In 2016, the Downtown Task Force considered 5 locations for a parking garage and recommended 3 Lincoln Street as the best location for the City’s first garage. In addition, Desmond evaluated three locations in a parking study and also recommended this site as the best location.
This space was selected for several reasons:
- The property is already City-owned.
- Current parking needs will not be disrupted during construction.
- A garage in this location is most likely to attract development in the surrounding properties, bringing in new tax dollars.
- No existing buildings need to be torn down to build the structure.
In addition to the parking garage, the City has entered into an agreement with BE Fitler, LLC to redevelop the 3 Lincoln Street property. The developers have proposed to establish development sites on either side of the space reserved for the proposed parking garage. The developers will seek to incorporate a mixture of residential, retail, office, hospitality, education and service uses with the proposed parking structure, RiverWalk, and riverside park to create an economically vibrant, urban-style mixed use destination. The latest rendering for 3 Lincoln Street is shown below.