Pittsburgh to Privatize City Parking Garages

The Pittsburgh Business Times reports that the Pittsburgh City Council has approved a five-year fiscal recovery plan that includes a section authorizing the privatization of the City’s parking garages. Sounds like they’re learning some lessons from Chicago, which privatized four downtown parking garages in a $563 million deal in 2006.

More details to come on Pittsburgh’s plans as they’re available.

Leonard Gilroy is vice president of government reform at Reason Foundation and senior managing director of Reason's Pension Integrity Project.