City of Tucson Central Business District

Mayor and Council adopted Tucson’s Central Business District by Resolution 21883 on April 17, 2012, and renewed the CBD for an additional 10 years in September 2020. On June 22, 2021, the Mayor and Council approved modifications to the Central Business District boundary, and adopted a new GPLET Policy Framework to help us achieve community objectives through this incentive tool.

Arizona State statute grants the City of Tucson authority to abate property tax for up to eight years if a property is located within a designated Central Business District (CBD) and meets other specific criteria. This tool is called the Government Property Lease Excise Tax, or GPLET, and it allows the City to facilitate the development, and redevelopment, of real property in the CBD by providing a financial incentive to projects that would not be economically feasible but for the value realized through the property tax abatement.

Click the link below to read the full report detailing the City’s modifications to the Central Business District.