New Business Models for Parking Areas.

Promoting Entrepreneurial Revolution

As I biked this morning to Antipolo Church, I noticed that the municipal parking lot was finished.  However the parking lot does not look like a parking lot;  it looked more like a mall.  It all started with glorietta and the greenbelt parking.  Maybe, in order to maximize the income from the parking lot, and to serve those who just arrive, and those who have impulse buying, so that chauffers can eat, the additional food stalls were placed in the the parking areas.

In the case of Shangrila, they discovered that the drivers to shopping are the parking areas.  So therefore the high end food tenants and shopping areas were placed in the 5th and 6th floor adjacent to the the parking areas (and the mrt terminals.  that is another story)

And so the new megamall parking areas in front now are parking areas with malls;   a new business model.  It is not just a parking area.  They would not be spending millions just to accommodate cars;  they want you to buy buy buy....