Madison Lot Redevelopment Project

Below is the presentation made at the Special Meeting of the Parking Authority on March 29, 2016.
Investments & Grants
The Madison Parking Lot project was made possible through the initial land transfer by council to the Parking Authority and the result is a $51 million investment by a private company in combination with $2.5 million in grants with the promise of more.
Projects
Through that we make significant progress on the Liberty Trail, we get the Skate Park that has been on the back burner for years, a public gathering place, a police kiosk along with high end apartments and retail. 

A Destination for Work & Play
All of this gives our downtown the greater promise to be a destination for work and play. This is affirmed by the latest information from the County Comprehensive Planning process that states: “redevelopment and infill is still intensifying; most places are becoming mixed use and…..apartments are hot!”