Watertown Developer Wants Piece Of $10M For Parking, PreservationPosted: Updated:
The Paddock Arcade has stood on Public Square since 1850 and developer Don Coon has owned the property for 12 years.
Now, he wants to make some proposed adjustments for a grand total of $700,000.
One thing about the arcade - there's no heat or air-conditioning in the common areas.
"Heating, ventilation and air-conditioning in this area. As you know, there are many events here. When it gets to be 20 below zero, that's a little tough," said Coon.
Tough for businesses in the arcade. However, Johnny D's owner Robyn Bartlett says her restaurant has a plan if this proposal gets approved.
"If the floors get heated as they're proposed, we'll be able to put tables out in the arcade and that would expand our dining - it would double the size of our dining area," she said.
Coon also wants to build a new elevator, renovate apartments and install a glass roof in the arcade.
Not only does Coon hope to work on the Paddock Arcade as part of the downtown revitalization initiative, he's also put a proposal in for a brand new parking structure on Stone Street and that is just adjacent to the Paddock Arcade.
The proposed $2.5 million parking garage would include 270 total spots for business tenants to park on the weekdays and open to the public on weeknights and weekends.
"When you have a business or any other type of operation, you want to know that when you leave that you're not going to have to come back and drive around the block three times for a parking space," said Coon.
Coon says if approved, his proposals will take time and work, but one thing remains true: his mission is to bring traffic to downtown Watertown. Comfortably, of course.