Anchorage has eliminated its previous rules that required new residential and commercial developments to include costly off-street parking, in a citywide policy reform aimed at bolstering affordable housing efforts.
Anchorage has entirely eliminated its previous rules that required new residential and commercial developments to include costly off-street parking, in a citywide policy reform aimed at bolstering affordable housing efforts.
will help cut costs for developers and businesses, reduce urban sprawl and encourage other forms of transportation. It will also help entrepreneurs repurpose vacant buildings and transform them into new businesses — projects that had often been hindered by the city’s parking rules. But in the rest of the city, the previous rules often meant that developments had to include the maximum amount of parking that could be needed, even though many fewer spaces are used most of the time. That meant developers were forced to build parking lots far larger than necessary. Land was used up that could have been designated for something else, the Assembly members have said.
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