I don't understand why CLE would tear down a 2,600 parking space garage when parking was tight, and then later try to buy two lots with a total of 6,100 spaces for $56.7 million. I understand not constructing two new floors as that is probably costly, but when will the city actually break even? This deal has the city paying $9295.08 per space. Both lots are owned by the same company. FastTrack charges a $10.00 daily rate per space, Park Place charges a $9.00 daily rate per space. If the city charged $10.00 per space and had every space filled it would take 929 days to break even without any additional spots, however there are still improvements to make, wages to pay, and shuttles to run.