WOODBRIDGE, Va. — What’s the going rate to rent a parking space these days? At Virginia’s Railway Express’ Rippon station, it’s $42.10 per space.
The commuter railroad today extended a contract to keep 320 spaces at the popular commuter station for another three years, at a cost of $162,000. The additional spaces are located on land owned by the Kettler land development firm and are a temporary solution help to ease overcrowding at the station and are necessary until a permanent parking garage is built, states information provided by VRE.
This is one-year agreement is between VRE and Kettler, and a VRE statement said the price per space is comparable to current market value, and that Kettler has an option to increase the rent cost by 2 % if the agreement is extended.
Last month, the same VRE Operations Board that approved this measure also approved an agreement with Prince William County to allow pedestrians to pass through the Rippon station to gain access to the nearby Featherstone Wildlife Refuge.
