Sunday, 29 April 2012

Downtown Cleveland parking tightens up due to casino, other projects, but experts see no shortage

 

Downtown Cleveland parking tightens up due to casino, other projects, but experts see no shortage

HUNTSVILLE, Alabama -- The City of Huntsville has now spent about $28 million laying the groundwork for a massive, Department of Defense-oriented office park near Gate 9 of Redstone Arsenal.

Reed Contracting Services is being paid $5.

The $1 billion office park will eventually include 52 buildings for Army employees and defense contractors, two hotels, restaurants, stores and an academic campus surrounding Gate 9.

Huntsville Finance Director Randy Taylor quotations Redstone Gateway will generate $275 million in new property and sales taxes for the city over the 35-year life of the development agreement.

Davis said the city has only two major contracts left to award in the first phase: demolition of a former Huntsville Utilities substation, and final grading for a five-acre lake.

Davis said Jim Wilson iates of Montgomery is handling the retail area.

Christopher was also awarded a $254,288 contract to install the water lines serving Market Street.

"They're getting very close to getting some deals going and selecting the first hotel tenant," he said Thursday.

Downtown Cleveland parking tightens up due to casino, other projects, but experts see no shortage



Trade News selected by Local Linkup on 29/04/2012

 

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