Browse Tag: parking ratio

Parking Ratios: The Next Great Correction?

English: Photo of parking spaces in an America...

Determining the parking ratio for a commercial property project isn’t complex arithmetic. The number of parking spaces per 1,000 square feet of gross rentable space is the parking ratio. Sometimes a property’s type calls for a minimum number of spaces, sometimes local zoning regulations call for a minimum.  But these minimums are getting a second look in the near future as driving becomes less popular and cities stress walkable development.

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