Tag: development

Chicago developers jump on city’s parking minimum reduction

Chicago developers jump on city’s parking minimum reduction

| March 3, 2014 | 0 Comments

In a first for Chicago urban planning, Centrum Partners has proposed plans for a five-to-seven story rental building near the city’s Paulina transit stop along the Brown Line. The kicker? The development will offer just nine parking spaces. The proposal takes advantage of a local ordinance passed last year that lowers the required number of […]

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Minneapolis condo project stalls over parking issues

Minneapolis condo project stalls over parking issues

| February 14, 2014 | 0 Comments

In a continuing sign that the U.S. economy is reviving, Minnesota-based developer Jim Stanton dusted off plans for a large condo project for downtown Minneapolis that he initially proposed in 2005. But now it’s parking issues — not the crash of the housing market — that could stall the veteran developer’s ambitious plans. What Stanton has […]

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Parking issues stall micro-unit apartments near D.C.’s Logan Circle

Parking issues stall micro-unit apartments near D.C.’s Logan Circle

| January 20, 2014 | 0 Comments

Last May, developers Brook Rose and Gregg Busch seemed like pioneers. The two were proposing an eight-story, 38-unit apartment building in the Logan Circle neighborhood of D.C.’s downtown — of which 32 would be “micro-units” of 280 to 350 square feet. In addition to riding the trend of miniscule apartments, the duo distinguished themselves by offering no […]

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Ending condo parking in Toronto

Ending condo parking in Toronto

| January 7, 2014 | 0 Comments

“It’s getting harder to build parking,” Jared Menkes, director of development for Toronto-based Menkes Development, told the press last month. In order to meet city-planning requirements, developers are conducting more complex excavation procedures on increasingly smaller lot sizes in downtown Toronto, which is raising the cost of parking spaces somewhere between $50,000 and $60,000. For […]

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Brooklyn to feature North America’s largest automated parking facility

Brooklyn to feature North America’s largest automated parking facility

| August 15, 2013 | 3 Comments

In keeping with Mayor Michael Bloomberg’s aspirations for New York City’s technological future, construction began this month on what will be North America’s largest automated parking facility.  Located a half block from Fulton Street mall in downtown Brooklyn, the nearly 700-unit parking garage will extend 37 feet underground and include robotic features that require no […]

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