By Rachel Koning Beals | MarketWatch
Real estate developers and the municipal codes they’re operating under can’t seem to nail the parking-space formula — putting the right number in the right places — at multifamily housing and commercial projects in cities and suburbs.
And because there’s been flawed policy in place for decades, at least according to some urban-planning groups, there’s actually an ample inventory of parking in most high-density, or otherwise highly traveled, areas. Those spaces just need smarter use.
