Quote:
Originally Posted by luckylilly
Instead of all the single car parking lots that are behind the shops in the town squares, why not put in high-rise parking garages. It certainly would hold 6 to 8 times the number of cars. Leave the on street parking to handicap only &/or golf carts. Many times I take a pass on things going on in the squares simply because I get tired of cruising the streets looking for a place to park. If curtailed parking is a means of crowd control. it's working.
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Parking garages can cost from $10,000 to $30;000 per parking space.
500 spaces = $5 to $15 million -- Any takers???
In the final analysis this venue was created because the "Family" wanted it.
It will never operate at a profit and will require constant subsidies.
We are very fortunate to be in a place where the Developer is willing to share some of the profits and is culturally sensitive.