Peach and Providence at 44 E. Broadway
Tucson, Arizona, July 27, 2010 – TREO announces today that Tucson-based Providence Service Corporation
(PRSC-NASDAQ) has acquired the 30,000 square foot, four-story building at 44 East Broadway, adjacent to its new
corporate headquarters. Providence will occupy the second floor, lease out the third floor and is working with Peach
Properties to develop six residential lofts with rooftop decks on the top floor. Providence and Peach are also
remodeling the adjacent building, built in 1915 as the Graham Brother’s Truck Garage. There will be an interior
breezeway through the three formerly boarded up structures and new facades restored to their historical appearance.
“Our staff is thrilled to be downtown,” said Fletcher McCusker, Providence Chairman and CEO. “We walk everywhere,
bike to work, and are involved in every aspect of downtown life from the museums to the theatres to helping organize
entertainment. The new building will allow us to consolidate our IT functions, save multiple leases and secure adjacent
parking for our employees.” The 44 East Broadway purchase will add 50 jobs downtown, bringing the total Providence
employment in Tucson to 400 (100 downtown).
Providence has been very active in downtown Tucson since March when McCusker announced the company’s intent
to locate its corporate headquarters at Scott and Broadway, across the street from Unisource’s new corporate
headquarters. McCusker has since become one of TREO’s Chairman’s Circle members and will represent TREO on
the Downtown Tucson Partnership board.
“Urban Renaissance is a key component of the Economic Blueprint and momentum is building, led by private sector
entrepreneurs (big and small) who are investing private money into downtown urban redevelopment. The block will
now showcase two Tucson-based public companies, two blocks of restaurant and retail space anchored by a streetcar
stop. This private sector momentum is critical to downtown success,” said Joe Snell, president & CEO, TREO.
“This represents yet another great step forward towards the goal of activating the downtown area. Fletcher McCusker
and Providence Corporation are truly ‘making a difference’ in and for our community,” said Steve Kozachik, Ward 6
Council Member, City of Tucson.


