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Car-dependent areas need a lot of requirements to thrive. They need large setbacks, minimum parking allotments, throughput requirements on entrances and exits,
by Karrot_Kream 4y ago
Car-dependent areas need a lot of requirements to thrive. They need large setbacks, minimum parking allotments, throughput requirements on entrances and exits, etc. Walkable areas have minimal setbacks and can have no minimum parking allotments. This lends itself to smaller building footprints and correspondingly lower building and maintenance rents. Smaller, lower-revenue businesses can afford to rent these smaller locations out. Correspondingly small businesses in walkable locations need to spend less money on signage (as only those on foot will need to see it) and marketing as foot traffic naturally leads to serendipitous shopping.