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.
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.