Durham County Commissioners Approve Plan To Build Parking Deck For Downtown Redevelopment
Posted May 21, 2000 7:00 a.m. EDT
DURHAM — Support continues to build for downtown Durham'sAmerican Tobacco redevelopment project.
Capitol Broadcasting Company, parent company of WRAL-TV, has proposed transforming the historic Durham landmark into an office and retail development.
Monday night, county commissioners unanimously voted to move forward with plans to build a parking deck to support the complex. Their resolution followed a public hearing with positive comments.
"The American Tobacco complex is a vital cog in the redevelopment of downtown to become our downtown southern gateway," says Durham realtor Joel Kostyu. "The parking lot additions are the lynchpins of that cog."
The $200 million American Tobacco project calls for about $40 million in taxpayer-funded parking. The city and county of Durham would split that cost.