pizza and Drink receive funds from Rio Nuevo for new rooftop bar!
The Rio Nuevo Board voted to provide $100,000 to Reilly Craft Pizza and Drink to assist in construction of a new rooftop bar and deck that will sit atop their beer garden building just north of the main restaurant. This addition will provide a major expansion for outdoor dining and events. "Reilly's will begin to re-open next month, but we will open slowly to assure the highest standards for our customers" said owner Zach Fenton.
Rio Nuevo Selects Eight Restaurants for $10,000 Parklet Grants
Rio Nuevo received a selection of proposals for the Parklet Grants, after thorough discussion, eight restaurants met all of Rio Nuevo's requirements and will be awarded the grants for a total of $80,000 more invested into the local restaurant market. The selected restaurants will need to go through City of Tucson requirements to complete the process.
More information on these projects and downtown can be found at RioNuevo.org