The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Friday, May 15, 2015
CityLab: The High Cost of Residential Parking
"Every time a new building includes space for cars, it passes those costs along to tenants," according Eric Jaffe, author of a recently published article found on CityLab. Within the article, two interesting and worrisome charts cover:
1) Housing Affordability Based on a Building's Parking Structure
2) Spacial Cost of Residential Parking, by Structure Type.
For more information on parking controversies, see some of our recent blog posts below:
Businesses Old and New Have Plenty to Say About Portland's Central Eastside's Growing Pains
Parking Controversy, Expenses and Too Much Parking?
Are You Having Trouble Finding a Parking Spot? Fear Not, It Will Get Worse.
TED Talks: How to Reinvent the Apartment Building with Moshie Safdie
Labels:
#cityofportland,
#cityofseattle,
#development,
#newmixed-use,
#parking,
#transportation,
#trends
Location: Portland, Ore.
Seattle, WA, USA
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