Economic problems in 2008 and 2009 put a hold on "The Commons" project, a collaboration between the city of Medford and Lithia Motors. The project, one of the largest undertaken in downtown in recent years, aims to provide more parking, recreation, and commerce to the area. Before the work stopped, the Greyhound Bus depot was moved and $850,000 was spent replacing water lines. The Commons is anchored by the new corporate headquarters of Lithia Motors, Inc. (NYSE: LAD). Included in The Commons are two public park blocks slated to be informal public gathering areas as well as an area for special events such as the farmer's market. Ground breaking for the project was April 22, 2011, with a Phase 1 completion date of 2012.