Tuesday, August 21, 2012
Oregon Public Broadcasting looks at the rise of new apartment buildings in Portland that offer no offstreet parking. The article explains that developers are constructing more parking-less buildings because of new demand, not any change in city parking policies. What's driving the demand? First and foremost, affordability. As one developer noted “Parking [on] site is the difference between a $750 apartment and a $1,200 apartment.” Second, Portalnd has a growing number of citizens who just don't own a car.