HomeDiagramsDatabaseMapsForumSkyscraper Posters
     

Go Back   SkyscraperPage Forum > Regional Sections > United States > Southwest

Reply

 
Thread Tools Display Modes
     
     
  #5241  
Old Posted Dec 17, 2014, 1:46 PM
Azstar Azstar is online now
Registered User
 
Join Date: Sep 2007
Posts: 31
His proposal to renovate the hotel for Rio Nuevo was a viable one. He was only asking for tax breaks, and for Rio Nuevo (or the city) to pay for a parking structure. The City Council, on the other hand, was determined to forge ahead with a totally unrealistic, unattainable plan to build a 30+ story hotel from the ground up. No developer was interested in that plan unless the city/Rio Nuevo was willing to practically guarantee its success, financially. It would have cost much, much more in the long run.
Reply With Quote
     
     
  #5242  
Old Posted Dec 17, 2014, 4:19 PM
Ted Lyons Ted Lyons is offline
Registered User
 
Join Date: Jun 2008
Location: Tucson, Arizona
Posts: 442
Quote:
Originally Posted by Azstar View Post
His proposal to renovate the hotel for Rio Nuevo was a viable one. He was only asking for tax breaks, and for Rio Nuevo (or the city) to pay for a parking structure. The City Council, on the other hand, was determined to forge ahead with a totally unrealistic, unattainable plan to build a 30+ story hotel from the ground up. No developer was interested in that plan unless the city/Rio Nuevo was willing to practically guarantee its success, financially. It would have cost much, much more in the long run.
His proposal was only made viable by the fact that he (I bet purposely) let the property fall into such disrepair that some sort of public financing deal was absolutely necessary.This mentality was evidenced by his threats to close the hotel unless the city acquiesced to his demands years after the Rio Nuevo bidding was over. If the property had been kept up as most any other hotel is, his losses would not have necessitated outside intervention, but that was the crux of the game.
Reply With Quote
     
     
  #5243  
Old Posted Dec 17, 2014, 7:51 PM
ILikeEyeballs ILikeEyeballs is offline
Registered User
 
Join Date: Nov 2012
Posts: 2
Anyone know when construction downtown on the AC Hotel by Marriot is going to start? The last news story I could find is from June, 2014 and says construction was expected to begin by the end of the year.

http://realestatedaily-news.com/down...hes-milestone/
Reply With Quote
     
     
  #5244  
Old Posted Dec 17, 2014, 8:12 PM
Ted Lyons Ted Lyons is offline
Registered User
 
Join Date: Jun 2008
Location: Tucson, Arizona
Posts: 442
Quote:
Originally Posted by ILikeEyeballs View Post
Anyone know when construction downtown on the AC Hotel by Marriot is going to start? The last news story I could find is from June, 2014 and says construction was expected to begin by the end of the year.

http://realestatedaily-news.com/down...hes-milestone/
Construction permits are still under review according to PRO. Plans were submitted back in October.
Reply With Quote
     
     
  #5245  
Old Posted Dec 17, 2014, 10:48 PM
ComplotDesigner's Avatar
ComplotDesigner ComplotDesigner is offline
Registered User
 
Join Date: Feb 2011
Posts: 73
Reply With Quote
     
     
  #5246  
Old Posted Dec 17, 2014, 11:16 PM
Ted Lyons Ted Lyons is offline
Registered User
 
Join Date: Jun 2008
Location: Tucson, Arizona
Posts: 442
Quote:
Originally Posted by ComplotDesigner View Post
Good find. Felt like it took forever for this to be updated.
Reply With Quote
     
     
  #5247  
Old Posted Yesterday, 1:49 AM
Patrick S Patrick S is offline
Registered User
 
Join Date: Oct 2011
Posts: 367
Don't know if anyone saw this today as it was buried in an AZ Daily Star article about TUSD allowing TPD back into their schools, but there was an update on the new hotel by the U of A.

"The council also paved the way for a new, six-story hotel and retail complex near the University of Arizona.

The council granted development company 7one4 Tucson LLC permission to tear down four dilapidated, historic buildings on the northeast corner of Euclid Avenue and Fourth Street and replace them with an approximately 140-room hotel and underground parking garage.

Some neighborhood groups opposed the destruction of the historic buildings.

But city code allows an historic building to be torn down if the structure is beyond a “reasonable economic use.”

The four buildings, three two-story apartment buildings and a single-story business, fit the description.

Records provided by the company indicate it would cost $2.7 million to rehabilitate the four buildings, but only net $44,250 a year in profit.

Based on those numbers, it would take 110 years on average to break even, records show.​"

Here's the article, with a map of the development location: http://tucson.com/news/local/govt-an...994f5a4aa.html
Reply With Quote
     
     
  #5248  
Old Posted Yesterday, 1:53 AM
Patrick S Patrick S is offline
Registered User
 
Join Date: Oct 2011
Posts: 367
Quote:
Originally Posted by aznate27 View Post
Is the Guggenheim Coming to Sixth Street and Stone? We're Guessing No



Anyone know what this is all about?? Tucson Weekly says it's a hoax, which I tend to agree with, but why?? I was all excited when I drove by on my way to work today, kinda sucks if it is a hoax.
Of course it's a hoax - The sign has a picture of a Tucson Weekly cover article about the museum, which the Tucson Weekly says is a fake. There's also the idea that the Guggenheim is one of the most famous museum's in the world. I've got a bridge to sell to anyone who actually believed this would be put in Tucson.
Reply With Quote
     
     
  #5249  
Old Posted Yesterday, 3:35 AM
Ted Lyons Ted Lyons is offline
Registered User
 
Join Date: Jun 2008
Location: Tucson, Arizona
Posts: 442
Quote:
Originally Posted by Patrick S View Post
Don't know if anyone saw this today as it was buried in an AZ Daily Star article about TUSD allowing TPD back into their schools, but there was an update on the new hotel by the U of A.

