11-23-2015, 11:57 AM
(11-23-2015, 10:21 AM)ookpik Wrote: I suppose one way to mitigate some of this with condo apartments is to sell all units without dedicated parking spots. Then condo management would rent out spaces. That way if you don't need a space you don't need to pay for it. If you later need a space you rent it just like all your neighbours. However in that model someone has to cover the capital costs of the parking area and take on the risk that they can rent out enough spaces to make this arrangement viable.
The more of this we do, the more viable it is. This block in particular would be a great spot for a (private) pay parking structure available for any uses - rather than the tightly-coupled parking for Bauer buildings, for this development, and for Sun Life. If it's available to the public, that means you have a much broader potential pool of users, e.g. people working a few blocks away might use it.