The Erie Downtown Development Corporation (EDDC) cut the ribbon on its newly built parking garage on Tuesday morning. 

The parking garage is located on 5th & Peach St., where the former McDonald's was located. The new six-story addition will have 312 parking spaces. 

Daily spaces will be open and available for the public, and those who are interested in monthly rentals should reach out to the EDDC. 

The EDDC said the addition of this new parking garage helps to alleviate existing parking concerns for all the new businesses, new residential units, new amenities, and new programming being developed by the EDDC.