MEDFORD, Ore. — A new construction project in Medford has officials hoping it will anchor the downtown area, and provide a boost to the economy. Developers broke ground on the project Friday afternoon.
Over the next year, the parking garage on West Main and Fir Streets will undergo a big change. It’s going to be turned into the headquarters for three local companies, and it’s going to provide space for new businesses to move into downtown Medford.
The project is called “One West Main,” and earlier Friday, city leaders held a groundbreaking ceremony for the site. The parking garage will be converted over the next year, and the four story building will house the offices for Pacific Retirement Services, Pro-Care, and Rogue Disposal.
The first floor of the building will be used for new shops and restaurants. Medford Mayor Gary Wheeler says the project was several years in the making, and he feels the building will be a hub to draw more people to the downtown area.
“This has what they call a ‘halo effect’ or a ‘ripple effect’, it goes out to the surrounding businesses, and people will come in and look to maybe expand their business or develop a new one in the area,” said Mayor Wheeler.
Mayor Wheeler says the project should not have a major impact on parking, he said the building design will include much of the existing parking garage, and the new structure will be built around the outside.