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Marconi Garage To Be Redeveloped After Nationwide Realty Purchase

Marconi Garage To Be Redeveloped After Nationwide Realty Purchase

Parking may get worse before it gets better. Nationwide Realty purchased the downtown Marconi Garage for $4.3 million.

The purchase was a “strategic investment” according to Tina Guegold in an email to Bizjournals.

Marconi garage was a crumbling eyesore in the middle of downtown and had recently halted operations after little notice. The 650-space parking garage will sit in limbo as Nationwide Realty decides what to do with the building.

“Short-term, we are exploring the possibility of repairing the existing structure,” Guegold said to Bizjournals. “It’s too soon to say whether that will be feasible.”

According to a former operator, the building was in disrepair and had even received a “failure to maintain” notice from the City.

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