100 W Franklin St
Tucson, AZ 85701
Block 175 · Land For Sale · 2.02 AC

Quickly becoming the premiere commerce center of Southern Arizona, the attractive mix of favorable demographics, booming development, and an established workforce offered by downtown Tucson have enticed a number of corporate tenants to the growing area. Serving as the hub of government services in the city, the governments and court systems of Pima County and the City of Tucson account for more than 4,000 of the 11,400 employees working downtown. Prompted by this dense employment concentration spread out over 400 active businesses both Caterpillar and Hexagon Mining announced plans to call the area home in 2017, bringing high-wage jobs and nearly 800 additional employees in the coming years. Caterpillar’s new 146,000-square-foot Tucson Mining Center, located approximately one mile southeast of Block 175, will provide an estimated economic impact of $256 million annually through adding 635 jobs with a projected average salary of $90,000. Currently under construction, the center has an estimated completion date of March 2019. Additionally, Hexagon Mining is currently in process of relocating to downtown in the under-construction City Park mixed-use development. City Park will serve as Hexagon Mining’s 26,000-square-foot North American Headquarters, hosting 260 employees at full build-out. Furthermore, the Interstate 10 (I-10) provides convenient access to Tucson’s largest private employer, Raytheon, located less than a 15-minute drive south of Block 175. Raytheon recently announced plans for a major expansion over the next five years, adding nearly 2,000 jobs to its already impressive footprint of more than 11,000 employees.