Parking requirements have been brought up ad nauseam in this thread as an impediment to development, so this is a big step in the right direction. From
Curbed LA:
LA Is Moving Beyond Its One Size Fits All Parking Requirements
Tuesday, August 14, 2012, by James Brasuell
Builders may be able to get a little more flexibility in how many parking spaces they include with their projects--the City Council today approved the long-gestating Modified Parking Requirement District ordinance, concluding a process that began last September. The ordinance allows for the creation of Modified Parking Requirement districts that allow the use of "one or more" of "seven parking requirement modification tools." As explained in September, those tools are: 1) change of use parking standards (i.e., if a building's use changes, parking requirements won't),
2) use of a new Parking Reduction Permit (individual projects could request fewer required parking spaces), 3) buildings could move parking off-site to within 1,500 feet, 4) decreased parking requirements, 5) increased parking requirements, 6) commercial parking credits, and 7) maximum parking limits (each use within a district has a set maximum number of spaces).
Read the rest of the article here:
http://la.curbed.com/archives/2012/08/la...e_size_fits_all_parking_requirements.php