Quote:
Originally Posted by edale
Curiously, this doesn't appear to be much of an issue in Cincinnati. Many(most?) of the recent historic conversions don't have attached parking. There have even been several new builds downtown and in OTR that have been built with either zero or just a handful of parking spaces. This building, for example, has no parking included. Of course, there are a ton of parking options in downtown Cincinnati that people can lease monthly spots at, and I'm sure including parking in a building allows for developers to charge higher rents, but it doesn't seem to be as big a concern as other places. The city got rid of parking minimums around the the streetcar line, and I think now has been expanded to basically the entire urban core/basin. |
This appears to be housing. Totally different situation.
People self-select their housing. If 50% of urban core residents don't have cars, great, 50% are potential tenants in the building.
But offices need to appeal to more people than that. Tenants will employ suburbanites too, and depend on attracting a broad range of employees. If the building has 7,000 employees (a pre-Covid 5 per 1,000 sf) maybe you'd go down to 3,000 spaces (or 1,000 in a transit-heavy city).