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Downtown Amarillo's impressive re-investment numbers
Posted: 03.30.2009 at 5:12 PM
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Over 46 million dollars have bee re-invested into downtown Amarillo

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AMARILLO, TEXAS -- Here is some encouraging news about downtown Amarillo. The amount of money re-invested in downtown Amarillo over the past 3 years is over the 46 million dollar mark.

The numbers reflect both private and public projects, and are based on building permits. The numbers are being crunched as a part of the reporting process for Amarillo's main street program.

Now this is not a complete list of all of the projects and doesn't include the amounts invested but it will definitely catch your eye.

An example of a public project would be the Potter County courthouse restoration.

A large portion of the dollar amount given comes from the Globe News Center for performing arts, one of the few projects actually constructed from the ground up.

3 different loft and apartment projects: The Renaissance lofts, the Fillmore lofts, and the Parkview apartments.

Restaurants like Napolis, Acapulcos, and the Crush wine bar and deli.

Amarillo National bank has renovated their drive in location on 10th and Taylor, and has also developed the parking plaza and heart of Amarillo park.

The city of Amarillo will be using the old Atmos call center for city offices.

The Chase Tower has also benefited, the lobby area has been revamped with a new coffee shop, and virtually all of the floors have been renovated including 2 floors for West Texas A & M university.

The former citi bank location at 4th and Polk has been renovated into a Bank of America branch with a new facade.

The 1st Baptist church street scape project will transform Tyler street coming into downtown.

The old bank of America building which will now be home to Happy state bank and will also house the new offices of McCormick Advertising.

Martin Tipton Pharmacy moved locations and also put in new facades.

Again this was not a complete list of all the projects from the past three years in downtown, but it gives a good cross section of what is included in the 46 million dollar amount re-invested in downtown Amarillo.

"I think for us the numbers are significant because that is an important amount of money and it shows that downtown is a place where people want to locate, people vote with their time and money and if they're investing in downtown it shows that we have a strong downtown," said Beth Duke of Center City.

"We're just trying to use these numbers to reflect the confidence that investors have in investing in downtown," said Duke.

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