We have used this space on multiple occasions in the past to advocate for more Tyson Events Center parking spaces.
Meeting the need for additional parking is, we believe, crucial to the future of our community's signature entertainment venue. Lack of parking became a more-acute problem due to increased competition from the Pinnacle Bank Arena, which opened in Lincoln, Nebraska, in 2013, and the Denny Sanford Premier Center, which opened in Sioux Falls, South Dakota, in 2014.
In October, the City Council voted for private management of Tyson by Philadelphia-based Spectra. In our view, more parking only will enhance efforts by Spectra to produce a new era of even greater success for this building.
To these ends, we look forward to hearing more about what appears to be a promising proposal for expansion of Tyson parking involving the public and private sectors.
If approved by the City Council, the city of Sioux City will partner with private investors on an $11 million project involving construction of a multi-story parking/commercial structure in an empty lot owned by the city at the corner of Third and Pearl streets.
According to a Wednesday Journal story, local leaders envision the structure would provide parking for Tyson, Hard Rock Hotel & Casino and the nearby Historic Pearl Street District.
According to The Journal story by staff writer Ian Richardson, a formal presentation by staff to the council about the parking/commercial development proposal is planned for sometime within the next 30 to 60 days.
Because Tyson is important to local quality of life and quality of life is important to economic growth and prosperity, we commend the continued local focus on a strategy for long-term Tyson strength.
Parking is a significant consideration for event ticketholders at any venue, so we believe expansion of parking must be part of the blueprint for Tyson's future. If the city's share of the cost is reasonable and balanced by private investment, this project sounds like an ideal solution for the Tyson parking challenge.