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