Downtowns all over the country just excreted a brick.
Every day I pass a large parking lot that belongs to a local volunteer fire department. It has several hundred spaces and sits right next to a light rail stop for the train that goes downtown. They sell permits for all-day parking and it was always PACKED.
Since COVID hit you’re lucky to see 10 cars parked there.
It is not generating any revenue for them so they’ve put the lot up for sale.
Once it’s sold and something gets built there the parking is gone forever.
There is no reverse button on this.
the same downtowns that all across the country are subjected to rampant homelessness and looting rioters.