DaveKCMO wrote:WoodDraw wrote:Couldn't they make the money by charging for parking? Or at least a reasonable amount? Like, why free?
Garages aren't profitable because of the initial cost + operating overhead. That's why they're often incentivized, municipally owned/managed, or dedicated to one user who can cover the losses.
Here's the city manager's response to how it would be paid for (sort of a non-answer): https://twitter.com/KCMOManager/status/ ... 2156352513
I guess I'm still stuck on the free part. I won't pretend to be an expert on the the economics of parking garages, but I hope this gets due diligence.