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BART Turns Vacant Parking Into Revenue Amid Ridership Decline
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BART Turns Vacant Parking Into Revenue Amid Ridership Decline
BART is turning unused parking into a new revenue stream, generating about $6 million since the pandemic by leasing underutilized spaces to local businesses. To help offset a projected $376 million operating deficit by fiscal year 2027—largely driven by reduced ridership from remote work—the agency has begun renting select parking lots to non-BART users. Businesses can lease spaces for employee or fleet parking, and a new online portal now makes…
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