Quote Originally Posted by BrushStart View Post
Merchant's Row is an anomaly for Detroit. In fact, I believe it is the only parking structure like that in Detroit, with elevators to move cars instead of ramps.

Chicago is a completely different story, and yes, of course I've been there. Space is at a premium in Chicago. In Detroit, we have huge open lots with which to build parking structures. That small space where the Metropolitan and Wurlitzer sit would not make for a viable for a parking garage, and I would not expect it to ever become one. It will either be a building or another asphalt lot.
I wasn't referring to "The Lofts at Merchant's Row" parking garage, I was referring to Merchant's Row in general and the typical size of the buildings. In Chicago, winding garages are crammed into some pretty tight spaces. If a developer wants one, he can find a way to do it. However, this doesn't change the fact that these buildings are in quite decrepit shape, and financial viability is the furthest thing from certain.