Redevelopment of the Freriedman block, including reduction of…
Rio Nuevo Multipurpose Facilities DistrictArizona- Detected
- Sep 3, 2026
- 60 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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THE 30-SECOND BRIEF
Redevelopment of the Freriedman block, including reduction of building square footage, creation of parking spaces, and potential shared parking with Council House Apartments and Emar Learning Center. The project aims to convert a dormant block into a tax-producing anchor.
Rio Nuevo committed $500,000 cash upfront and a rebate capped at $2,000,000. The project involves reducing building size from 42,000 sq ft to 36,000 sq ft to create more parking. There are two parking solutions: shared parking with Council House (preferred) or a fallback plan using Emar Learning Center and street parking. The project aims to keep food service under 50% to maintain a lower parking requirement. Milestones include development package submission within 90 days and permit within 75 days.
From the meeting
- Source
- August 25, 2026 Board Meeting
- Meeting date
- September 3, 2026
- Agency
- Rio Nuevo Multipurpose Facilities District
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