Empire Parking Garage construction
Unless something is done soon, the city of Billings Parking Division, which had reserves of more than $1 million a year ago, will be in the hole by the summer of 2013.
Cars are parked at the top level of the new section of the Park 2 garage Wednesday.
The city Parking Division is paying almost $500,000 a year to finance the debt on this addition to the Park 2 garage, which opened in 2007.
The Downtown Billings Partnership is looking for a developer interested in buying into a city of Billings parking garage that will be built on Montana Avenue.
Downtown Billings Partnership has issued a request for proposals, offering to sell condominium space for retail, commercial or residential development in what will be known as the Empire Garage.