Wednesday, October 16, 2013

Parking and the gentrification of food

In San Francisco, underground parking costs anywhere from $80,000 to $100,000 per space to construct. In the proposed supermarket at 555 Fulton Street, the 77 spaces proposed underneath the store will cost anywhere from $6.1 million to $7.7 million to build. That's millions that will be passed on to a grocery store tenant and ultimately to shoppers. And that's just to build, not operate, the parking. This adds more burden to the already tight pocketbooks in a gentrifying city like San Francisco.
STREET FIGHT - San Francisco Bay Guardian

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