High-rise could be built at downtown transit center site
By Bud Foster
Posted: Sep 29, 2014 3:43 PM
Updated: Sep 29, 2014 3:43 PM
TUCSON, AZ (Tucson News Now) -
A committee is evaluating proposals for what could be the biggest project downtown Tucson has seen in a long time, the development of the Ronstadt Transit Center.
The committee is meeting this week to evaluate the proposals submitted by companies hoping to develop the transit center.
A winner will be chosen by early November and the city will then work on a contract.
The five acres of the transit center is some of the most valuable real estate downtown, and the interest is a bellwether of just how downtown redevelopment is going.
Even though the city is hoping for a combination of retail, residential and commercial, the center must have a transit component because federal dollars are involved. This means the buses will stay and the development will be built around the transit center.
City planners are hoping this site will generate revenue rather than be the drain it has been for the past several years.
And one of the important parts of the plan will be to make sure it's private dollars doing the development, not taxpayer dollars.
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