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Are TOD's Over-Parked?

Abstract

Just as land-use environments vary throughout suburban America, so should parking policies. Parking ordinances should be more flexible for projects situated near rail stops. Based on our research, for example, developers of relatively dense apartments with adjoining retail shops and short, direct walking connections to rail stations should have the option of supplying fewer parking spaces than the norm. Flexibility might also take the form of unbundling the cost of parking from the cost of renting housing or providing residents with the option of choosing transit eco-passes rather than paying for an on-site space. And in light of the fact that TOD residents were found to commute by transit proportionately more than they shed cars or reduced parking, car-sharing should be provided in as many rail-served neighborhoods as possible. Putting shared-cars in and around TODs could relieve many households from owning a second car or a vehicle altogether, which would result in not only considerably lower trip generation rates, but considerably less parking demand as well.

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