Thursday, January 21, 2010

Coronado Tenants May Be Able To Stay

Posted By on Thu, Jan 21, 2010 at 5:10 PM

Dave Devine, who has been following the sale of Fourth Avenue's Coronado Hotel by the Downtown Tucson Partnership, says he just spoke Albert Elias of the city's Urban Planning and Design Department.

Elias tells Devine that Coronado is now in escrow with a buyer that he did not disclose. But Elias did say the new owner plans to allow the current low-income tenants to remain at the Coronado.