Urban land is scarce and valuable, when cities mandate minimum parking requirements they increase the price of every other type of urban land use. Mandating parking in cities means less space for housing and less space for small businesses. This means more expensive housing and more expensive rents for businesses. The end result is a city that quickly becomes unaffordable for regular people.
Parking Benefit Districts
As parking reform pioneer, Donald Shoup, describes it, a PBD is an area where the local governing body “spend[s] meter revenue for public services in the metered area. These cities offer each neighborhood a package that includes both priced parking and better public services. Everyone who lives, works, visits, or owns property in a Parking