|
Lutha Mahtin posted:plz post about this Most if not all of those downtown surface lots are just land being held by speculators waiting for the value to go up. Once the immediate area starts getting hot they'll be sold to developers and poo poo will get built there. Until then, giving it a cheap paving job and leasing it to one of the local parking companies is just a way for the current owner to generate some cash flow and offset property taxes. If they weren't parking lots, they'd just be empty plots of land. No one buys expensive urban land solely for the purpose of making it a parking lot. (Of course, depending on the location, it may be years or even decades before the values rise enough for the owner to sell, so it might well remain a parking lot for quite a while...) Also, minimum parking space laws usually apply to businesses in suburban or rural areas where there is no public parking. When all of the nearby parking lots are owned by other businesses (who will often tow non-customers' cars if it starts to become an issue), you can end up with a real mess if a business doesn't have enough parking. Of course, those laws do lead to even more urban sprawl; every big store or shopping center needs acres of land for parking, so it becomes very difficult for density to increase and poo poo just keeps spreading out further and further.
|
# ¿ Jan 7, 2016 08:48 |
|
|
# ¿ May 21, 2024 02:19 |