PROPOSED WEST CITY CENTER DEVELOPMENT Broadway / Granada Mixed Use Multi-Phased Project

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1 PROPOSED WEST CITY CENTER DEVELOPMENT Broadway / Granada Mixed Use Multi-Phased Project

2 GOALS/DEMANDS FOR RIO NUEVO MASTER PLAN Modern Convention Hotel(s) to support TCC (Hunter Study) Upgrades to Convention Center and Arena (ULI Study) Grocery Store In Downtown Core Apartment/Condominium Options for Professionals and Seniors Tenants Restaurants and Amenities Private Exhibition Hall (Norville Property) Music Hall Parking Garage (ULI recommendation) Stravenue and preservation/improvement of Eckbo Fountains and walkway

3 Project is located on modern street car line and adjacent to TCC/ Gateway to Rio Nuevo

4 Tucson Convention Center Study (Hunter) minimum 1,000-1,200 hotel rooms / ULI Study: Immediate Demand for Rental Units and Condominiums

5 Hotel Arizona is on TCC Plaza

6 Subject Site Incorporates and Redevelops Music Hall Parking Lot, Hotel Arizona and current HA Garage

7 PHASE I- CONVENTION QUALITY HOTEL (Doubletree or Similar Brand) REDEVELOPMENT Original 307 room hotel Shell Structure Completely Redeveloped to Doubletree or other Hilton product. New FF&E, remodel all guestrooms and common areas, improvements to public spaces and amenities. Construction timeline 6 months to 1 year. Possible use of GPLET and Site Specific Hotel Taxes (ULI Recommendations)

8 Existing Massing Model

9 GOOD BONES: Built in 1972 as Convention Hotel Serving TCC 307-rooms, 25,000sf Meeting Rooms, Restaurant/Bar

10 Phase 1 site plan

11 Phase 2- Mixed Use Development on Music Hall Lot- Parking Garage Construction of a new multi- story parking garage on existing MH parking lot with between 500 and 1,000 parking spaces. Need to address parking requirements of Music Hall and for dynamic/vibrant downtown events/activities (ULI Recommendations). Possible Public-Private Partnership (P3) Project.

12 Phase 2 Continued- Mixed Use Development Construction of a mixed- use residential and retail project with a grocery store/pharmacy at street level and between 100 and 300 apartments in air rights above the new garage. High end Condominium units also a possibility. Located on Modern Street Car line. Would bring foot traffic and residences to West end of downtown. could also provide restaurant space adjacent to TCC

13 Mass Modeling Depiction of Garage

14 Mass Modeling Depiction of Residential and Retail Development

15 Aerial Depiction of Phase 2 Mixed Use

16 PHASE 3 New Embassy Suites Hotel Construction of New room Hilton Embassy Suites (or similar) Hotel on corner parcel (on or over current hotel garage). Owner has already secured Embassy Suites Franchise for corner location. Located on Modern Street Car Line. Satisfies need for additional convention center hotel rooms, but with suite style product.

17

18 Phase 3(Embassy Suites Hotel) Massing Model

19 Rendering of New Embassy Suites Hotel

20 Possible Phase 4- Approximate Location of Potential Additional Development Site

21 Proposal would embrace Stratvenue concept and preservation of Eckbo fountains and walkway

22 Location of Eckbo Fountains

23 of poverty. Public/ Private Partnership Needed What Project provides to Community 1. Jobs! Up to 1,000 full time jobs. Helps address unemployment and underlying causes 2. Provides multiple downtown hotels within walking distance of Tucson Convention Center ( TCC ), and located adjacent to modern street car line. 3. Flagging and redevelopment of Hotel Arizona could occur quickly. 4. Hotels act as revenue generator; direct and indirect increases in Tucson tax base. 5. New hotels, apartments/condos and retail uses i.e. grocery store/ pharmacy and restaurants act as a catalyst for downtown development, attract residents and businesses to downtown, and for conventions. 6. Helps retain the Tucson Gem Show and makes larger conventions possible. 7. Adds need anchor development on west side of downtown. 8. No risk to taxpayers and no public backstop. 9. Renovation of existing hotel much less expensive than new construction. 10. Significant capital investment by the private sector. 11. Project triggers spinoff benefits for other properties and businesses.

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