The Minneapolis City Council voted recently to ease parking requirements for new multifamily buildings.
The council cut the number of spots required for large developments by half. It also will accept plans with no parking spaces for buildings of fewer than 50 units if they are located no more than a quarter-mile from transit with pickups at least every 15 minutes.
The new standards could spur more construction of small apartment buildings, and, supporters hope, lower rents in some areas of the city.
“Too often we see a whole building designed around a concrete structure to store cars, instead of the people who are living in the building, or walking by it, or living nearby,” City Councilor Lisa Bender told the Minneapolis StarTribune. “It will allow more flexibility in design.”
The rule is expected to reduce the cost of building multifamily structures by eliminating the need for underground parking garages.
Related Stories
Multifamily Housing | Mar 23, 2021
One Hundred Above the Park completes in St. Louis
Studio Gang designed the building.
Multifamily Housing | Mar 22, 2021
Waldorf Astoria Miami will become the tallest tower south of Manhattan
The supertall tower will include a hotel and residences.
Multifamily Housing | Mar 18, 2021
Mixed-use residence for UCLA medical students completes
Lorcan O’Herlihy Architects designed the project.
Multifamily Housing | Mar 15, 2021
First phase of Presidium Waterford breaks ground in Austin, Texas
O’Brien Architects and Dwell Design Studio are designing the project.
Luxury Residential | Mar 10, 2021
Luxury multifamily development opens at the front door of Charlotte’s South End neighborhood
Broadstone Queen City recently opened its doors to its first residents.
Multifamily Housing | Mar 10, 2021
9 smart connectivity systems for multifamily housing communities
Smart connectivity systems are starting to become a must-have amenity in multifamily properties—and not just for upscale urban rentals.
Multifamily Housing | Mar 9, 2021
Investor demand for multifamily real estate remains relatively strong despite COVID-19
Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That’s about 1.7% of total market stock and down 12% from the 286,300 apartments purchased in 2019.
Multifamily Housing | Mar 7, 2021
Deadline extended for Cover Photo of the next issue of MULTIFAMILY Design+Construction
Request from Editori of Multifamily Design+Construction for photos showing project amenities, for next issue of the magazine.
Multifamily Housing | Mar 7, 2021
New Olympia i3 kitchen faucet: geometric lines, minimalist style
Announcing the new Olympia i3 single handle pull-down kitchen faucet for today's modern kitchen.
Market Data | Feb 24, 2021
2021 won’t be a growth year for construction spending, says latest JLL forecast
Predicts second-half improvement toward normalization next year.