Developers wanted: Phoenix seeks bids to transform downtown garage

The city of Phoenix is planning to release a request for proposals for redevelopment of the parking garage next to the Hyatt Regency. / Yelp / The Hyatt Regency

 

The item will be before City Council for discussion in March

By Corina Vanek | Phoenix Business Journal

A downtown Phoenix parking garage could soon be redeveloped into a mixed-use project.

The city of Phoenix is preparing a request for proposals for redevelopment of the Regency garage on First and Adams streets.

“Directly across from our world-class convention center is a parking garage,” said Christine Mackay, the community and economic development director for the city of Phoenix. “This is a highly underutilized site. It seems like the perfect site, right in the epicenter, to drive development downtown.”

Mackay said her department is planning to go before City Council by the end of March to issue the request for proposals, which will be open for 60 days once it is issued.

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