The City of Tucson has sold one of downtown's more distinctive structures.
Madden Media is buying the triangle-shaped MacArthur building on Toole Avenue for $1.7 million.
The deal was at an impasse last month on the issue of parking. The city originally did not include a lot with the building until a recent move allowed the future tenants to use a nearby parking lot.
That sealed the deal for Kevin Madden, chief executive officer for Madden Media, who believes the historic 1907 building will have lots to offer to the company's creative employees.
"Kevin Madden never wavered from his commitment to coming downtown," says Councilwoman Nina Trasoff, chair of the downtown subcommittee of the Council. "He and his staff will bring so much to downtown and downtown will offer so much to them."