Doesn't his kind of already exist?
When Cowboys was around there was a continual stream of cabs out front. I'm sure there are other places that are the same way today.
Why not give this a try? It gives people a place to expect to find a cab, it gives cabs a good place to find a fare. If it works, great. If not, what harm has been done?
I'm sure there will be a few tweaks required. Some stops will be popular, some won't. But once those get figured out I can't really see a downside.
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