Posted September 15, 2013
Downtown Tucson has seen record development over the past sixty months, recently hitting the milestone of over 150 new businesses and private projects in the heart of the city. Downtown is helping to lead Southern Arizona economic recovery, with thousands of new jobs created and increased sales tax revenue being reinvested in the community. Local small business owners and high-tech industry projects comprise a majority of this investment.
According to data recently compiled by the Downtown Tucson Partnership, the city center has seen 34 new restaurants, 27 retail shops, 12 new art and cultural projects, 14 offices, nine health and wellness centers, at least nine high-tech businesses or business incubators, eight housing projects,six bars or nightclubs, five bakeries, two coffee shops, two salons, two schools, one craft brewery, one entertainment venue expansion and one hospitality renovation since 2008.