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— Office Properties Quarterly — January 2015

“T

he way humans hunt for

parking and theway ani-

mals hunt for food are not as

different as youmight think,”

saidTomVanderbilt in “Traf-

fic:WhyWe

Drive theWayWe Do.”

As the development industrymoves

forward and properties in the downtown

core are developed

or redeveloped, the

amount of parking

space available in

Denver’s downtown

is slowly decreas-

ing. This is due to

increased density,

site limitations and

new development

standards. But is less

parking in the urban

core a bad thing? As

a professional in the

parking industrywith

an urban planning

background, I don’t

think so. The parking

supply in Denver is more than adequate

to support residential and commercial

growth for decades to come.

While everyone wants to pull up to a

free parking space 20 feet from his or

her office door, the reality is develop-

ment of that nature is not conducive to

a healthy urban environment. Research

supports that “the common practice

of requiring a minimum number of

parking spaces to be attached to a

new development – a requirement in a

majority of American cities – can inhibit

development, fragment the city, and

make traffic worse by suppressing peo-

ple’s ability to walk, bike or take transit,”

according to Tom Breen, UConn Today.

The seas of parking available in the

shopping centers of AnySuburbTown,

USA, are doing nothing but wasting

land, encouraging automobile use and

disconnecting their communities.

To help combat the negative effects

of excess parking, conscious cities (like

Denver) have reversed these park-

ing requirements by only allowing a

maximum number of parking spaces

to be developed rather than requiring

a minimum. In Lower Downtown, for

instance, this generally equates to one

off-street parking space per each resi-

dential unit or 750 square feet of gross

floor area for nonresidential buildings

(to simplify a more complex Denver

zoning code). Developers don’t mind,

because when parking requirements are

reduced the total costs of construction

decreases. Keep in mind, the estimated

cost to develop an underground parking

garage is roughly $100,000 per parking

stall.

According to a September 2013 report

from the Downtown Denver Partner-

ship, there are approximately 44,000

off-street parking spaces throughout

downtown Denver and more than

115,000 employees. Some of these off-

street surface lots are either currently

being developed, slated for develop-

ment or available for developers to

purchase. While there might not be a

one-to-one conversion of surface park-

ing to garage parking when a site is

developed, parking is still being created

as more companies and people move

into downtown. In most cases, park-

ing is added to the new projects but

not necessarily the same amount that

existed predevelopment.

Infill development and reduced park-

ing requirements are healthy for an

urban core. More and more downtown

employees are using alternative modes

of transportation to commute, especially

young professionals from the millennial

generation, and these trends will con-

tinue. Driving downtown is not neces-

sarywhen there are other viable options

available, including RTD, B-cycle,

personal bicycles and walking. These

options have increased over the last

five years and will continue to evolve as

the city and county is set to update its

transportation plan next year and will

explore ways to help fill gaps in service.

Take a look at what other, denser cit-

ies like San Francisco and Seattle are

doing. Some new developments are

not allowed to develop parking at all or

are restricted to a minimal amount. In

both cases, the local governments are

evolving their parking management

approaches by using performance-

based parking and real-time occupancy

information to show drivers where and

howmuch parking is available at par-

ticipating facilities.

Performance-based parking is a

strategy that Denver could use to help

regulate the supply of on-street park-

ing. Credited to UCLA Professor Donald

Shoup, author of “The High Cost of Free

Parking,” the concept of performance-

based parking is to adjust the price

of on-street parking according to the

demand of each block. The goal is to

always have at least one or two spaces

free on the busiest blocks, in order to

alleviate the traffic congestion caused

by people hunting for parking.

To Denver’s credit, its Strategic Park-

ing Plan is helping the situation by

promoting bicycle and car sharing and

assisting private valet parking com-

panies, but more could and should be

done in the form of real-time parking

guidance (smartphone applications)

and performance-based parking rates.

Parking is a vital element of trans-

portation and land use planning, and

given our car-obsessed culture in

America, automobile ownership is not

going away any time soon. Discussions

by urban planners, developers and city

officials about the “dilemma of parking”

are taking place and will continue as

Denver grows, but we have more than

enough parking spaces currently to go

around. Private parking companies help

property owners and commercial devel-

opers plan and manage their parking

supply efficiently. And we’ve yet to see

the parking demand in Denver reach

a point where we have to valet stack

park at our locations to cover every

available square inch with a car, which

is a common practice in larger cities.

So regarding the parking supply in

Denver – less is more. Less parking

equates to more people using alternative

modes of transportation, which is bet-

ter for the environment. Having fewer

cars on the roads creates a more bicycle

friendly and walkable downtown, which

is better for pedestrians. And less people

in their cars allows for more social inter-

action in the public realm, which is bet-

ter for our community.

s

Denver parking supply – why less is more

Justin

Montgomery

Director of

business

development and

special events,

Douglas Parking,

Denver

Parking

Source: Downtown Denver Partnership

Garages and surface lots in downtown Denver

Real-time signs used in downtown Seattle are tied into an application monitoring

available parking.