CitCo Wants to Turn Abandoned Lots into Parking Areas

Mayor Wagner expects the Belize City Council to recoup the money spent on the new parking lot within two and a half years. He also highlighted the need for more parking lots around Belize City, seeing it as a great opportunity for the Council to generate significant revenue. Wagner suggested that abandoned lots could be transformed into safe parking areas.

 

Bernard Wagner, Mayor, Belize City

“Based on our projections, we could earn revenues in the neighborhood of $4.5 per week. And so, if you quantify that across a month, you’re looking at close to $18,000 and over an year, you’re looking at close to $200,000 in revenue from this parking facility. If we do 10 of these all across the city, you could do the math, but we need the collaboration with the ministry of natural resources. We did an exercise where we identified 40 abandoned lots in the city and we had, um, sent that to the ministry to have them see how they could acquire those abandoned lots, um, to turn them from just being nuisance to society and turn them into productive spaces.”