Wednesday’s Headlines: Less Parking Equals Lower Rents

Streetsblog
By Blake AuedApr 29, 2026, 12:01 am232 ptsTop
Cities that have ended parking mandates, such as Austin and Minneapolis, have seen construction booms that brought down rents. Underground parking can cost up to $100,000 per space. The next step is to start charging a fair market rate for valuable curb space, as Donald Shoup suggested decades ago. (Governing)…

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