"The council also paved the way for a new, six-story hotel and retail complex near the University of Arizona.

The council granted development company 7one4 Tucson LLC permission to tear down four dilapidated, historic buildings on the northeast corner of Euclid Avenue and Fourth Street and replace them with an approximately 140-room hotel and underground parking garage.

Some neighborhood groups opposed the destruction of the historic buildings.

But city code allows an historic building to be torn down if the structure is beyond a “reasonable economic use.”

The four buildings, three two-story apartment buildings and a single-story business, fit the description.

Records provided by the company indicate it would cost $2.7 million to rehabilitate the four buildings, but only net $44,250 a year in profit.

Based on those numbers, it would take 110 years on average to break even, records show.​"

Here's the article, with a map of the development location: http://tucson.com/news/local/govt-an...994f5a4aa.html
This is good news. The West University Historic Zone Advisory Board voted unanimously against tearing down the buildings so I was a little concerned about this vote. The buildings are nice but they are outsized for the limited lot size and don't visually add much value.

Now, I just hope the Design Review Board rips the current hotel design apart. It's hideous as is.
Reply With Quote
     
     
  #5250  
Old Posted Yesterday, 3:41 AM
Ted Lyons Ted Lyons is offline
Registered User
 
Join Date: Jun 2008
Location: Tucson, Arizona
Posts: 442
More Main Gate Square news.

http://tucson.com/business/local/lan...html?id=201408

Quote:
Landmark Clothing, near UA Main Gate, liquidating inventory

. . .

The property was purchased in June for $1.25 million by D&F Holdings LLC of Colorado, Pima County Recorder’s Office documents show.

D&F Holdings officials could not be reached Wednesday for comment, but Edberg said it plans a restaurant and bar for the site and will probably start construction in March. He said D&F will make renovations to the distinctive two-story house, built in about 1910, that the men’s clothing store was known for.

. . .

So, when the group from Colorado made an offer to purchase the business, Edberg and Finkelstein decided it was time — and not just because of slow sales. “I’m in my 70s and my partner is in his 50s, so it’s time,” Edberg said.
The reference to a group from Colorado has me thinking this relates to this: http://www.tucsonweekly.com/TheRange...-illegal-petes

EDIT: Yup. D&F Holdings owner: Craig R. Hahn. http://www.manta.com/c/mbyn7qx/d-f-holdings-llc. Craig Hahn, CPA for Illegal Pete's: http://www.ptindirectory.com/tax-pre...craig-hahn-cpa.
Reply With Quote
     
     
  #5251  
Old Posted Yesterday, 4:22 PM
southtucsonboy77's Avatar
southtucsonboy77 southtucsonboy77 is offline
Registered User
 
Join Date: Apr 2012
Location: T-Town, AZ
Posts: 132
Quote:
Originally Posted by Ted Lyons View Post
Good find. Felt like it took forever for this to be updated.
Did anyone catch on page 26 of the Alexander proposal a Design/Conceptual of a 14-story The Post?

Is that out-dated...or new? I've never seen that rendering before.
Reply With Quote
     
     
  #5252  
Old Posted Yesterday, 4:47 PM
Ted Lyons Ted Lyons is offline
Registered User
 
Join Date: Jun 2008
Location: Tucson, Arizona
Posts: 442
Quote:
Originally Posted by southtucsonboy77 View Post
Did anyone catch on page 26 of the Alexander proposal a Design/Conceptual of a 14-story The Post?

Is that out-dated...or new? I've never seen that rendering before.
Yeah. I noticed that and thought it looked good. I can't believe it's the current design, though. Also, it's another project with no movement in months (other than interior demo on the building next door) that was supposed to begin by year's end.
Reply With Quote
     
     
  #5253  
Old Posted Yesterday, 7:29 PM
InTheBurbs InTheBurbs is offline
Registered User
 
Join Date: Oct 2013
Location: Houston
Posts: 32
Quote:
Originally Posted by southtucsonboy77 View Post
Did anyone catch on page 26 of the Alexander proposal a Design/Conceptual of a 14-story The Post?

Is that out-dated...or new? I've never seen that rendering before.
Here's a shot of one of the earlier proposals for the Thrifty Block. It may have been taller at one point, and there was talk of incorporating a hotel, but was then scaled back before it was cancelled. It was also going to include the lot where One East is now.


Photo: Tucson Citizen Archives
Reply With Quote
     
     
  #5254  
Old Posted Yesterday, 8:52 PM
ppdd ppdd is offline
Registered User
 
Join Date: Mar 2011
Posts: 63
Quote:
Originally Posted by InTheBurbs View Post
Here's a shot of one of the earlier proposals for the Thrifty Block. It may have been taller at one point, and there was talk of incorporating a hotel, but was then scaled back before it was cancelled. It was also going to include the lot where One East is now.


Photo: Tucson Citizen Archives
I think that's the original Post rendering, but that never happened and never will. The other rendering looks like a taller version of the more recent proposal.
Reply With Quote
     
     
End
 
 
Reply

Go Back   SkyscraperPage Forum > Regional Sections > United States > Southwest
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 9:43 PM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.