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Springfield, Missouri |
September 19, 2003 |
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NEW DEVELOPMENTS
BRING $26 MILLION IN
INVESTMENT TO DOWNTOWN SPRINGFIELD |
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An innovative collection of funding sources have made possible a new
exposition center and parking facility that are changing the face of
downtown Springfield. The $16
million expo center combines state and local TIFs with funding from
a community improvement district to provide a 140,000 square-foot
facility expected to bring conventions and trade shows to
Springfield.
The five-deck parking facility was
funded by the community improvement district in combination with
state and federal monies. Revenue will also be generated by fees
from the 975 parking spaces to finance the total project cost of $10
million. |
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The projects are the newest additions to
Jordan Valley Park, which began in 2001 with the opening of an $8
million recreational ice facility. In all, over $100 million in
public and private resources will be invested in the area in the
next few years. |
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Visit us at
www.business4springfield.com for additional information
regarding developments and data on the Springfield area. |
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If you can not read
all of this email please visit this web address
www.business4springfield.com/news |
