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Sacramento has a ton of city owned parking garages near the new arena which are typically empty in the evening. The city contributed $212 million to the arena
by nitelord 10y ago
Sacramento has a ton of city owned parking garages near the new arena which are typically empty in the evening. The city contributed $212 million to the arena based on future increased parking revenue generated from events at the arena.
I've been to several events this year at the Golden1 Center and have spent no more than $10 on parking for the evening. The city did use this as an excuse to increase meter rates and extend hours, but it's only $0.50/hr more.