Council Cuts Commercial Parking for First 1,200 Square Feet of Leased Space
City Council approved the zoning change to reduce the commercial parking requirement to attract small businesses to the City and enable adaptive reuse of older buildings.
City Council approved the zoning change to reduce the commercial parking requirement to attract small businesses to the City and enable adaptive reuse of older buildings.
In an analysis, the Pulse found that two Economic Development Authority members either own or appear to have an interest in commercial buildings eligible for proposed parking reductions and reported on public Council discussion of conflicts of interest. In an update, the City Attorney finds no EDA conflicts of interest.
Proposed parking reductions now limited to buildings less than 20,000 sq ft. New business tenants can exempt 1,000 sq ft when calculating their parking requirements, although the EDA, Planning Commission, Chamber of Commerce, ESC favor raising that number. The public hearing will be on September 4.
The City proposes reducing off-street parking requirements for new businesses locating in older, smaller buildings. Will there be unintended consequences from this policy change?