Local Community Development Corporations

Monday, January 23, 2012

BB&T Purchases City Parking Deck for $1.7 Million; City to Offer Another for Sale




The Winston-Salem Journal reported that the City-Council agreed to sell the publicly-owned underground parking deck at Liberty and 2nd Street to BB&T for $1.7 million.  The Council also decided to offer the parking deck at Cherry and Marshall Street for sale - apparently there is already a $1.9 million offer for that garage.  Sales of the garages will enable the City to sidestep an estimated $4 million in necessary repairs.

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