Vancouver Could Remove Parking Minimums for Condo Developments

Vancouver’s Transportation 2040 plan allowed for the easing of parking minimums for residential developments in parts of the city, and now city planners are beginning to explore where and how condos can be built without parking.

Sam Cooper reports on an announcement by the city of Vancouver that they are beginning the process of determining how to remove minimum parking requirements for some new condo developments, similar to actions recently taken in the city of Calgary.

According to the article: “Vancouver has minimum parking requirements for residential buildings, but city staff are ‘exploring (no-car condo) opportunities in line with what Calgary is looking at,’ a spokeswoman said Thursday.”

The Transportation 2040 plan, adopted by the city in 2012, “provides guidance to eliminate parking requirements downtown and near rapid transit stations,” reports Cooper. Any new condo developments without parking minimums would be the first under the plan’s guidance.

The city is considering removing parking minimums as a spur for more affordable housing. In Vancouver, Cooper says, “Removing underground parking can slice about $40,000 off the price of a unit…”

Full Story: No car? No problem: Vancouver preparing to zone for parking-free condo towers

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Book cover of Where Things Are from Near to Far

Where Things Are From Near to Far

This engaging children's book about planning illustrates that "every building has its place."
$19.95
Book cover of the Guide to Graduate Planning Programs 4th Edition

Thinking about Grad School?

New! 4th Edition of the Planetizen Guide to Graduate Urban Planning Programs just released.
Starting at $24.95