Old Pueblo Grille
has been purchased
The Old Pueblo Grille on North Alvernon Way has new owners.
The restaurant was seized by a U.S. Bankruptcy Court judge and closed earlier this year as part of owner Bob McMahon’s 2014 Chapter 11 bankruptcy.
The sale was finalized Friday, said Pat Darcy of Tucson Realty & Trust Co., who represented the buyer, HSL 60 N Alvernon LLC, in the $1.2 million purchase.
He said HSL plans to keep it a restaurant. The seller was listed as 60 N Alvernon LLC.
Home sales flatten, prices up in Tucson
Tucson-area home sales were essentially flat in July, while prices nudged upward, according to the latest figures from the Tucson Association of Realtors Multiple Listing Service.
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Total unit sales of listed homes fell slightly to 1,470 in July, but were running 25 percent ahead of last year, the Realtors said.
The average sale price declined 4 percent from June, at $220,570 in July, while last month’s average was up 2.6 percent from July 2014.
The median home sale price — a measure that reduces the effect of very low and very high sale prices — rose about 1 percent in July and was nearly 3 percent above the median a year earlier.
New listings fell 10.7 percent from June, while total active listings of 4,798 represented a 3.9 percent decrease from June. The average number of days listed homes are on the market increased to 61 in July from 60 in June, the Realtors said.
Wright House plans: weddings and tours
PHOENIX — Early plans for a Frank Lloyd Wright-designed house in the Arcadia neighborhood envision the home as a visitors’ destination, including a shaded garden and underground education center for tours, performances and weddings.
Site maps and a list of property uses submitted to the city are the first official look at how the owner of the David and Gladys Wright House intends to open it to the public.
Wright designed the house for his son and daughter-in-law. After the couple died the house was sold without historic protection.
Staff and wire reports
