City Officials May Seek to Buy Four Parking Lots
To ease the parking shortage downtown, city officials have proposed buying four parking lots, three of which the city now leases.
The plan, which goes before the council Tuesday, calls for Manager Ken Frank to approach the owners of four downtown parking lots to see if they are interested in selling, and at what price.
The city leases two of the lots on Ocean Avenue and another on Broadway for a total of more than $61,000. Those leases expire in two years.
“Other than the Glenneyre parking structure, which is under construction now, we don’t have anything coming on line,” said Rob Clark, assistant to the city manager. “We felt that we can’t let those spaces go.”
Construction to turn the 92-space Glenneyre Street parking lot into a two-level 216-space parking structure is scheduled to be completed in June.
City officials also have proposed that the City Council consider buying an 80-space lot on Forest Avenue near City Hall. The lot is part of the nearby Lumber Yard shopping mall but surrounded by city land. Theoretically, Clark said, the city could build a parking structure that would satisfy the mall’s requirements and add downtown parking space.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
