CONTRACTAPPROVED

Rio Nuevo Multipurpose Facilities District Awards Facilities Contract to Obie Companies (March 2026)

Rio Nuevo Multipurpose Facilities District logoRio Nuevo Multipurpose Facilities District
Disclosed value
$3,000,000 over five years ($50,000/month) plus nominal ground lease
From transcript
Approved
Mar 24, 2026

The 30-second brief

What it covers

Rio Nuevo approved a GPLET structure and $3 million in phased construction support for Obie Companies’ Tucson Inn & Market hotel and retail project, including a nominal ground lease and future discounted land purchase. The agreement is contingent on an independent economic benefits study, county lease arrangements, and final legal documentation.

Who holds it

Obie Companies holds this facilities contract with Rio Nuevo Multipurpose Facilities District. Its other public contracts on record include work for Rio Nuevo Multipurpose Facility District, Board of Directors | State of Arizona and City of Springfield.

What happens next

Term as filed: Five-year payment period beginning when hotel construction starts; long-term GPLET lease term not yet specified.

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Contract details

Contract type
Facilities
Amount
$3,000,000 over five years ($50,000/month) plus nominal ground lease
Document date
March 24, 2026
Term
Five-year payment period beginning when hotel construction starts; long-term GPLET lease term not yet specified
Source document
Rio Nuevo Multipurpose Facilities District Transcript Board Meeting 2026-03-24 (Transcript)

Obie Companies's other public contracts

More Rio Nuevo Multipurpose Facilities District contracts

Questions about this contract

Who was awarded the facilities contract by Rio Nuevo Multipurpose Facilities District?

Obie Companies was awarded this facilities contract by Rio Nuevo Multipurpose Facilities District, as recorded on March 24, 2026. The contract value is $3,000,000 over five years ($50,000/month) plus nominal ground lease.

How much is the Obie Companies contract with Rio Nuevo Multipurpose Facilities District worth?

The Obie Companies contract with Rio Nuevo Multipurpose Facilities District is valued at $3,000,000 over five years ($50,000/month) plus nominal ground lease, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a transcript record.

Where was this contract approved?

This contract appears in Rio Nuevo Multipurpose Facilities District Transcript Board Meeting 2026-03-24 (Transcript), dated March 24, 2026 from Rio Nuevo Multipurpose Facilities District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Obie Companies hold?

Obie Companies may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Rio Nuevo Multipurpose Facilities District currently buying?

Explore Rio Nuevo Multipurpose Facilities District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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