Downtown Parking to Hotel Redo
Key Questions
What is the Downtown Parking to Hotel Redo project?
Lots 4 and 8 are slated for a $433 million hotel and office development by 2029, following pandemic-related delays. The project includes construction of a new Lot 5 garage and a shift to valet parking. The city council approved an amended deal on March 24.
When is the hotel and office project expected to be completed?
The project is targeted for completion by 2029. It faced delays due to the pandemic but has moved forward with recent council approval.
What parking changes are part of the project?
The development includes a new Lot 5 garage. It also involves swapping existing parking for valet services.
Lots 4&8 set for $433M hotel/office project by 2029 post-pandemic delay; includes new Lot 5 garage, valet parking swap. Council approved amended deal March 24.
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Updated Apr 20, 2026