Tucson Downtown Arena Proposed Again – 3rd Time a Charm?
by Tucson Realtor - Michael Krotchie on February 25, 2009
This article about the Stockton Arena is from yesterday’s AZ Daily Star. I have been thinking about it since then and hadn’t posted because I wasn’t quite sure what to make of it. Tucson has been through this downtown arena talk twice before already and it’s become a running joke among Tucsonans, along with Rio Nuevo. Check out the following timeline:
DOWNTOWN ARENA TIMELINE
• OCTOBER 2003: Although not part of the Rio Nuevo ballot measure approved by voters, talk begins about building a new arena Downtown.
• JANUARY 2004: The City Council votes 4-3 to solicit proposals from developers for a new arena.
• AUGUST 2004: The city selects an arena development team led by Texas-based Garfield Traub.
• MARCH 2007: Downtown landowner Allan Norville unveils plans to build a Downtown arena and gem-show exhibit hall. Two days later, the city releases plans for a new arena shaped like a desert tortoise shell.
• APRIL 2007: The City Council unexpectedly approves the $130 million tortoise-shell arena with no public notice or input.
• APRIL 2008: A public-records request by the Arizona Daily Star showed costs for the tortoise arena had ballooned to $196 million.
• MAY 2008: The City Council kills the tortoise-shell arena because of the cost. It voted to negotiate with Norville to build a smaller arena on his land, but the deal is never finalized.
• FEBRUARY 2009: With no money to buy Norville’s land, the city moves the arena to a third site and is set to choose the arena’s architect and operator.
Here are the latest glamour shots courtesy of the Daily Star:
So while I love the pictures, I’ll hold my sincere excitement until we see a little more progress (actually breaking ground would satisfy me).
Here are your stats for today:
| New Listings |
134 |
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| Back on Market |
18 |
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| Price Increases |
10 |
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| Price Reductions |
147 |
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|
| Contingents |
52 |
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| Pendings |
25 |
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| Solds |
48 |
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| Expireds |
24 |
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| Inactives |
40 |
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Check out these possibly related posts:- Marana Spectrum – A Huge Retail “Power Center” coming in 2010
- The Rise of Tucson “Power Centers” – Good or Bad?
- Tucson Short Sales & Lender Owned Homes Continue to Rise
- Tower Theatres – A New State-of-the-Art Theater in Marana
- Tucson Real Estate Market – April 2008 Analysis
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rio nuevo,
stockton arena,
tucson mls,
Tucson MLS Statistics
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