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Downtown development project to begin in Spring 2005

The redevelopment and revitalization of downtown Springfield got a big boost at the weekly City Council luncheon Tuesday September 7th when plans for a multi-use retail,entertainment, and parking complex were announced. Mike Smith has the story:

Movie goers who live south of center city will soon have the option of taking a shorter drive to find a first run flick to attend, as plans for a mixed use retail, entertainment, and parking complex in downtown Springfield were announced Tuesday.

Developer Scott Tillman and Architect Tim Rosenbury presented to Council, plans for the "College Station" development project, which will include a six screed first run movie theater, restrurants, and retail space housed within what city officials call "and urban entertainment complex".

Mary Lilly Smith, the Economic Development Director for the City of springfield, says College Station will be constructed west of Campbell Avenue, between Olive and McDainel Streets. The City of Springfield will, at fair market value, sell the property to Scott Tillman, and the proceeds from that sale, as well as the creation of a transportation improvement district, and a chapter 353 re-development plan for property tax abatement will go toward the development of a 3 story parking deck above 43,000 square feet of first floor commercial space for smaller retailers.

Tillman Re-development will pay the city around $450,000

for the tract of land. The parking deck is expected to cose nearly 5 million dollars.

College Station will be connected by raised walkway to the proposed Heers Tower parking deck, which will bring to 1000, the total number of new parking spaces in the downtown area.

For KSMU News, I'm Mike Smith.