Tucson Real Estate News

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The Trolley Cometh - Downtown Tucson's Modern Streetcar Is A GO!

Artist's rendering of streetcar going through Tucson's downtownIT'S OFFICIAL!  Tucson's Modern Streetcar in Downtown is a GO!  This morning, the City of Tucson found out that it will receive the $63M from the Federal Government to make the proposed Trolley/Modern Streetcar project a reality. 

The $150M project is being funded through local funds that have been generated for the Regional Transit Authority (RTA) via a sales tax increment approved by voters in 2006, with the U.S. Government putting up their portion through a TIGER Grant.

What this means for Tucson is a real boost to efforts in revitalizing the Downtown Core.  There has been a lot of work going on already - now the Trolley will both serve to enhance and tie-in the University of Arizona, 4th Avenue, Congress Street and the Mercado District.

While there will always be naysayers, my bet is that the same people sniveling right now will be asking for expansion of the routes in 5 years!

Logo from TheTrolleyBell website

Future plans include expansion of the streetcar down Broadway Boulevard - the Downtown Trolley will showcase the core of Tucson & help redefine the heart of our city.  It won't happen overnight, but just hide & watch as it becomes another thing to be proud about "The Old Pueblo" for.

If you want to take advantage of the opportunity, now's the time to jump on - the fare won't be decreasing in future years for real estate along the route!

 

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Specializing in Buyer Representation in the Tucson, Arizona real estate market.

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Comments

Kent, that's great! That will show quite a growth burst, I'm sure! Keep us informed of the construction, etc.

Posted by Don Wixom (RE/MAX Advantage Nampa, ID) 5 months ago

You bet your bippy! I've got quite a bit coming soon about the whole area - stay tuned for some cool stuff about the Mercado District for starters, Don.

Posted by Kent Simpson 520.302.5368 Tucson Homes Land & Investment (Tierra Antigua Realty) 5 months ago

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