A spot in a multistory parking desk costs upwards of $30,000 per spot. Even if you oversell permits by 2x and assume a 50-year lifespan with no maintenance, that is still $300/yr per parking permit. Why should students who want the exclusive right to leave their property on campus be subsidized by students who take more space/environmentally efficients modes of getting to campus?
>>A spot in a multistory parking desk costs upwards of $30,000 per spot
>for a new parking structure is $21,500 per
That only leaves 8500 to cover land charges, maintenance, and any other costs involved (fitting barriers, terminals, paying for electric) to come in at $30k, so perhaps the cost of pricing a place isn't "much lower".
