Mosaic Quarter lease agreement approved - MSN

T UCSON, Ariz. (13 News) - The Pima County Board of Supervisors on Tuesday approved the more than $1 billion lease for the Mosaic Quarter, which will be built near Kino Sports Complex …

$1
OFF

Mosaic Quarter Lease Agreement Approved - MSN

2 weeks from now

T UCSON, Ariz. (13 News) - The Pima County Board of Supervisors on Tuesday approved the more than $1 billion lease for the Mosaic Quarter, which will be built near Kino Sports Complex …

msn.com

$1
OFF

Mosaic Quarter Lease Agreement Approved - NewsBreak

2 weeks from now

Jul 18, 2024 · TUCSON, Ariz. (13 News) - The Pima County Board of Supervisors on Tuesday approved the more than $1 billion lease for the Mosaic Quarter, which will be built near Kino …

newsbreak.com

$27
OFF

Mosaic Quarter Set To Transform Tucson With 2027 Opening

2 weeks from now

Dec 14, 2024 · Pima County owns the land where the Mosaic Quarter is being developed. Knott says the land lease contract is $27 million for 40 years, which is $675,000 per year.

ktar.com

$8
OFF

Board Approves Leases For Mosaic Quarter Sports/entertainment

2 weeks from now

Mar 5, 2024 · Once completed, Mosaic Quarter Phase 1 is projected to generate $8.3 billion of new local spending in addition to $917.7 million in tax revenue for the State of Arizona, City of …

kvoa.com

$27
OFF

Mosaic Quarter Is Set To Transform Tucson Sports Scene With 2027 ...

2 weeks from now

Dec 30, 2024 · Pima County owns the land where the Mosaic Quarter is being developed. Knott says the land lease contract is $27 million for 40 years, which is $675,000 per year.

azbigmedia.com

FAQs about Mosaic Quarter lease agreement approved - MSN Coupon?

How much will the mosaic quarter cost in Pima County?

T UCSON, Ariz. (13 News) - The Pima County Board of Supervisors on Tuesday approved the more than $1 billion lease for the Mosaic Quarter, which will be built near Kino Sports Complex-South. In the meeting, the supervisors approved a $425 million loan for the complex, which will be paid back over 30 years, amounting to over $1 billion. ...

Where is mosaic quarter in Pima County?

TUCSON, Ariz. (KVOA) — The Pima County Board of Supervisors approved the first phase of leases for Mosaic Quarter, a sports and entertainment complex. THe Board voted 4-0 and the 90-acre facility will be adjacent to the Kino Sports Complex on the north side of I-10. ...

How much money will mosaic quarter phase 1 generate?

Once completed, Mosaic Quarter Phase 1 is projected to generate $8.3 billion of new local spending in addition to $917.7 million in tax revenue for the State of Arizona, City of Tucson, and the Regional Transportation Authority. “We are grateful for Pima County’s support,” said Knott Development CEO Frank Knott. ...

How much money will the mosaic Quarter project pay back?

In the meeting, the supervisors approved a $425 million loan for the complex, which will be paid back over 30 years, amounting to over $1 billion. According to one of the Mosaic Quarter partners, this projects is entirely privately funding, which means none of it will come from taxpayer money. ...

Why is Knott development partnering with mosaic quarter?

Deputy County Administrator Carmine DeBonis Jr., who crafted the agreement with Knott Development, said the Mosaic Quarter public-private partnership protects the County from financial harm if the region were to suffer from economic calamities in the future. The County will receive 55 percent of the project’s cash flow. ...

What will 'mosaic quarter' bring to Tucson?

“Mosaic Quarter at completion will provide hundreds of new jobs and, when combined with the Tucson’s nearby Bridges development, will make the I-10 corridor between I-19 and Country Club Road one of the largest employment centers in metropolitan Tucson. ...