Birmingham Economic Development Partners: Difference between revisions
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==Parking decks== | ==Parking decks== | ||
* [[Birmingham Parking Authority Deck 3]] | * [[Birmingham Parking Authority Deck 3]] (1,371 spaces), 401 [[20th Street North]] | ||
* [[Birmingham Parking Authority Deck 4]] | * [[Birmingham Parking Authority Deck 4]] (673 spaces), 2128 [[4th Avenue North]], | ||
* [[Birmingham Parking Authority Deck 5]] | * [[Birmingham Parking Authority Deck 5]] (408 spaces), 2012 [[5th Avenue North]] | ||
* [[Birmingham Parking Authority Deck 6]] | * [[Birmingham Parking Authority Deck 6]] (638 spaces), 2010 [[2nd Avenue North]] | ||
* [[Birmingham Parking Authority Deck 7]] | * [[Birmingham Parking Authority Deck 7]] (1,607 spaces), 509 [[17th Street North]] | ||
* [[Birmingham Parking Authority Deck 8]] | * [[Birmingham Parking Authority Deck 8]] (1,114 spaces), 2021 [[3rd Avenue South]] | ||
==References== | ==References== | ||
Revision as of 10:05, 28 October 2020
Birmingham Economic Development Partners LLC is a private company founded in 2020 which made an offer to purchase six public parking decks built and operated by the Birmingham Parking Authority.
The company, headed by Shipt founder Bill Smith, made the unsolicited offer of $40,375,000 to the City of Birmingham in October 2020. Smith stated that the group would invest another $10 million to upgrade the facilities and update parking technology. The company would also honor existing parking contracts at the same rates for at least two years, and keep all existing employees.
If approved, the sale would leave BPA to manage Birmingham Parking Authority Deck 2 adjacent to Boutwell Auditorium, as well as two privately-owned decks under contract, and several surface parking lots. Mayor Randall Woodfin supported the proposed sale as a way to offset the city's revenue shortfall from the 2020 Coronavirus pandemic, and potentially re-hire some of the 158 Birmingham Public Library staff on furlough. According to him, the revenues from property taxes alone would nearly make up for the loss of net revenues from BPA's operation of the decks.
The BPA's board of directors criticized the proposal as "short-sighted," and warned that the blow would leave the authority without enough capital to continue operating.
Parking decks
- Birmingham Parking Authority Deck 3 (1,371 spaces), 401 20th Street North
- Birmingham Parking Authority Deck 4 (673 spaces), 2128 4th Avenue North,
- Birmingham Parking Authority Deck 5 (408 spaces), 2012 5th Avenue North
- Birmingham Parking Authority Deck 6 (638 spaces), 2010 2nd Avenue North
- Birmingham Parking Authority Deck 7 (1,607 spaces), 509 17th Street North
- Birmingham Parking Authority Deck 8 (1,114 spaces), 2021 3rd Avenue South
References
- Prickett, Sam (October 22, 2020) "Woodfin Says Sale of Parking Decks Would Lessen COVID-19’s Economic Damage." BirminghamWatch
- Johnson, Roy S. (October 22, 2020) "Will proposed sale of parking decks save library jobs, speed neighborhood revitalization?" The Birmingham News
- Coker, Angel (October 26, 2020) "Birmingham Parking Authority responds to potential sale of downtown decks." Birmingham Business Journal
- Coker, Angel (October 27, 2020) "Bill Smith talks plans for downtown parking decks if city approves sale." Birmingham Business Journal