The 97 winners of a new lottery won’t get any money; they’ll win the chance to pay a monthly rate for a few square metres of open space.
A street-level view of 351 Water Street, under construction by East Coast Properties in downtown
St. John’s. — File photo by Keith Gosse/The Telegram
East Port Properties on Tuesday launched a lottery for 97 spaces in the parking garage of its under-development 351 Water Street project.
The City of St. John’s has leased more than 200 of the 445 parking spaces, including the 97 to be distributed by the lottery after the mid-March application deadline. The remaining 148 of the city’s leased spots — St. John’s made a one-time $5.1-million payment to East Port to lease the spots for 50 years — will be open to the public daily.
John Lindsay, president of East Port Properties, said the city was concerned that making the monthly parking spots available on a first-come, first-served basis wouldn’t be fair.
“The first-come, first-served would always be open to the question that somebody had some inside knowledge or inside advantage,” he said.
“They wanted it to be very transparent and fair and random as to who got them, so we came up with the lottery as the best approach.”
Lottery applications can be filled out online at threefiftyone.ca/parkinglottery/ until March 14.
East Port will hold a live draw online to determine the winners of the spots and the order of the waiting list; early Tuesday, Lindsay said more than a hundred lottery applications had already been submitted.
Winners will have to pay; East Port has proposed a monthly rate of $205, including HST. The daily rate for the public will be $2 for 30 minutes — outdoor parking metres charge 75 cents for 30 minutes — to a daily maximum of $15 per day.
Coun. Bernard Davis said the lottery is a first for the city, which approved the lottery at its Monday night meeting.
“Part of the whole process of the partnership was that we’d have first right of refusal if their proposal was either not cost-effective for residents or wasn’t meeting the criteria of giving people the ability to avail of these monthly parking spaces,” said Davis, who said East Port will ensure no one gets more than one spot.