Pro Se said:
That would be great but I wonder about service access to those businesses. While we are on the topic, I would love to know whether the North Market would ever consider developing the parking lot. My thinking is the additional parking spots being added across the street (and in the area generally) may make alleviate the necessity for the lot. Perhaps Walker, who I believe is on the North Market Board, can shed some light.
The idea has been considered for a long time, and is still being considered. But it's a very challenging issue because of the incredibly high costs. The parking lot does provide a sizable portion of the income of the North Market. Building an underground garage and building on top I imagine would cost in the tens of millions of dollars (money the NM doesn't have) and an 18-month construction period would kill all parking revenue during that time, further straining the finances of the market. The construction timeframe would also severely limit customer traffic to market vendors, putting at least some of them out of business during construction, as well as limit access to festivals and events at the market, again, putting a strain on everything.
Is it feasible? Sure, anything is feasible. But the risk and cost is incredibly high in my opinion.
If the demand is there for a larger market (and I personally think it is) then we should just build another market in another location and leave the North Market as it is. Much easier. ;)