The move, he told the News in November 1964, “serves a two-fold purpose: It helps rid the city of marginal or non-productive buildings and it will provide additional parking in downtown Lima.” To that end, Gregg, president of Gregg’s department store in the 200 block of North Main Street, announced his company had purchased the four-story Holmes Building, which faced his store from the west side of the street, and planned to raze it and convert the area into a 75-car parking lot. One by one in the mid-1960s, the big department stores like Penney’s, Sears-Roebuck and Montgomery Ward were leaving Lima’s deteriorating, parking-poor downtown for the wide-open spaces of the new suburban malls and shopping centers, and Thomas Gregg was determined to do something about it.
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