"A new parking strategy for uptown Waterloo includes paid on-street parking and up to three new parking garages.
One of the garages could be built at Caroline Street South and Willis Way by 2013 at a cost of $18.7 million. It could have up to 750 spaces."
D: Everybody likely noticed the new buildings built by the Market Square.I kept asking what that would do to parking.
Apparently, it means
1) private parking is lost
2) the tax base - your money - is used to subsidize this private parking loss.
I got a question:
The garage might open the way for a Westin luxury hotel in the core.
D: this is an example of a private profit-based company making use of externalizing the negative cost of parking.
I'm not against a hotel - I'm just against them off-loading the cost of parking.
If they want to build a hotel, they can build the parking too.
D: it's funny. We can afford to cover a vast swathe of land with asphalt.
But public transit initiatives are expensive!
D.
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