(10-14-2024, 12:15 AM)plam Wrote:(10-08-2024, 08:30 PM)Vojnik_Vahaj Wrote: I wish my school would just shell out the money to build a structured parking garage and reforest or build even more residences on the rest of the land. The sea of parking is such a waste of space.
It is, but also structured parking garages are extremely expensive. We do have, like, one in Uptown and some on Kitchener, but I wonder what the economics are. Anyway I really don't see any funds going into construction of parking garages by universities at the moment.
just a little note: parking garages are expensive mostly because by comparison, surface parking is insanely cheap (for the property owner, not for the city + tax base that has to suffer the opportunity cost of that kind of land use)
For the local experts out there, does UW have any special property tax exemptions since they are a bit of a special land user or do they pay it just like everyone else?
local cambridge weirdo