"Unbundle" Parking Costs

Unbundle parking to sell or rent parking spaces separate from building costs. Unbundling parking costs allows occupants that do not have a vehicle to pay less than someone who does.

 

Require new developments to unbundle parking costs to allow occupants to pay for the parking spaces that they need. Unbundling can help to reduce both the parking required for the project, as well as the cost of housing for residents.

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Photo of parking garage with cars parked on both sides of the aisle
Parking Garage