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Originally Posted by asies1981
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While I haven't read the entire plan, yet. So far I only see one reference to subsidized passes within developments. I have read of other cities where they greatly reduce parking minimums for new development, replace them with maximums (which we have done in a few areas) but they are also required to provide a certain number of transit passes per unit as well. Just like a minimum parking requirement, but it's a minimum transit pass requirement instead. Being able to reduce the cost of parking in a new development can do a few things for the developer. 1) Reduce the overall cost for the entire development, 2) Allow them to build more units within their budget. By reducing the cost per unit it allows for rents to be less, balancing out the market. It also reduces pollution, as less people will be driving because they have a transit pass as part of their rent.
I have mentioned this to my two friends on City Council in the past, and will make sure to bring it up to them again when it comes time to go to City Council, and I will bring it up at the City Council discussions.
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