Business incentive district grows

2013-09-27T16:25:00Z 2013-09-27T21:11:06Z Business incentive district growsBy Darren DaRonco Arizona Daily Star Arizona Daily Star
September 27, 2013 4:25 pm  • 

Business help lines weren’t the only economic news coming out of the city this week.

The City Council unanimously voted to triple in size the boundaries of the downtown business incentive district, from 140 acres to 430 acres.

The previous boundaries, which ran from Toole Avenue to Meyer Avenue and St. Mary’s Road to Cushing Street, amounted to a trial run of sorts.

“They picked the east side as a way to see if we can get this area popping first,” said Chris Kaselemis, director of the city’s Economic Initiatives Program.

And pop it did.

In the first first 12 months, the city identified about $12.8 million in business incentives for seven projects.

The new boundaries now extend mostly west and southwest with some parts reaching as far as Grande Avenue.

Kaselemis said the city is working on a plan to apply the incentives throughout Tucson.

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