Monday, May 4, 2009

Warehouse Shuffle

Posted By on Mon, May 4, 2009 at 4:07 PM

TW contributor Dave Devine gives us an update on city efforts to gain ownership of some of the warehouses along Toole Avenue:

While state lawmakers are still debating the fate of the Rio Nuevo downtown revitalization effort, the city and the Arizona Department of Transportation are taking steps toward a proposed development along Toole Avenue downtown. (For more details, see “East Side Story,” April 9.)

The city would give up a piece of property next to the Interstate 10 frontage road near Congress Street. In exchange, ADOT would hand over two historic warehouses and parking lot on Toole.

If the swap were to go through, the Toole structures would be renovated and a new housing complex for artists would replace the parking lot.

Unlike the city’s earlier offer to give ADOT three parcels of worthless property for 15 downtown warehouses, the I-10 property is valued at $550,000. The Toole parcels may be worth more than that, with an appraisal putting a $652,000 price tag on the parking lot alone, but those values are now under review.

If the two sides can come to terms, the City Council could finalize the swap in July. By that time, we might even know the future of Rio Nuevo.

Comments

Subscribe to this thread:

Add a comment

More by Jim Nintzel

  • Editor's Note

    Giving Thanks
    • Nov 23, 2017
  • Editor's Note

    Pulp Fiction
    • Nov 16, 2017
  • The Skinny

    The stampede of Republican lawmakers retreating in horror from Alabama Senate candidate Roy Moore is quite the spectacle.
    • Nov 16, 2017
  • More »
Today | Sat | Sun | Mon | Tue | Wed | Thu
DO(OM) Yoga

DO(OM) Yoga @ Floor Polish

Sundays, 8-9 p.m.

All of today's events | Staff Picks

Staff Pick

Carnival of Illusion: Magic, Mystery & Oooh La La!

This top-rated illusion show is "Revitalizing Magic" by blending an international travel theme with all the charms… More

@ Scottish Rite Grand Parlour Saturdays. Continues through April 14 160 South Scott Ave

» More Picks

Submit an Event Listing

Popular Content

  1. The 'Freedom Center's' High School Course Is On Shaky Ground at TUSD (The Range: The Tucson Weekly's Daily Dispatch)
  2. Laughing Stock: The People's Pervert Does Christmas (The Range: The Tucson Weekly's Daily Dispatch)
  3. Cutting Teacher Compensation and School Funding in Wisconsin (The Range: The Tucson Weekly's Daily Dispatch)
  4. Grease Trap Fever! County Collecting Grease in January (The Range: The Tucson Weekly's Daily Dispatch)
  5. National Stars Shine on Tucson’s Comedy Fest (The Range: The Tucson Weekly's Daily Dispatch)

© 2017 Tucson Weekly | 7225 Mona Lisa Rd. Ste. 125, Tucson AZ 85741 | (520) 797-4384 | Powered by Foundation