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  1. #1

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    Quote Originally Posted by Bham1982 View Post
    Come to think of it, 211 West Fort has like three parking facilities. They have a tenant garage, directly below the building, an on-site surface lot for overflow, and a huge garage across the street.
    ...so if parking was truly what made real estate in downtown Detroit worthwhile then these buildings that you named should be booming, no?

    I don't get Detroit's fascination with parking garages, especially in downtown Detroit. That's gotta be the absolute worse use of space in a region's core.

  2. #2
    Join Date
    Mar 2011
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    5,067

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    Quote Originally Posted by iheartthed View Post
    ...so if parking was truly what made real estate in downtown Detroit worthwhile then these buildings that you named should be booming, no?
    I don't think anything is booming in terms of office space anywhere in MI. My point is that owners think that parking is an essential tenant amenity. It's probably fair to assume that owners have a decent idea of tenant preferences.

  3. #3

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    Quote Originally Posted by Bham1982 View Post
    I don't think anything is booming in terms of office space anywhere in MI. My point is that owners think that parking is an essential tenant amenity. It's probably fair to assume that owners have a decent idea of tenant preferences.
    Well the owner should've bought an office park in the suburbs.

  4. #4

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    Quote Originally Posted by iheartthed View Post
    Well the owner should've bought an office park in the suburbs.
    The owner is a moron if he bought the Penobscot thinking/knowing he desperately needed additional parking, but having no good plan in place to acquire that parking.

  5. #5

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    Those private developers can't do that! We must protest. In Detroit historical stuctures up to 100 years old must be perserved and cannot be demolished. Me must protest. Tie ourselves to that State savings Bank Building until our cries are being heard.

    Let's save that building.

  6. #6

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    Quote Originally Posted by iheartthed View Post
    ...so if parking was truly what made real estate in downtown Detroit worthwhile then these buildings that you named should be booming, no?

    I don't get Detroit's fascination with parking garages, especially in downtown Detroit. That's gotta be the absolute worse use of space in a region's core.
    A parking garage IS better than a surface lot.

    If done right, it can at least protect the street wall [[Greektown garage, Book Cadillac garage, Compuware garage, garage with CVS, etc).

    But what other choice do we have? If TPTB in Detroit refuse to build meaningful mass transit and downtown continues to "boom" as people expect it to, we're going to have to make more room for parking.

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