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What if the Empire State Building met typical parking requirements?
What if the Empire State Building met typical parking requirements?
Under typical office parking requirements of a conservative 3 spaces per 1,000 square feet of floor area, it would require 56 acres or 15 New York City blocks to serve the Empire State Building if the parking were provided in surface lots. Completed in 1931, in the pre-parking urbanism era, the iconic skyscraper is within walking distance of Pennsylvania Station, Grand Central Terminal, Port Authority Bus Terminal, and two subway stations.
·cnu.org·
What if the Empire State Building met typical parking requirements?
Reforming Municipal Parking Policies to Align With Strategic Community Goals
Reforming Municipal Parking Policies to Align With Strategic Community Goals
The City of Victoria is currently engaged in a parking policy review which proposes reducing some off-street parking requirements (http://victoria.ca/zoningparking). These changes are good, but modest. This short report identifies much bolder reforms that would better align parking policies with other community goals. Although written for Victoria, the analysis and recommendations are appropriate for most municipalities.
·vtpi.org·
Reforming Municipal Parking Policies to Align With Strategic Community Goals
How minimum parking requirements make housing more expensive
How minimum parking requirements make housing more expensive
A growing consensus argues that minimum parking requirements (MPRs) make housing more expensive. This paper examines two claims from this discussion: (1) that MPRs discourage the construction of small units; (2) that the costs of building required parking are "passed on" to buyers and renters in the form of higher prices and rents. However, the mechanisms behind these two effects have never been made explicit in the literature. This paper proposes, for each claim, a plausible mechanism relying on the specific choices of housing suppliers and consumers. We propose that MPRs discourage small units because they eliminate the most profitable floorspace/parking bundle to supply to relatively lower-income households. We propose that parking costs may be passed on by reducing the supply of housing on offer at a given price.
·jtlu.org·
How minimum parking requirements make housing more expensive