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Out of curiosity, what does Chicago's yearly parking revenue look like? (Not doubting that they made a bad deal, just curious.)


$150 million in 2023, $160 million in 2024. But before the 2008 deal, only ~$20 million. (All numbers from https://www.nbcchicago.com/news/local/chicago-parking-meters... .)


> $150 million in 2023, $160 million in 2024. But before the 2008 deal, only ~$20 million.

Someone who read this comment but not the article could assume this was because demand increased unexpectedly. But someone interviewed for the article said the company increased rates and required payment where it was not required before.


The company they leased it has already made their money back




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