wait, what?!
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Around what parking costs if you don't subsidize it. Palo Alto's proposed new downtown parking garage would have cost a tad over $100K/space to build, and that ignores the cost of the land: paloaltoonline.com/news/2019… When it's surface parking, fewer spaces on the valuable land.

Plan for downtown garage stalls

Palo Alto's multiyear effort to build a new downtown garage took a unexpected turn Monday night, when the City Council backed away from its earlier plan to construct the six-story structure on a...

paloaltoonline.com
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Replying to @davidbaron @gregwhitworth
Or another analogy: here's a parcel of land in suburban Palo Alto, not particularly near anything. It just sold for $3.8M (presumably for teardown) and the lot is 9147 ft². That might hold (optimistically) 34 spaces, or $111K/space for surface parking.
L. David Baron @dbaron@w3c.social @davidbaron
16 May 2020
Replying to @richtechexec
If you've walked around that neighborhood (which I have), you'd know that many older houses there get torn down and redeveloped into something bigger. $3.8M is the teardown value of that parcel; it would probably be the same if there were a shack on it.

Jun 17, 2020 · 5:58 PM UTC

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Replying to @davidbaron @gregwhitworth
I figured 34 spaces based on Table 3 in section 18.54.070 of the Palo Alto Municipal code, assuming 60-degree angle parking with an 8.5 foot stall width (the minimum), using columns H and C of the table. 9147 / 55 / 9.8 is about 17 spaces on each side in a lot that's 55x166 ft.
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