A 🧵about some results (so far) after Minneapolis eliminated off-street parking minimums in May 2021. I've compiled data about for new developments with 10 or more residential units approved by the City Planning Commission. I'm sure is also compiling this info.
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I've excluded a couple of mixed use projects where it wasn't clear how much of the parking would be dedicated to the commercial use vs. the residential us.
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19 projects with 10+ units.
2,419 residential units
1,339 parking spaces
0.55 residential parking spaces per unit (mean average)
The median ratio was 0.42 spaces per unit
Generally, it appears that larger projects had higher parking-per-unit ratios. The median ratio for 10-50 unit projects was about 0.24 to 0.27. However, only one project provided more than 1 space per unit and it was a development with 45 units & 52 parking spaces.
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As expected, it seems that this regulatory change has made smaller-scale/missing middle housing more feasible (because of both geometry and economics).
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According to Alex's analysis from early in 2021, the previous 10-year average had been about 0.84 spaces per unit, with progressively lower parking ratios since about 2015. So the market is responding to these ongoing regulatory changes by providing fewer spaces-per-unit:
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See points #3 and #4.
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Of course, less automobile-centric development advances a number of goals and policies from Mpls 2040. minneapolis2040.com
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This is awesome. Other cities should copy immediately, particularly around transit.
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