At its Oct. 19 meeting, at Vice Mayor Kelly Kirschner’s suggestion, the City Commission will discuss acquiring a vacant plot of land at Palm Avenue and Ringling Boulevard to use for public parking. It’s a possibility, although not a strong one, that the lot could replace the Palm Avenue parking garage.
“Surface parking is preferred to garage parking,” Kirschner said. “If we can get nearly the same amount of parking spaces as the garage, we should look into it.”
M&I Bank owns the vacant land and has asked real-estate broker Ian Black to negotiate a deal to lease the property to the city. The bank is also offering the city 300 unused parking spaces in its garage.
“It would be one-tenth the cost of the (Palm Avenue) garage,” said Kirschner.
No firm price was disclosed, but Black said the space could be leased for $5,000 per month. The city is currently requesting bids for construction of the Palm Avenue garage, but cost estimates are about $8 million.
“Not many people think $8 million for a garage and attached retail is a good idea at this time,” Black said.
“The parking need the garage is based on is from five years ago. It’s not necessary now.”
City Manager Bob Bartolotta said real-estate brokers have offered the city the M&I property two or three times before. He doesn’t think that it would be a replacement for the Palm Avenue garage, because it’s further away from Main Street than the proposed garage.
“It could possibly be used in addition to the garage,” Bartolotta said.
Black said he’s afraid building the garage on Palm Avenue will devalue the property, because it’s only utilizing a portion of the available land there. He said previous development proposals, such as the conference center/hotel/garage project from Githler Development, are much better suited to that property, because they would use all of the available space.
“It’s like putting a prefab home on the waterfront,” he said.
Currently 0 Responses
27 Daughters For Life Gala Luncheon
11:30 am - 1:30 pm
27 Friday Fish Fry Dinner
5:00 pm - 8:00 pm
27 Free Soul Yoga class
5:30 pm - 6:30 pm
28 Free A'quarel Paint Playday for the kids
10:00 am - 4:00 pm
Do the hop
When the curious students at the Forty Carrots Family Center checked on their class garden, they noticed something moving in the mulch.
Taking love to new heights
The sky was the actual limit for the vow renewal of Ed and Dora Sementelli Saturday, at Autumn of Sarasota.
All grown pup
On Jan. 29, guide dog Sotheby walked across the Van Wezel Performing Arts Hall stage to receive his diploma as a Southeastern Guide Dog graduate with his new handler, Ginny Eichholz.