Construction crews began pouring concrete Monday for the four exterior walls of a three-story underground parking garage at the CentrePointe development.
The three-story garage is slated for the space. It will have more than 700 spaces and will cost $38 million to build. Plans also call for a hotel, apartment complex and extended stay hotel, office building, restaurant and retail space to be built on top of the garage.
The Webb Companies, the developers, have said they are using private financing to build the garage for the long-stalled project that includes an entire downtown city block. Bonds issued by the Kentucky League of Cities may still be used to help pay for the garage, the developers have said. The development has met with many delays since buildings on the block bordered by Main, Vine, Upper and Limestone streets were torn down in 2008.
The Webbs recently resumed control of the development after a group of new investors backed out of the project in February.
Dudley Webb of the Webb Cos., said in early April that Hunt Construction crews were using high-powered spray washers to clean the exterior walls of the garage. Next, crews applied a series of treatments — including a substance that looks like a swimming pool liner — so concrete can be poured for the four walls.
The three-story underground parking garage's walls are nearly 34 feet tall.
The garage will take approximately 8 to 10 months to complete, Webb said in April.