Apparently the old-school hip-hop tune was wrong: white lines do do it, especially if they’re scribed on a pricey piece of asphalt.
Like, say, 14 East Main in Bricktown, which is up for sale for a startling five million dollars. Or maybe not so startling, given this description:
This is perhaps the most important parking lot in Bricktown. The lot, which is situated in the center of one of Bricktown’s most vibrant blocks, is invaluable as it services a number of surrounding buildings and accomodates hundreds of customers seeking event parking. While the lot boasts great income today, it could be redeveloped to accommodate a much needed parking garage that could potentially even have apartments on top of it. Bricktown has long had a reputation of being parking deficient.
I have indeed parked in this lot several times, and it’s a handy location, though I’ve never felt that Bricktown, or any particular location in and around downtown, was actually lacking in parking space. On the other hand, I’m not one of those hypersuburban types who feels that a space within 30 feet of the front door is his birthright. (Several such are floating in front of the Belle Isle Walmart even as we speak.)
And the price tag isn’t as ominous as it looks, judging by the comps: the parking lot on the Canal (100 East California) changed hands five years ago for just shy of $4.9 million. Not bad for five-eighths of an acre.
I just wonder how much it would cost to slap a parking garage on top of this slab — and whether anyone would willingly live over it.