private and public investment breakdown - … saigon *monkey burger (closed) on-a-roll sushi penca...

2014 Investment Study Private and Public Investment Breakdown

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December 2014

Downtown Tucson Partnership

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100 N. Stone Ave, Suite 101, Tucson, AZ 85701 Phone (520) 268-9030 Fax (520) 268-9029

Executive Summary

Over the past six years, a combination of public and private investment has transformed Tucson’s historic heart into a modern urban destination. Since 2008, over $380 million of new private investment, and $530 million of public investment has been used to complete 28 public works projects, renovate 49 buildings, and open 210 new businesses. Together, these investments are estimated to have created over 3,000 new or relocated jobs and supported over 12,000 construction jobs. The most significant completed public investment project is the new SunLink Modern Streetcar, a 3.9mile corridor connecting the University of Arizona, 4th Avenue, downtown, and the Mercado District west of I-10. Additional public works projects have focused on improving downtown’s transportation, utilities, services, and historic assets. Significant projects under construction include Downtown Links, an $85 million project to connect Aviation Parkway with I-10 and create new pedestrian and bike pathways between downtown and the historic neighborhoods to the north, and the renovations currently underway on the Tucson Convention Center arena. Private investors have built new office, retail, multifamily, and mixed-use buildings and renovated historic warehouses into high-quality retail and office space. Seven new construction projects in excess of $10 million have been completed to date and over $200 million in new construction has been proposed. Included within this number is over 450 housing units that have been proposed for construction. As downtown Tucson continues to experience its longest period of redevelopment in recent memory, the scope of construction projects has continued to increase. The Partnership will continually update this study to provide up-to-date information on downtown’s redevelopment.

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Public Investment Breakdown (2008-2014) Updated: November 2014

Rio Nuevo Projects (Estimates Under Financial Audit) Project Name Project Type

Investment Value

TCC: Convention Center East Entrance Commercial $4,500,000 Roy Place/Walgreens Building Office $930,663 County Courthouse w/ Retail Component Office $98,500,000 MLK Building Housing $23,147,518 Plaza Centro Transportation $6,675,000 Fire Central Public Safety $38,850,000 4th Avenue Underpass Transportation $43,328,100 8th Street Drainage Improvement Transportation $7,400,000 Roundabout at Grande & Clearwater/Cushing Transportation $952,529 Cushing Street Bridge (Luis G. Guttierez Bridge) Transportation $14,980,000 Cushing Street Underpass Transportation $9,000,000 Depot Plaza Garage Transportation $15,928,510 Mercado Avenue Transportation $5,523,863 Modern Streetcar Transportation $196,822,000 Ronstadt Transit Center Improvements Transportation $2,797,458 Gadsden Development Urban Renewal $20,422 Barrio Viejo Urban Renewal $225,960 Downtown Infrastructure Improvements (DIIP Phase 2) Urban Renewal $9,027,752 Greenway Multi-use Pat Urban Renewal $200,000 Jacome Plaza Urban Renewal $90,000 Mission San Agustin Garden (Rio Nuevo) Urban Renewal $2,052,936 Mission Site-Origins Park/Infrastructure (Phase 1 complete, Phase 2 on hold) Urban Renewal $18,233,717 Presidio Stabilization & Heritage Park Urban Renewal $4,375,368 Streetscape Improvements Urban Renewal $15,300,000 Toole Avenue Improvements Urban Renewal $116,285 Barrio Sin Nombre Urban Renewal $131,846 Mission Landfill Urban Renewal $2,639,907 Central Energy Plant Repairs and Capacity Expansion Utility $9,070,000 Total: $530,819,172

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Private Investment Breakdown (2008-2014)

Category $ in Millions Office $110 Mixed Use $80 Residential/Hotel $60 Retail $40 Utilities $60 Cultural Arts $10 Health and Education $20 Total Investments $380

Note: Investment figures are included in the year projects are completed. All data refers to the Downtown Economic Reporting District.

