RioNuevo was established in 1999 by the AZ Legislature. It is a Tax Increment Finance (TIF) district whose charter is to invest in the betterment of its primary component, the Tucson Convention Center and surroundings, not to exceed the boundaries of the District. RioNuevo is funded with approximately ½ of the State portion of sales tax collected within the District. The District includes the major part of downtown plus Broadway Blvd, extending to Wilmot Ave., including El Con and Park Place Mall. For every dollar RioNuevo has invested, nearly $10 has been invested by the private sector, leveraging funds 10-1. A few developments that have occurred or are occurring include:
- $9m invested in the TCC arena, resulting in the presence of the very successful Tucson Roadrunners Hockey team and The Sugar Skulls Indoor Football. It also allows the TCC to attract large shows to the venue.
- Played large role bringing Caterpillar to Tucson
- Marriott Hotel downtown
- Hilton Hotel at Cathedral Square
- Doubletree Hotel at TCC
- Two parking garages at TCC
- Mercado Annex and Bautista Apartments
- $65m renovation of the TCC, Music Hall, Leo Rich, and Eckbo Gardens
- Sunshine Mile redevelopment of historic properties
- El Presidio Historic District improvement/activation
Tom Heath has been originating home loans for 20 years. Over his career he’s done more than helping people buy and refinance real estate, he’s an active promoter of financial literacy in the community, a resource for informationaboutTucson’s Urban Development, and an advocate for local businesses. Tom currently serves on the Executive Board for the Downtown Tucson Partnership and Board of Directors for the Tucson Association of REALTORS ®. He also sits on steering committees for the Tucson Festival of BooksandLocal First
About the Host:
Carol Nigut, Realtor® ABR, ePro, GRI
Your Home for Real Estate at Coldwell Banker Residential Brokerage
2890 E. Skyline Drive #250
Tucson, AZ 85718
SOCIAL MEDIA: Facebook | Google | Instagram | LinkedIn | YouTube | Zillow |
Originally from the Chicago area, Carol is a former educator and small business owner who has lived all over the United States, buying and selling property with each move. Knowing what it’s like to go through the process drives her commitment to her clients. Trusted for her knowledge, integrity, and diligence, Carol is one of a small percentage of Arizona Realtors® who have earned the GRI (Graduate Realtor® Institute) designation, making her uniquely qualified to serve and protect her clients through every phase of their real estate transaction. As an ePro professional, she also has the skills to take full advantage of the digital environment and social media marketing platforms which have become the backbone of the Real Estate industry. Dedicated to her clients, profession, and community, Carol serves on the Professional Development Committee of the Tucson Association of Realtors, as a sponsor of Meet Me at Maynards and a volunteer at Tucson Meet Yourself, and the Tucson Folk Festival. To learn what her clients have to say about working with Carol, check out her reviews on Google, Yelp, and Zillow.
Carol provides residential real estate services throughout the greater Tucson area, She works with both buyers and sellers, first-time home buyers, vacation/second home buyers/sellers and investors. If you, or someone you know, are looking for an energetic Realtor@ who cares about their clients and is dedicated to superior customer service, please contact Carol and give her the opportunity to become “Your Home for Real Estate”.