The Rio Nuevo Board announced at its February 2nd meeting it has contracted to purchase a 46,107-square-foot parcel of land at the southeast corner of Euclid and Broadway as the location for a new location for the Tucson Greyhound bus terminal. The Board has 60 days to investigate whether the parcel, located at 801 E. […]
Attorneys for the Rio Nuevo District presented a proposal that could refinance the $80 million 2008 General Obligation Bonds issued by the city controlled Rio Nuevo board during one of the worst bond markets in recent memory. Interest rates have dropped dramatically and with an improved credit rating District bond advisors believe Rio Nuevo could
Rio Nuevo Board Contemplates Refi of Bond Debt Read More »
At the Rio Nuevo meeting Tuesday, the board moved ahead to finalize an agreement with Allan Norville’s Nor-Generations, LLC, or ‘Nor Gen’ to acquire and develop the 8.5 acres adjacent to the freeway, where the Greyhound Bus Terminal is currently located, commonly referred to as the Arena Site, or the western gateway to Downtown Tucson.
Timeline for Nuevo-Norville-ville gets Nod from Rio Nuevo Board Read More »