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Should REDI anchor parking garage floor?
Regional Economic Development Inc. is considering whether to move back downtown and become the anchor tenant on the ground floor of the city parking garage that’s in the early stages of construction.
REDI President Mike Brooks and City Manager Bill Watkins discussed the concept during the City Council’s winter retreat on Saturday. Brooks said REDI assigned a task force to study the option.
Other aspects of the concept are to encourage the University of Missouri to set up a small business development office below the parking structure, making it an incubator for startups, and move the city parking office there from the basement of the Howard Building.
The parking garage at Sixth and Walnut streets was designed to have seven stories of parking and a ground floor with office and retail space. The city wanted to bring in a private developer to finish the interior construction on the 13,000-square-foot ground floor and sublease the space for commercial tenants. However, no one bid on the city’s proposal.
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