*David Parmley is the president of Chesterfield Hotels Inc. An earlier version of this story misspelled his name.
COLUMBIA — After facing weather-related delays earlier in the year, the Short Street parking garage is set to open Nov. 1 with the adjacent hotel slated to open in March.
The parking garage, located between Walnut Street and Broadway, has seven tiers with a total of 423 parking spaces, which includes 388 permitted spaces, 26 hourly spaces and nine handicap spaces.
On Oct. 7, the Columbia City Council established parking rates for the new facility. The rates are:
- $75 per month for covered spaces.
- $65 per month for uncovered spaces.
- $115 per month for reserved spaces.
A yearly permit rate will be discounted by 5 percent when purchased in groups of five or more by any one individual, business or agency, according to the Columbia Public Works Department.
In July, the city council unanimously passed a bill that increased meter parking costs in the city. The revenue from this price increase was used to fund some of the costs for the garage.
Last year, the Chesterfield Hotels Inc. closed on the property, which includes the Short Street parking garage. The company is in the process of building The Broadway, a Doubletree by Hilton, on the property once occupied by the Regency Hotel.
*"We felt like downtown needed a luxury hotel and our new property will serve as a gateway to downtown and the North Village Arts District," David Parmley, president of Chesterfield Hotels Inc. said on Thursday.
Parmley said he chose the name The Broadway because he didn't want the hotel to be just another "cookie-cutter" Doubletree by Hilton. Constructing a boutique hotel would fit in better with the character of downtown, he said.
In February 2011, the council approved a tax-increment financing for the Regency redevelopment, according to a previous Missourian reporting.
Parmley said he expects construction of The Broadway to wind down in late January, with guests booking rooms starting March 21. The hotel will occupy approximately 100 spaces in the Short Street parking garage.
Once completed, the seven-story hotel will have 114 rooms, lower level meeting space and a rooftop bar and lounge. A restaurant named Eleven Eleven, after the hotel's address, will occupy the lower level.
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