Marquette City Commission approves Vault Marquette parking facility development agreement

The public parking facility would contain 212-spaces and sit beneath the proposed Vault Marquette residential and commercial building.
The agreement sets design, construction and other requirements for the 212-space Vault public parking structure in downtown Marquette.
Published: Apr. 24, 2023 at 8:57 PM EDT
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MARQUETTE, Mich. (WLUC) - The Marquette City Commission unanimously approved the Vault Marquette public parking facility development agreement at Monday’s meeting.

The agreement sets design, construction and other requirements for the 212-space Vault Marquette public parking structure downtown.

It also specifies construction must be done within 40 months of finishing all predevelopment activities.

This parking structure is part of the larger Vault Marquette development plan. This plan includes a residential and commercial building above the parking garage.

Vault Marquette’s development plan says this would contain 92 hotel rooms and 25 housing units.

Related: Next steps for the Vault Marquette proposal after Brownfield approval

Now, Marquette Vault, LLC must prepare the site for construction.

“They have to start their predevelopment site plan activities and preparation to get it ready for construction,” Marquette Assistant City Manager Sean Hobbins said.

The Marquette City Commission, Marquette Vault, LLC and the Marquette Downtown Development Authority still need to reach an operating agreement for the project.

This must happen before construction can begin.

The entire Vault Marquette development would take up one city block in downtown Marquette. Spanning from 101 S Front St to 119 S Lakeshore Blvd.

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