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Reason
Reason
Christian Britschgi

EXPLAINED: Federal zoning bill would preempt local parking mandates | Vintage Vibes

Robert Garcia Ilya Somin Michael Pollack

Parking mandates can be expensive.

Local regulations requiring that new businesses and apartments come with a set number of spaces mean developers are losing floorspace that could be revenue-generating residential units and shop fronts. Cramming the required number of parking spaces onto small properties can require "structured" above- or below-ground parking lots, which can cost as much as $75,000 a space.

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