Ride sharing services such as Uber and Lyft are making it easier for cities to ease up on parking requirements for new residential and mixed-use developments.
In many U.S. cities, developers are only providing one parking space onsite per apartment or dwelling unit. In some cities including Boston and Santa Monica, Calif., new condominium and apartment developments have been approved with no onsite parking at all.
Proximity to transit allows cities to relax parking codes, but ride sharing services make it possible in areas that are not within a short walk of a rail station or bus stop. Developers are getting on board with the trend.
One apartment building owner in downtown Los Angeles offers residents a $100 Uber credit each month instead of providing onsite parking.
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