Love Park Garage Sale Finalized for $29.6M

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    NEWSLETTERS

    PBJ file photo
    The underground garage is at 15th and Arch streets in Philadelphia.

    Philadelphia has closed on the sale of the parking garage at Love Park for $29.6 million.

    InterPark of Chicago bought the garage that sits under JFK Plaza at 15th and Arch streets.It has 810 spaces.

    Management of the facility will be handled by LAZ Parking, which will replace all the existing personnel represented by the Teamsters, said the Philadelphia Parking Authority in a statement.

    Read the full story on PBJ.com.