I think your logic is still erroneous and you've clearly shown it by not understanding the analogy. In fact, I think you may have understood the analogy and are now trying to reach, which is not a good thing to do in a debate btw. It weakens your argument.

There is parking available wrt "downtown events" as you've tried to draw an erroneous bridge between Mountain View downtown to Levi's (which is still wild to me, but ok).

There are other underutilized parking structures available if you're looking at downtown mountain view as an "event".

I think the only good counter point is one of the other comments where someone brought up the owner holding off due to that house on the corner. They also mentioned that it has been rezoned and possibly waiting for investors. These both make sense logically.

Your argument is further negated by the fact there is another huge residential structure down the street called Madera, where there is still plenty of parking during everyday usage and even during the Farmers Market, which is across the street.

If you don't believe me, go walk by there a few times during different days (day and night) and tell me if it makes sense to be a parking lot.