Chicago parking meters up for sale, but Johnson urged to proceed carefully on potential buy-back

Source WBEZ
Original Load Date Jan. 19, 2026, 4:01 p.m.
Last Updated Jan. 19, 2026, 4:01 p.m.
Original URL https://www.wbez.org/government-politics/2026/01/19/chicago-parking-meters-up-for-sale-johnson-buy-back

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Nearly two decades after a $1.15 billion deal privatized Chicago’s parking meters, a window has opened to seize the valuable asset back from private investors. Mayor Brandon Johnson’s administration is at least exploring the idea. But the mere discussion of the multi-billion acquisition raises more...