#infrastructure-economics

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#urban-highway-removal #land-value-and-tax-revenue #oakland-development #urban-planning
East Bay (California)
fromThe Oaklandside
1 day ago

How could Oakland raise billions in revenue? New report suggests removing freeways

Urban highways occupy valuable land that generates minimal tax revenue compared to potential development, with Oakland potentially gaining $23.9 billion by removing freeways within three miles of downtown.
LA real estate
fromStreetsblog
1 week ago

New UCLA Report Looks into the High Cost to Build Parking - Streetsblog Los Angeles

Parking spaces cost more to build than new cars, with aboveground spaces averaging $52,000 and underground spaces $73,000, significantly impacting overall construction costs across residential, commercial, and retail projects.
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