Parking requirements raise the cost of construction, limit denser projects, and drive growth to the suburbs. Emerging technologies like autonomous vehicles and ridesourcing can be game changers, further reducing parking demand and costs. With new technology, there is the potential to reduce costs, meet parking requirements on smaller lots and build more creative projects. Also, designers are using new approaches to ensure that garages can be cost-effectively converted to alternative uses when market demands change.
Moderator: Roamy Valera, Chairman, International Parking Institute
Panelists: Jeff Farner, Deputy Director of Planning and Zoning, City of Alexandria
Omar Abdul-Baki, Galena Capital Partners
Stephen Rebora, CEO, Desman