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Joshua McGinnis
  • Rental Property Investor
  • Beverly Hills, CA
272
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472
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High-Density Parking Solutions

Joshua McGinnis
  • Rental Property Investor
  • Beverly Hills, CA
Posted Nov 19 2015, 10:16

One of the many challenges in developing property in Los Angeles is the minimum parking requirement. Many parts of the city are zoned with no height restrictions, but quickly become unfeasible once you begin to pencil out the parking requirements per unit of housing constructed.

Given than 70%+ of Los Angeles citizens still commute, it doesn't look like dramatic reduction of parking requirements are going to happen anytime soon.

How are folks in other densely populated areas addressing parking to squeeze out more units? I'm particularly interested in how New York City / Manhattan developers address parking (where it is required) and if anyone else has looked into automatic parking solutions?

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