So the Tribune Review as an article today remarking on the deteriorated parking structures the Parking Authority owns.
What is most interesting to us is the brief statement by the Authority’s Director, Dave Onorato:
The authority this year earmarked $4.8 million for maintenance and repairs, Onorato said, but he said it’s not enough to undo 50 years of wear and not even close to covering the average cost of building a parking structure, which experts say is about $18,000 per parking space.
@erok: funny, but not really fair. You still have to bolt it to something. A bicycle-only parking garage would be far cheaper than an automobile parking garage, but still a good deal more than $30/bike. How much did that facility in DC cost?
Structured parking is unbelievably expensive. A surface lot can average around $10,000… that’s just your average asphalt ocean kind of thing. Underground parking structures are great, in that they preserve space above ground for more productive uses of the land, but are typically twice as expensive as these above-ground garages.
But no, let’s let people drive downtown from the suburbs and charge fifty cents a day.