Blewett lot parking garage P3 exploration
City of LeavenworthWashington- Detected
- Jul 28, 2026
- 96 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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THE 30-SECOND BRIEF
During the June 30, 2026 retreat, staff reported the Blewett lot parking garage concept is estimated at about $45 million, beyond what a revenue bond alone can cover. Council showed strong interest in a public-private partnership model where a private developer builds a mixed-use structure (parking, commercial, workforce housing) on city land and agreed to pause the current final design contract with ARC while this is explored. P3 advisors, developers, and financing consultants have a window to shape the concept, value capture approach, and risk allocation before the city re-launches design or issues a formal RFQ/RFP.
A separate Transpo Group parking code and fee-in-lieu analysis plus ARC’s 2026 garage feasibility study inform this project; council wants to avoid overusing bonding capacity.
From the meeting
- Meeting date
- July 28, 2026
- Agency
- City of Leavenworth
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