Economic brake felt by downtown parking company
The company that provides free and low-cost parking for downtown saw lower revenue for the second year in a row, according to officials who spoke at the company's recent annual meeting. "This is sort of a new experience for us," said Charlottesville Parking Center manager Bob Stroh, pointing to daily parkers declining from a high of 717,000 in 2006 to about 552,000 in 2008. Said Stroh, "I consider a two percent decline in this economy to be a pretty favorable outcome." He also noted at the March 26 meeting that the owner of the under-construction Landmark Hotel wants to terminate its lease for spaces in the Water Street Deck. "We're probably not too interested in doing that," said Stroh, "but we may be interested in negotiating."