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Private Business Investments (2008-2014) Updated: 12/8/2014

New Businesses Still Open: 170 New Businesses Closed/Relocated: 40

Construction Investments: 49

Dining (41 New Open | 13 New Closed/Relocated) Bakery/Desserts (3 New Open | 2 New Closed/Relocated) *Chocolate Fox (Closed) Dolce Pastello *Isabella's Ice Cream (Relocated) La Estrella Bakery Sonoran Sno-Cones Café (6 New Open | 3 New Closed/Relocated) Planet Smoothie *Brewd (Closed) Cartel Coffee Lab eXo Roast Co. *Lulu’s Shake Shoppe (Closed) Roasted Coffee & Tea Sparkroot Stella Java *Xoom Press/Build (Closed) Market (2 New Open | 0 New Closed/Relocated) 5 Points Market Old Town Market Restaurants (30 New Open | 8 New Closed/Relocated) 47 Scott (+ Patio Renovation) *A Steak in the Neighborhood (Closed) Agustin's Kitchen Barrio Cuisine Bernardos Café Desta Diablo Burger *Dizzy G’s (Closed) Downtown Kitchen & Cocktails / Sidewalk Expansion *Eat a Burger (Renamed)

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Elliot’s on Congress Empire Pizza Fired Pie Gio Taco Hi Fi Kitchen & Cocktails HUB Restaurant & Creamery Jimmy John’s L & J Burgers La Cocina Little Sicily Pizza Restaurant Maynard’s Kitchen Maynard’s Market Miss Saigon *Monkey Burger (Closed) On-A-Roll Sushi Penca Pizzeria Bianco *Pop Up BBQ (Closed) Proper Reilly Craft Pizza and Drink Rice House *Saint House Rum Bar (Closed) Seis Kitchen and Catering *Taqueria el Pueblito (Closed) Thunder Canyon Brewery Urban Fresh *V Thai (Closed) World of Beer Nightlife (16 New Open | 1 New Closed/Relocated) Bar/Nightclub (14 New Open | 1 New Closed) The Aquadec Dusty Monk Pub Good Oak Bar H2O Junxion Littlest Pub Playground R Bar Reilly’s Beer Garden

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Rialto Bar Patio *Sapphire Lounge (Closed) Scott & Company Tap & Bottle Unplugged Wine Bar Zen Rock Craft Brewery (2 New Open | 0 New Closed/Relocated) Borderlands Brewery Pueblo Vida Brewery Shopping (37 New Open | 11 New Closed/Relocated) A-Store Amp Juice Vapors Arizona Experience Store Blu: A Wine and Cheese Stop *BLX Skate Shop (Relocated) *Buffalo Exchange (Closed) CandyStrike Carly Quinn Designs Contreras Gallery and Jewelry Cricket Wireless Desert Bloom Dragonfly Village Eclectic Interiors EcoGro Fed by Threads Fingers De Freedom Flash in the Past forsSHOP Gather: A Vintage Market Gypsy Emporium *Inner Tie (Closed to Public) June's Corner Store Kirkawa Jewelry *Knucklehead Alley (Closed) La Cabana La Fashionista La Fleur Plantscapes Laura Tanzer Lesco Optique

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*Masquerade Creations (Closed) Mast *Obsidian Gallery (Closed) Old Paint Music Store Ozma Atelier *A Perfect Pantry - Congress (Closed) A Perfect Pantry - 6th Ave Pink Door Gallery *Purple Orchid Blade Boutique (Relocated) Rae’s Place Downtown Market *REVOLuTIo Boutique (Closed) San Agustin Trading Post Shelago’s Artwerks USA *Social Science Junk Shop (Closed) Space Smoke Shop Transit Cycles *TUC Lgnds (Closed) Tucson Olive Central VII Grand Services (55 New Open | 11 New Closed/Relocated) Education (1 New Open | 0 New Closed/Relocated) Tucson IDEA Food Preparation (2 New Open | 0 New Closed/Relocated) Mercado Cannery & Creamery Mercado Shared Use Kitchen Health and Wellness (7 New Open | 2 New Closed/Relocated) *DNA Fitness (Closed) Estudio del Piel Fitworks Cycling Support *O2 Modern Fitness (Closed) Playformance Tucson Acupuncture Co-op Tucson Yoga (new owner) Yoga Oasis Zona Athletics

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Innovation District/High-Tech Business Incubators (7 New Open | 4 New Closed/Relocated) Artfire *Connect Beta (now Connect Coworking) Connect Coworking CoLab Elegant Thought *Gangplank (now CoLab) Maker House Spoke6 *Startup Tucson (now CoLab) *Toole Ave. Hive (now CoLab) Xerocraft Hackerspace Office (33 New Open | 4 New Closed/Relocated) *Amity Foundation Offices (Relocated) Arizona Capital Representation Project Ben’s Bells Caliber Funding Center for Biological Diversity Congress Street Clubs CyraCom Business Center CyraCom Call Center Destination Southern Africa DJB Group DL Withers Construction Downtown Tucson Partnership FORS architecture + interiors Haley and Aldrich HDR Inc. *Hollis Graphics (Closed) Ironwood Tree Experience Julie Ray Creative Madden Media MEB Management Services National Institute for Civil Discourse Peach Properties Pima Association of Governments Providence Service Corporation Refugee Focus Regus Rob Paulus Office

