Greenville Hopes Parking Garage Brings More Development To Downt - WSPA.com

Greenville Hopes Parking Garage Brings More Development To Downtown

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The parking garage will go up at Washington and Richardson Streets. The parking garage will go up at Washington and Richardson Streets.
GREENVILLE, S.C. -

A new parking garage has been approved for downtown Greenville, but they're hoping it does more than just provide a place to park.

The new facility will be located at the corner of Washington Street and Richardson Street a block off of Main Street.

The garage will feature a 150 room hotel on top and offer commercial space to rent.

It will hold 470 parking spaces that will hold the same rates as other city run garages.

The project comes with a price tag of $11,800,000 that will come from several funds.

- $3,657,000 will come from the Downtown Infrastructure Fund

-$1,408,000 will come from the Parking Fund

-$1,229,000 from the Local Accommodations Tax Fund

-$350,000 from the Sunday Alcohol Permits Fund

-$48,000 from the Hospitality Tax Fund

Council has to approve a final reading for $6,692,000 to be used a pay-as-you-go fund. 

The rest of the money will be allocated later in the year.

The city hopes that this building will spur development on that block of Washington Street.

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