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Staff to renegotiate Courthouse Plaza Level 3 sublease after low utilization during Main/Winooski work

3722377 · February 24, 2025
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Summary

DPW will reopen negotiations to reduce the number of leased spaces in the Courthouse Plaza Level 3 parking sublease; utilization has averaged about half capacity due in part to the Main and Winooski intersection closure, and staff recommended seeking a smaller, cheaper agreement through October construction season

Department of Public Works staff informed the committee they will restart negotiations to reduce the city’s sublease of 85 spaces on Level 3 of the Courthouse Plaza parking garage because utilization has fallen during nearby construction.

Staff reported average peak daily transactions of roughly 70 at the 85‑space lot and occupancy that on good months was about half full; usage has fallen further while the Main Street and Winooski Avenue intersection has been closed for construction. The current…

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