Quote:
Originally Posted by pesto
How could every city and developer be so confused as to think that parking was vital to getting people to these places?
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Seriously. You think developers and cities really know what's best for cities? I have to take exception to that notion. How can you ignore the notable project failures in just Metro LA alone, instigated by developers or cities or cities and developers working in concert. Projects like Paseo Pasadena, or the Fig shopping mall in DTLA or the one near city hall to name just three Billions were spent on Hollywood over nearly 2 decades and nothing happened. Too often cities and developers rely on unsuccessful formulas, not vision, when putting together plans for new projects.
Forgetting current parking requirements, if DTLA continues on its current development curve, eventually land costs will become too prohibitive to put in much parking in future developments. New square footage will have to be reserved for more higher revenue producing uses such as offices, retail and residences in order to make a project pencil. However, that shouldn't pose a very big problem. As DTLA becomes more attractive and a more self sustaining neighborhood, there will be less demand for parking as people make alternative choices to live DT......like having one car per couple or family instead of two.....or to work in DTLA, taking mass transit instead of a car.
And its important to note that this transition won't happen overnite. NY, Chicago, SF, Paris, London et al didn't become mass transit cities in a year or even ten. They came to that point over many decades of intense development. Hopefully, people in 2050 won't see DTLA through the same eyes we see it now.