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Downtown Detroit is about to get a significant infusion of new parking spaces.
Cobo Center is planning $9.5 million worth of parking structure projects that will give it another 550 parking spaces, reports Sherri Welch of Crain's Detroit Business.
Welch reports:
The Detroit Regional Convention Facility Authority which oversees Cobo Center feels there enough demand to make it worthwhile, General Manager Claude Molinari said.
"As it is, we lease less than half of our spaces because we're a convention center," he said. "We could lease all of our spaces and still not meet the current demand."
Events including the North American International Auto Show, the Society of Automotive Engineers annual conference and Detroit Autorama are desperate for parking, and Cobo has a long waiting list for midweek commuter parking.
"First and foremost we have to have parking for our guests ... but part of our goal where appropriate is to maximize revenue to offset tax money that supports this building by leasing parking spaces to commuters."
