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Council discusses Aspen Street lot as potential parking structure site amid Campus Corner development interest
Summary
Council members and staff discussed leasing, parking validation, and potential vertical parking or TIF-related redevelopment for the Aspen Street lot near Campus Corner; staff said market interest exists and the city could pursue a parking structure or lease arrangements tied to future development.
Council members and staff discussed possible short- and long-term uses for the Aspen Street parking lot near Campus Corner during the Sept. 25 Community Planning and Transportation Committee meeting, including short-term leases, validation programs, and the possibility of a parking structure tied to a Center City tax increment financing (TIF) strategy.
The mayor and council members heard that the lot is underused much of the year but is heavily used for game-day activities; staff said Campus Corner merchants currently lease some game-day spaces for vendors. Staff reported interest from a development group and said a meeting with that group was scheduled for the week following the…
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