Well, it’s official: Tucson will become the home of World View, a space exploration company that uses balloons and capsules to carry passengers into low orbit. The Pima County Board of Supervisors approved a deal to put $15 million Certificates of Participation towards building a manufacturing and office center for the space company just south of the Tucson International Airport. But this leads to an important question: where is this generosity and support for local startups? Read the full article here and share your thoughts with us!
Marcus Engineering, a Tucson-based electrical and software engineering firm, is expanding into 5,000 SF at 2440 N Coyote Dr. This is more than double the size of their current office, giving them space for up to 15 additional employees. Tango Commercial congratulates Patrick Marcus and wishes him and the company continued success!
Read the full article here.
The Pima County Board of Supervisors is discussing a plan to finance $15 million for World View, a travel company that carries manned capsules into low space orbit. If this financing plan is approved, Pima County stands to bring in $23.6 million over a 20-year term. This isn’t new territory for Pima County, with similar deals having been made with Ventana Medical Systems, HomeGoods, and Accelerate Diagnostics. While some view these deals as a step in the right direction to bring large corporations to Tucson, others are concerned about the county taking on a great amount of debt. Is space travel the right industry for Pima County to bring to Tucson? Read the full article here.
Congratulations to Creative Machines for their recent expansion! Click here to read about their new 75,000sf headquarters located at 4001 E Irvington.