Quote Originally Posted by detroitbob View Post
The Hudson garage is now history as construction has commenced on the block. That is going to tighten thing up. DG bought the Buhl Bldg and Garage so that covers his need to shift people from one lot to the available Buhl garage. Parking is cheaper than Chicago's LOOP but not by a lot in the core CBD.
I agree, and as more of Gilbert’s developments come online parking will be in even shorter supply south of Grand Circus Park.

That being said, Olympia owns a whole sea of parking north of Grand Circus, which truly isn’t that far of a walk away. And I don’t doubt for a second that if CBD parking supply went down and prices went up, people would start using the Olympia lots more for daytime work use, as Olympia would have no problem taking the money.

It just means there will still be plenty of supply for parking. And simple economics dictate that if supply is high, prices will stay down.