New Vine Street Parking Lot
At its April 16 meeting, the City Council approved the necessary agreements with US Bank to facilitate the expansion of an existing City parking lot on Vine Street West. The property is needed to construct a larger public parking lot by combining it with existing City-owned property on that block. The parking lot project can now proceed by seeking bids to construct it this summer. The City is also acquiring the lot that contains the walkway just west of the US Bank building. This lot will provide pedestrian access from the parking lot to Broadway Street. The purchase of both properties will cost $200,000.
The purchase agreement includes a development agreement as well as an easement agreement for US Bank’s existing sign along Vine Street West. The development agreement is for the private parking spaces for US Bank that will be constructed off the alley as part of the project. All the parking spaces in the public parking lot are open to anyone to use. It will provide short-term parking on the east side closest to the businesses and longer-term parking on the west side. The easement agreement allows US Bank to have its free-standing sign remain at its current location so long as US Bank, or a successor bank of which US Bank is a part of, is located in the bank building.
The proposed design for the new lot includes 160 off-street parking stalls and 15 on-street parallel parking stalls. Additional features include updated lighting, a trail facility that will connect to the Muckle Trail, infrastructure to allow for future electric vehicle charging stations and a walkway connection to Broadway Street West. Next steps will include:
- Design review by City Staff
- Authorization to proceed from City Council
- Advertising for bids
- City Council consideration of bids received
- Construction
The lot will be constructed in phases to minimize disruptions for on- and off-street parking and traffic. The City has $1.2 million in federally awarded American Recovery Plan Act funds that will be used toward the land transaction, construction and maintenance of the new parking facility.