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San Diego Approves 52-Year Zoo Lease Extension Tied to $347.6MM in Projected Parking Revenue

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Statue at San Diego Zoo
Photo by Andreas Haubold on Unsplash
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A new revenue-sharing agreement links the Zoo's long-term occupancy of 124 acres in Balboa Park to the City's paid parking program, generating guaranteed annual payments and a split of gross parking income through 2078. The San Diego City Council on March 9 approved a second amendment to the San Diego Zoo's lease in Balboa Park, […]

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