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Planning Matters

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Mandated parking requirements for new housing developments are common bylaws. Chicago's equation works out differently depending on a project's unit count, unit size, and housing type. In larger developments, it's usually at least one space for every two units. A recent UCLA study shows how lessening these requirements allow developers to supply more housing of greater variety, some of which is even tailored to non-drivers. Parking eats up space and costs a bundle ("developers aren't interested in building parking spaces as charity"), and so going without means savings are passed to renters/owners. New supportive data could prove a potent tool in advancing affordability and livability in cities. [Streetsblog, rendering: One South Halsted]