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Developers ask Royal Oak to reserve up to 81 monthly parking passes for planned Lafayette high‑rise; commission directs staff to negotiate
Summary
Developer representatives asked the Royal Oak City Commission to authorize staff to negotiate a 15‑year reservation of up to 81 monthly passes in the South Lafayette parking structure for a proposed 10‑story building; commissioners agreed to let staff negotiate terms but signaled preference for a lower guaranteed number.
A developer seeking to build a 10‑story mixed‑use building at 505 South Lafayette asked Royal Oak commissioners on July 14 to authorize staff to negotiate a 15‑year agreement reserving up to 81 monthly parking passes in the South Lafayette parking structure.
City staff said the South Lafayette deck has 483 spaces and that usage of monthly passes…
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