Huntsville is gearing up for a solution to its downtown parking problems with a new plan that promises to ease congestion and improve access near the popular Big Spring Park. The City Council recently approved a new agreement that marks a significant step for the CityCentre mixed-use project, set to reshape the downtown landscape.
The approved plan involves the construction of a six-level parking deck that will offer up to 430 parking spaces. This facility will be strategically located next to the forthcoming Moxy Hotel and the existing AC Hotel Huntsville Downtown, which is part of the Marriott hotel chain.
The financial structure of this endeavor includes a commitment from the city to cover about $11 million of the construction costs, while the developer, City Centre IV LLC, will contribute $3 million. This partnership is geared towards ensuring downtown Huntsville can accommodate an increasing number of visitors and residents.
In a bid to maximize usage, the agreement states that the city will lease approximately half of the parking spaces, distributing up to 110 spaces each to both the AC Hotel and Moxy. This arrangement will leave a net of 210 open parking slots available for public use, providing a much-needed relief to those visiting the downtown area.
The plan has been welcomed by local businesses and city officials alike, who see the new parking deck as a vital part of the downtown revitalization efforts. With its strategic location and ample parking availability, downtown Huntsville is poised to become an even more attractive destination for both locals and visitors.
As construction gets underway, anticipation builds for the positive changes this development will bring to the bustling heart of the city. The parking deck is not just a solution; it’s a testament to Huntsville’s growth and a step towards a more accessible downtown experience.
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