Quote:
Originally Posted by OliverD
But then the land owner's revenue for the land is zero. I think the only way that would work is if the owner didn't have to pay property tax while the land was used for public purposes.
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Which might be what is needed. I wouldn't necessarily make it "Free Property" for the owner, but if they turn it over to public green space, then give them a discount and maybe a maintenance perk, up until the owner can get a buyer to use the property. The tax would be an incentive for the owner to find some proper use for it eventually. (And if a city council decides more parking is needed, they could allow some of the lots to be turned to parking space)
The two key elements would be to:
1. Stopping property owners from just tearing down and selling parking spaces.
2. Keeping the property from turning into basically a garbage dump until it is ready to be used for other more appropriate purposes.
The original story I linked has been updated; and permission to turn to a parking lot has been revoked, though the owner could still apply directly.