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I suspect "Parking"'s comments about well-utilized parking facilities at the Highland Park and Kenyon Square multi-family buildings in Columbia Heights are invalid because its likely that the number of parking spaces provided at each of those buildings is quite small compared with the number of residential units. A more interesting comparison is the large Van Ness complex adjacent to the Van Ness Metro. It was constructed well before the opening of the Red line and has a massive amount of resident parking. In the last four years the market price for car-less owners to rent their parking space has fallen from $120 a month to around $80. The demand for parking spaces has clearly fallen in Van Ness as residents own fewer cars and take advantage of good bus and rail service.

by Mr. Transit on Oct 23, 2012 11:21 am • link • report

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