Let’s make 2012 the breakthrough year for the commencement of a robust redevelopment of Tucson’s downtown. Cities nationwide have found ways to build attractive and functional urban cores. Tucson can, too. There are several obvious reasons why a vibrant downtown is critical to our city.

2011 was a year in which more of the region’s landlords, prospective sellers and lenders reset their expectations, coming to terms with the protracted timeline for economic recovery. Pricing--both for sale and for lease--followed suit, adjusting to current market conditions.