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Exactly... when an uncovered parking space rents for $400-1k/mo it's hard to see how building practices are going to help. Outside of towncenter land costs are
by kurthr 8y ago
Exactly... when an uncovered parking space rents for $400-1k/mo it's hard to see how building practices are going to help. Outside of towncenter land costs are lower, but transportation is lacking. Really, it's driven by a combination of growth in high paying tech jobs, restricted geography, and tax/financing structures, as much as, zoning laws or building costs.
- StudentStuff 8y agoParking is often one of the most expensive things to build in land constrained areas due to the dead load of cars that parking structures must support, with a standard spot requiring 200sqft itself, add to that 50% for ingress/egress space. Generally parking spots cost a fraction of what that space would go for if it were allowed to be lived in.