Caliber Hospitality is developing a 125‐bed hotel in the east parking lot of the recently remodeled Tucson Convention Center. Caliber’s development also includes a new parking garage to serve the hotel and downtown and increases available parking for TCC events. The Rio Nuevo Board is working with Caliber to develop terms that would provide for the developer to be rebated a portion of their state sales tax (TIF) that Rio Nuevo receives.

As of June 2018 zoning of the project has been approved, Caliber has retained an architect and the project is moving forward.

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