The City of Brockton is proposing to construct a much needed 414 space public parking garage to support existing businesses and spur additional economic development in downtown Brockton. The City is also proposing downtown vehicular circulation improvements which include a new street connecting Petronelli Way and Court Street, and the conversion of Petronelli Way to accommodate two-way traffic. The newly constructed garage and associated street improvements will facilitate a new parking management plan (in line with the recently commissioned Brockton Parking Study) and free up existing surface lots for redevelopment in line with the Downtown Action Strategy plan. With these infrastructure improvements, the City will be primed to help existing downtown businesses thrive as well as enticing new business growth in the downtown, spurring additional economic development.
The garage will be the catalyst for further growth in the downtown by allowing the City to consolidate parking in one central location. This will free up other surface lots for redevelopment described in the downtown action strategy. The City will own the garage and the parcel of land on which it sits. The City will operate, manage, and maintain the garage and retain all associated revenues.
Parking in the new 414 space facility will be utilized as follows: 200 commercial spaces for both new and existing downtown businesses; 55 residential spaces for residential units at Enterprise Center; and 159 public spaces for daily parkers patronizing downtown businesses.
The circulation improvements proposed as part of this project – new street and two-way Petronelli – will be the first step in the process to turn Main Street back into a two-way street. The garage and infrastructure improvements will be an example of a successful public private partnership. this is beneficial to the future redevelopment of the City as others may look to partner in similar manner. Showing that the City has successful PPP experience will go a long way towards attracting additional private sector investment.
Additionally, a proposed shared use parking agreement will allow for spaces in the garage to be utilized during non-business hours to spur increased development of dining, arts, and entertainment venues in the downtown. The garage will help to activate downtown nightlife allowing the City to begin offering a multitude of live/work/play opportunities. The total development cost for this project is $17 million.