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SBBL Architecture & Planning *Seawater Foundation (Relocated) Sinfonia Sonoran Institute Summit Funding Tierra Antigua - Congress *Tierra Antigua - Stone (Relocated) Unisorce Energy World Care Zocalo Magazine Salon (4 New Open | 1 New Closed/Relocated) Curley’s Downtown Barber Shop Cut Color Polish Salon * Headliners (Closed) North Scott Barber shop About Me Hair Studio Tattoo Parlor (1 New Open | 0 New Closed/Relocated) Haunted Hands Cultural Arts (21 New Open | 4 New Closed/Relocated) Academy of Wonderment Art House Centro *Atlas (Closed) Baker + Hesseldenz Borealis Arts Carrillo Placita (addition to St. Augustine) *Con Danza (Closed) Design Collaborations *Dinnerware Artspace (Closed) The Drawing Studio Exploded View Galactic Center at Solar Culture George Strasburger Gallery Janice Wallace Arts LoveSmack Studios MOCA Puppets Amongus Pure Beauty: Horticultural Services + Amenities *Sacred Machine (Closed)

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Saint Cecilia Recording Studios Solar Culture Studio ONE Toole Shed Yaybig Gallery Wavelab *Business has since closed or relocated

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Private Construction Investments (2008-2014) 49 Projects

Construction Office (13 Projects) 990 E. 17th (Renovation) Bates Mansion (Renovation) Charles O Brown House (Renovation) City High (Renovation) FBI Building (Developed/Owned by QGC) John Wesley Miller Co. (Renovation) Manning House Remodel (Renovation) One East Broadway Owls Club Mansion Pioneer Building (Renovation) Providence Service Corp. Building (Renovation) St. Augustine Office Improvements (Renovation) Unisource Building Construction: Retail (19 Projects) 1 Toole (Renovation) 31 Toole (Renovation) 50 East Broadway (Renovation) 119 E. Toole (Renovation) 191 E. Toole (Renovation) 174 E. Toole (Renovation) The Arches (Renovation) Cadence Retail Café a la C’art (Expansion) Chicago Music Store (renovation) Hotel Congress Room Renovation/Patio Construction Toole Ave (Streetscaping) Market Inn (Renovation) Mercado San Agustin Old Knucklehead Location (Renovation) One East Broadway Rialto Block (Renovation) Screening Room (Façade Renovation) Thunder Canyon Brewery Block (Renovation)

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Construction: Services (4 Projects) City High School (Renovation) El Rio Community Health Center Expansion Imago Dei Middle School (Renovation) Steinfeld Warehouse (Renovation) Construction: Utilities (3 Projects) CenturyLink Mercado Infrastructure Improvements Tucson Electric Power Construction: Single-Family Housing (2 Projects) Armory Park Del Sol Mercado District (50 Single Family Residences) Construction: Multi-Family Housing (8 Projects) Cadence Student Housing One East Broadway One North Fifth (Renovation) The Scott (Renovation) Sentinel Plaza Senior Housing The Flats at Julian Drew (Condo Conversion) The Herbert (Renovation) The Junction at Iron Horse

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Upcoming Private Business Investments (7 Projects) Dining (3 Upcoming) Market (1) Johnny Gibson’s Downtown Market (March 2015) Restaurant (2) Nook Street Taco and Beer Co. Nightlife (1 Upcoming) Craft Brewery (1) Independent Distillery Services (2 Upcoming) Hospitality (1) AC Hotel by Marriott Salon (1) Salon Salon Cultural Arts (1) Artifact Dance Project

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Upcoming Private Construction Investments (10 Projects) Construction: Retail (3) Gibson Court Screening Room (Renovation) Steinfeld Warehouse Construction: Services (1) Big Brothers Big Sisters (Façade Renovation) Construction: Multifamily Housing (6) Arizona Hotel Renovation Downtown Motor Apartments Monier Apartments Rally Point Apartments Thrifty Block West End Station

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private and public investment breakdown - … saigon *monkey burger (closed) on-a-roll sushi penca...

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