3 ms·
> Would you, personally, pay an additional $400,000 to put that parking underground? Do you think you could convince every single person in that housing complex
by amyjess 8y ago
> Would you, personally, pay an additional $400,000 to put that parking underground? Do you think you could convince every single person in that housing complex to do that? I highly doubt it. If that apartment complex was condos, eg, it's likely in that case that each condo unit would be cheaper than the parking spot for it (keeping in mind that, given it's Texas, most units would probably have 2 or maybe even 3 parking spots).
Also, the picture here is from a mixed-use development, not just a housing complex (it's from the West Village in Uptown Dallas; I posted a Street View link in another comment if you're interested). There's retail on the ground floor.
Nobody in Dallas is going to go shopping or out to eat if we can't drive there and find a place to park. I can't even count the amount of times my friends or family have said "eh, let's go somewhere else" or "we'll come back another day" just because we couldn't find a place to park. No parking spots means businesses go under. So not only do you need 2-3 parking spots per unit, you need parking for all the customers of the retail establishments on the ground floor.