KCM Desk

KCM Desk

The KCM Desk is the research and editorial operation behind Keep Chicagoland Moving, a publication of TAK Marketing, LLC. It's a desk, not a person: coverage is produced through intensive Chicago-focused research across public data, agency documents, and local reporting, then reviewed and edited before it publishes. How we work, in detail: keepchicagolandmoving.com/methodology/

Chicago’s Parking-Meter Deal, From the Documents: $1.15 Billion Up Front in 2009, $161 Million in True-Up Payments Through 2024 — and the Owners Have Agreed to Sell

Parking pay station on a downtown Chicago street

The parking-meter concession read from the documents the city posts: a 75-year lease from February 13, 2009 priced at exactly $1,151,355,186, the audited true-up ledger - $160,953,305 paid by the city through 2024 - the operator's $188.7M 2025 revenues, and the December 2025 agreement by its owners to sell, awaiting Council action as of the audit's April 2026 cutoff.

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