Mexico City is kicking its parking addiction. Can U.S. cities do the same"
By dropping rules that mandate more parking spaces, the largest city in North America will become more affordable and transit-friendly This week, Mexico City took a big step towards making housing more affordable and transit more efficient. Did it pass a new budget that funded new apartments, or propose a new expansion of the public transportation system" Nope, it simply eliminated parking minimums, the city regulations that impel builders to add a required amount of parking spots for every new unit of housing they create.
?It?s a 180-degree change in the approach toward parking,? Andrés Sañudo, a local planning consultant, told Streetsblog.
The biggest city in North America decided to limit the number of parking spaces allowed in new developments, and push policies that help convert existing spaces to different uses. The connection between affordability, transportation, and small patches of asphalt may not immediately seem apparent. But extensive studies by planners and researchers show quite the opposite. Cities?and renters?pay a big price for parking.
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Mexico City just eliminated parking minimums, which may help North America?s largest urban area reshape itself into a more affordable, transit-friendly city.
Parking?s true price
Mandating parking not only wastes tons of valuable city real estate but it also bundles housing and parking together, making it impossible to pay for one without the other. This functions as a p...
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