More cities are loosening parking requirements for new developments, but there is no single formula for reducing parking that will work for every community.
Often, the first step is to regulate street parking for residents facing reduced in-building parking, according to representatives from Walker Consultants. Parking pricing and time restrictions make existing parking space more efficient and ensure that on-street parking spaces are available for visitors and customers.
Another effective strategy is to employ a shared parking model by activating unused office or apartment parking at times of the day when the spaces are typically empty. This cost-effective approach increases the capacity of each parking space. This also opens more land for other uses and reduces overall development costs.
Instituting paid parking via meters can fund transportation projects such as bike lanes that can reduce reliance on cars. Although some cities have used these policies to eliminate parking requirements on some new developments, most communities and developers will want to maintain some parking requirements for now, given that most Americans still rely upon cars for transportation.
Related Stories
Codes and Standards | Jul 5, 2016
State legislature fails to pass law to extend design-build for New York City projects
Would have allowed five city agencies to use alternate delivery method.
Energy | Jun 30, 2016
Energy Department partnership with CoStar Group will study sustainability impact on property valuation
Database will offer rich data set on energy-efficient buildings in the U.S.
Contractors | Jun 30, 2016
Chicago contractor found guilty of fraud on city’s requirement on minority-owned businesses
Alleged to have been sham business in bid to win city public works contract.
Codes and Standards | Jun 29, 2016
OSHA starts evaluation of construction industry noise standards
New studies indicate significant number of construction workers suffer hearing loss.
Seismic Design | Jun 28, 2016
ASTM International updates seismic risk standards
Expected to improve consistency of risk evaluation on commercial real estate transactions.
Codes and Standards | Jun 17, 2016
Feds publish framework for evaluating public-private partnerships
No single factor determines whether a project yields stronger benefit as a P3.
AEC Tech | Jun 17, 2016
Driverless cars could soon start impacting commercial, retail project design
Offsite parking and more space for valet parking lines are among the foreseeable changes.
Codes and Standards | Jun 17, 2016
Bay State moves toward single BIM protocol on state projects
Massport’s guidelines a step forward for integrated BIM initiative.
Multifamily Housing | Jun 14, 2016
San Francisco voters approve tougher affordability requirement on new housing development
Critics charge that the measure may backfire and actually reduce new affordable units.
Concrete | Jun 13, 2016
American Concrete Institute releases new Guide to Shotcrete
Includes information on application procedures, testing.