Comment 111202

By kevlahan (registered) | Posted April 29, 2015 at 12:35:12 in reply to Comment 111201

The 2010 Metrolinx BCA specifically identified the extremely low downtown parking rates (monthly rates much less than taking the the bus!) as a problem that needed to be addressed. They also advised that Main should be converted to two way.

Provided the City does not interfere by protecting surface parking, there is some hope that LRT and general growth in development will eat up most of the surface parking lots downtown and supply and demand will increase parking rates to more reasonable levels. The only good thing about all the surface parking is that it means there is an unusually large amount of available land downtown that can be re-developed in a TOD way.

Comment edited by kevlahan on 2015-04-29 12:39:59

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