If I were a betting man, LCG will get stuck with this WAY before the 99 year lease is completed.
There’s not enough volume of folks willing to pay to park their cars, walk their dogs, and such.
The lie of private funding has long been busted, government grants already being tapped.
From my limited utilization of Moncus Park, the parking lot is full each time I go. If paid-parking wasn't initially part of their budget, then I'd hope they are generating enough funds to plug any holes. It is a very nice public space, a nice attraction for the city to have besides restaurants and automatic car washes.
Nope, parking fees were not in original plan. Nor were the dog park fees.
https://www.katc.com/news/lafayette-...esidents-upset
That speaks volumes for the future.
The plan was flawed from the beginning. It was almost like the planned for it to fail. I had a beautiful layout for a subdivision on the property with commercial in the front. The property would have been a revenue PRODUCER. I reckon it will be a revenue drainer befor too long.
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