TROY — According to city officials, the city of Troy is seeking to purchase three properties on Mulberry Street to expand parking for the East Main Street area.
Council as a whole approved the three property purchases during a meeting on Aug. 31. The properties include 9 S. Mulberry St., 15 S. Mulberry St., and 24 S. Mulberry St. The combined total for all three properties is $230,000.
Directory of public service and safety Patrick Titterington said the properties are being purchased to increase parking downtown.
“Overall, we have a need to increase parking spots downtown,” Titterington said via email. “We can demolish these buildings, create parking spots, move the police department’s parking east of their building, and free up spots for the public in the lot behind the police department.”
Titterington said demolition and design is tentatively set for 2016, with possible construction in 2016 or 2017 depending upon funding availability.
All three properties are set to be demolished and combined into parking areas in 2016-2017. Titterington said the city approached the property owners to purchase the properties.
According to the Miami County Auditor’s site, the total market value of all three properties is $169,400: 9 N. Mulberry St. address total market value is $66,100; 15 S. Mulberry St. total market value is $27,500; and 24 S. Mulberry St.’s total market value is listed at $75,800.
Titterington said the city’s parking concerns are in the core quadrant areas. Titterington said the three properties on Mulberry Street will create more access behind the police department to provide incentives for employees to park in new parking areas to free up space for shopping, dining and clients.
Council will review the recommendation at Tuesday’s council meeting at 7 p.m. at City Hall.
Reach Melanie Yingst at email@example.com or follow her on Twitter @Troydailynews