By Laura Kusisto | The Wall Street Journal
A $140 million Arizona development is banning residents from bringing their own cars in favor of scooters, bikes and ride-sharing, testing demand for a new type of walkable neighborhood.
The 1,000-person rental community, which broke ground this month in Tempe, won’t allow residents to park cars on site or in the surrounding area as a term of their leases. The founders say it will be the first of its kind in the U.S.
The neighborhood’s scale will be modest, with mostly three-story buildings. In place of parking spaces, the development known as Culdesac Tempe will feature significantly more retail and open spaces than are typical for its size. It will include a market hall for food vendors, coffee shop, plazas, communal fire pits and a building that residents can rent to host events.
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