Boston seeks bids for downtown parking garage to raise cash for reasonably priced housing
Boston is seeking bids for the sale of a downtown parking garage in the hopes of getting new funding for cost-effective housing. The metropolis is seeking to offer the 159,123-square-foot parking garage Lafayette Garage close to Downtown Crossing.”The sale of the Lafayette Garage will provide a unique possibility to invest in cost-effective housing in the metropolis,” Mayor Marty Walsh reported in a assertion. “Those people investments will advantage the people in our neighborhood who have to have it the most.”Boston put in $8 million on renovating the 1980 framework again in 2015. It has parking spaces for 1,029 cars. The objective is to have it remain a parking garage just after the sale. Proposals are because of to be submitted to the city by March 8.
Boston is looking for bids for the sale of a downtown parking garage in the hopes of obtaining new funding for economical housing.
The metropolis is making an attempt to provide the 159,123-sq.-foot parking garage Lafayette Garage close to Downtown Crossing.
“The sale of the Lafayette Garage will supply a one of a kind option to invest in inexpensive housing in the city,” Mayor Marty Walsh explained in a statement. “These investments will advantage the residents in our group who need it the most.”
Boston used $8 million on renovating the 1980 framework again in 2015. It has parking spaces for 1,029 vehicles.
The goal is to have it continue to be a parking garage following the sale.
Proposals are because of to be submitted to the city by March 8.
