Tag: development
Chicago developers jump on city’s parking minimum reduction
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 […]
Minneapolis condo project stalls over parking issues
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 […]
Parking issues stall micro-unit apartments near D.C.’s Logan Circle
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 […]
Ending condo parking in Toronto
“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 […]
Brooklyn to feature North America’s largest automated parking facility
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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