December 21, 2024 1:43 am
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More developers kick parking lots to the curb

In Denver, D4 Urban leased mostly studio and one-bedroom apartments, with a 1 to 1 parking space to unit.,D4 Urban LLC
In Denver, D4 Urban leased mostly studio and one-bedroom apartments, with a 1 to 1 parking space to unit.,D4 Urban LLC

By Esther Fung | The Wall Street Journal

Bad news for car owners: Developers in more U.S. cities are reducing the amount of parking spaces included in new projects as local authorities seek to encourage the use of mass transit and free up space for parks, housing or other uses.

In San Diego’s Little Italy neighborhood, architecture and development company Jonathan Segal FAIA ruffled feathers of nearby residents after it revealed plans to build an eight-story, 35-unit apartment complex with no parking spaces. Without the added costs of a garage, the studio units of around 400 square feet apiece would be more affordable, the firm said.

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