The FIFA World Cup is about a month away, but some residents of South Dallas are salivating at the big pay day they could potentially be receiving thanks to what will prove to be a very valuable asset come tournament time: space for parking.
The FIFA Fan Festival at Fair Park is expected to be one of the biggest draws of the tournament for visitors and soccer fans, offering live match broadcasts, concerts, and other events from June 11 to July 19.
During the months-long celebration, parking space will be incredibly hard to find. Nathan Jones, a South Dallas homeowner licensed by the city, offers 10 parking spots in his backyard for any event at Fair Park, including the State Fair.
He told NBC DFW the price to park at his lot depends on the event. For the State Fair, he can charge up to $30. For Texas-OU weekend, up to $100.
But for the World Cup, he said he expects to charge up to $250 a spot!
Jones said, “Since it’s a month-long, that’s a month worth of parking versus us having to wait until the weekend to make our money. We can make money throughout the week, so hopefully we can capitalize."
The city of Dallas is allowing private property owners in the Fair Park designated parking area to apply for a $100 license and charge motorists up to 150% of that fee, meaning the maximum parking price would top out at $250 per vehicle.
FIFA parking license holders must apply by June 3 and pay the $100 license fee in order to be eligible.
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