Archive for Parking Garage

Jul
24

Greenville Hotel and Parking Garage Approved

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Greenville City Council unanimously approved Monday a nearly $12 million appropriation for a parking garage downtown, paving the way for a 125-room hotel and other developments.

Council members approved building a 470-space parking garage at the intersection of Richardson and Washington streets. Council members also approved a development agreement with Greenville Three LLC, an affiliate of Hughes Development Corp., which plans to build a 125-room hotel above the parking structure.

The parking garage is greatly needed, Mayor Knox White said, and is being funded with revenues generated downtown and bond proceeds. The hotel brand has not yet been identified, he added.

The city’s investment, along with $4 million it previously provided to build the nearby public plaza Piazza Bergamo, is expected to generate more than $100 million in private investment, City Manager John Castile estimates.

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Categories : Greenville
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