Regency Remodeling Proposed

1 decade 1 year 5 days ago Thursday, October 11 2007 Oct 11, 2007 Thursday, October 11, 2007 12:14:30 AM CDT October 11, 2007 in News

The owners of the Regency said they want a 300-spot parking garage, and a new six-story Hyatt Place Hotel to be built on the current site.

However, there is still a long way to go before we see any bulldozers at the site. The Regency Hotel, built in the mid-1960s, lies in the heart of busy downtown Columbia.

If a proposed remodeling plan gets approval, the area will be even busier. Regency owners want to sell their two parking lots just to the north, a total of about 30,000 square feet, to the city, which would then build a 300-spot parking garage.

This would be a dream come true to Hannah Zimmerman, who lives just a few feet from the current parking lots.

"Benefits would be, they're not parking in our parking lot, because a lot of times these fill up and they park by my house," she said. "And I don't see any real consequences. There will be more traffic on the weekends, but that's fine."

The new hotel will cost around $16 million, with the parking garage estimated at $7 million. According to Regency co-owner Michael Ebert, the hotel would then lease about a hundred spots for a 50-year period, leaving the rest for public parking.

Ebert wants to acquire a Transportation Development District, or a T.D.D., which would authorize a sales tax increase on money spent at the new hotel. Some residents say the plan is definitely worth it.

"The downtown area is really developing very nicely, so I think this would be a good addition to the overall ambiance and atmosphere downtown," downtown employee Mike Chippendale said.

Ebert said he expects to spend the next two to three months finalizing building plans and working with the city to hammer out the remaining details of the project.

And after that gets done, he said it will take them about 15 months to complete construction.

More News

Grid
List
(CNN) -- House forecast: Democrats will win 228 seats (and the House majority) while Republicans will win just 207 seats.... More >>
5 minutes ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 10:18:31 AM CDT October 16, 2018 in News
COLUMBIA - A Boonville man will spend the next decade in prison after pleading guilty to a deadly 2017 shooting.... More >>
9 minutes ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 10:13:46 AM CDT October 16, 2018 in News
CALIFORNIA - A former employee in the Russellville and California school districts pleaded guilty Friday to having sexual contact with... More >>
1 hour ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:43:00 AM CDT October 16, 2018 in News
ST. LOUIS (AP) — Water levels on the Mississippi River are dropping north of St. Louis after high waters forced... More >>
1 hour ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:38:00 AM CDT October 16, 2018 in News
COLUMBIA - A man will spend the next nine years in prison after pleading guilty to a deadly November 2017... More >>
1 hour ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:37:36 AM CDT October 16, 2018 in News
JEFFERSON CITY - The Missouri State Treasurer’s Office put out a warning monday about a tax scam attempt. According... More >>
2 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:12:00 AM CDT October 16, 2018 in News
ST. LOUIS (AP) — Authorities have charged a suburban St. Louis man with stabbing a woman 17 times after catching... More >>
2 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:06:00 AM CDT October 16, 2018 in News
JEFFERSON CITY - The state Capitol building is set to receive interior upgrades after the Missouri Capitol Commission met with... More >>
2 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 7:38:00 AM CDT October 16, 2018 in Top Stories
ST. LOUIS (AP) — Authorities say a suspect in two deadly St. Louis shootings has been linked to a third.... More >>
3 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 7:14:33 AM CDT October 16, 2018 in News
PANAMA CITY, Fla. (AP) — Joanne Garone Behnke has replayed every possible scenario in her mind a hundred times. ... More >>
13 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 8:44:00 PM CDT October 15, 2018 in News
COLUMBIA- Columbia Public School's out-of-school suspension rates for black students is double the rate of out-of-school suspensions given to white... More >>
14 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 8:06:00 PM CDT October 15, 2018 in News
(AP) - Two companies facing multiple lawsuits over a summer tourist boat accident in Missouri that killed 17 people have... More >>
14 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 7:24:00 PM CDT October 15, 2018 in News
(CNN) - A federal judge has dismissed adult film star Stormy Daniels' defamation lawsuit against President Donald Trump. Daniels... More >>
15 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 6:57:00 PM CDT October 15, 2018 in News
MEXICO - A Mexico teenager faces 27 counts of child sexual abuse. Probable cause documents allege 17-year-old Chandler Douse... More >>
15 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 6:39:00 PM CDT October 15, 2018 in News
COLUMBIA - The Columbia City Council is looking into a way to decrease oil and grease storage on city streets... More >>
15 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 6:35:00 PM CDT October 15, 2018 in News
FULTON - Two Columbia residents were taken into custody at a traffic stop Monday charged with the possession and distribution... More >>
16 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 5:27:00 PM CDT October 15, 2018 in News
COLUMBIA - The Columbia City Council is talking about building two roundabouts on Nifong Boulevard in an attempt to reduce... More >>
18 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 3:35:00 PM CDT October 15, 2018 in News
(CNN) - Former Senate Intelligence Committee staff member James Wolfe pleaded guilty Monday to one count of lying to the... More >>
18 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 3:31:00 PM CDT October 15, 2018 in News
Columbia, MO
Broken Clouds 42°
11am 49°
12pm 52°
1pm 55°
2pm 56°