REDDING, Calif. - A downtown Redding parking structure is slowly being demolished to make way for affordable housing and a retail complex called Block 7.
The complex first got approval from the Redding City Council on Sept. 30.
The project will cost $67 million, money which will come from state grants, private financing, federal and state tax credits, developer equity and a city development loan.
As of Nov. 11, half of the parking structure is blocked off to be demolished first.
Some people living in Redding are excited about the new development.
"It's good to see that they're finally starting to bring some business here and all that. This place needs a good shot in the arm," said John Zolenger.
Zolenger, said that he thinks some people are not going to be happy if they lose too much parking.
Business owners, like Adam Ward and Bart Hauptman of Final Draft Brewing Company, are cautiously optimistic about the parking structure coming down.
"When they see they can't park in the structure, where can they park? As long as they can find that with relative ease, I think that could smooth things out a lot," said Hauptman.
Construction in the downtown area will decrease the available parking spots from 640.
The organization that is backing this construction, the McConnell Foundation, says that these missing spots will be eventually replaced by 425-500 additional parking spaces.
The other half of the parking structure will close once the project starts to develop.