New Parking Garage on the Way to Downtown Midland - KWES NewsWest 9 / Midland, Odessa, Big Spring, TX: newswest9.com |

New Parking Garage on the Way to Downtown Midland

MIDLAND, TX (KWES) -

A new parking garage will be built in the Tall City soon.

City officials approved a resolution at their meeting on Tuesday which will give a $4 million interest-free forgivable loan to Concho for the garage.

The money will be provided by a quarter-cent tax from the Midland Development Corporation.

Concho has agreed to lease at least 200 of the 375 parking spaces to the public.

The company will be allowed to use 77 parking spaces in the Wall Street Lofts garage while the new building is being constructed.

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