Parking garages are expensive. You can spend $30,000 to build a space… At $50 a game you’d pay it off in 7.5 seasons, not controlling for maintenance and operating costs.
Now the trend is to build entertainment districts around venues… Which creates more revenue per square foot, so you’ll start to see more garages going up.
Why dod they not build a 3-4 story parking garage around the stadium? The area of the parking loy ia greater than the stadium itself.
Parking garages are expensive. You can spend $30,000 to build a space… At $50 a game you’d pay it off in 7.5 seasons, not controlling for maintenance and operating costs.
Now the trend is to build entertainment districts around venues… Which creates more revenue per square foot, so you’ll start to see more garages going up.