· Context
LGC recommends selling the garage's retail section for $1.9 million
The LGC board recommended that the council approve a contract to sell the commercial section of the downtown parking garage on South Buchanan, including 22,000 square feet of retail space, to Llano Group, LLC for $1.9 million. Council consideration was scheduled for September 12, 2023, with a target closing of January 28, 2024.[1]
Andrew FreemanAmarillo Local Government Corporation (LGC)
What the sources say
- ✓ Verified
The LGC board recommended selling the garage's commercial section, including 22,000 square feet of retail space, to Llano Group, LLC for $1.9 million; council consideration was set for September 12, 2023 and closing targeted for January 28, 2024.[1]
- Price
- $1,900,000
- Retail sqft
- 22,000
- ✓ Verified
Andrew Freeman, Deputy City Manager: Deputy City Manager Andrew Freeman said, 'This is an opportunity to get a private sector developer involved.'[1]