Press Release: Parking Garage Construction Begins
(October 13, 2020) The first vertical building at the former California Street parking structure is under construction. Modern Building Company is the contractor for the 6-story, 398 space parking structure which will be accessed via California Street. In a parking license agreement, some parking will be allocated to Shasta College, the anchor tenant of the north tower, with the balance to be public parking. The structure will feature solar panels to convert sunlight into electricity for the Block 7 project.
The temporary project name Block 7 emerged because the former parking structure encompasses seven parcels. The new three-block, mixed-use project will feature parking, housing, commercial, retail and public green spaces. The all-vertical project design is to afford maximum density and vibrancy as part of downtown revitalization. Eventually a new name will be selected that fits the project’s vision.
The project owner is Block 7 Retailers, LLC, a partnership between K2 Development and The McConnell Foundation.
The City of Redding has fully embraced downtown revitalization. “K2 & McConnell are fulfilling their commitment. Parking isn’t glamorous by itself, but it is an essential part of future planning and redevelopment,” said Barry Tippin, city manager. “Public and private parties are working at full tilt to create a downtown that matches Redding’s future potential as a quality place to live, work and play.”
Project Partners: Block 7 Retailers, LLC, the City of Redding, HNA/Pacific, Jessen-Wright Modern Building Company, Modus/Dmarc Studios, and SDS Engineering.
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