Quote:
Originally Posted by jmecklenborg
This and the triplex thing in Minneapolis aren't going to make a big difference. The solution is a) hi-rise apartment blocks next to subway stations where rent is b) subsidized for those without a registered personal vehicle.
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The big things that Minneapolis did were up zone all the commercial and transit corridors in the city to allow midrises by right, and getting rid of parking minimums. The fact that you can build 4 to 6 story buildings on any significant street in the city has done way more than triplexes. There is a lot of development going on right now and it is those, not triplexes or granny flats (which have been legal here for almost a decade).
The triplex thing was basically a useful distraction politically because nobody noticed the other major changes to the zoning code.
Rents have stabilized in Minneapolis over the last few years. It is not a coincidence that happened during a major construction boom. I think the real secret is to up zone a lot of areas for the type of housing the local market wants to build. In Minneapolis that is the 4 to 5 story midrise outside of downtown which are now popping up everywhere. You can add a lot of density with buildings like that if you build them on a large enough scale.