The longstanding adult entertainment venue, "Nude, Nude, Nudes," closed its doors last month.
Construction on WallyPark gets underway next month.
City leaders and nearby business owners are thrilled.
They say the club was an eyesore and brought a seedy element into the neighborhood.
WallyPark is one of the largest independent parking companies in the U.S.
WallyPark provides a variety of services including auto detailing, window tinting, gas refueling, oil changes, special member programs, and a frequent parker program.
City News Service contributed to this report.