Five Dallas City Council members signed a memo that prods the city to start acting on parking reform.
It was a case in 2017 that initially got West paying attention to parking reform. “It was a ridiculous overparking requirement for a hotel,” West told the. The hotel would have had 12 rooms and would have been within walking distance of the Bishop Arts District. There would also be a restaurant on site. The development would have been required to provide 25 parking spaces for the restaurant and 12 spaces for the hotel.
Barrett explained that, as it stands now, Dallas follows a conventional approach to parking. It sets a ratio usually based on square feet for minimum parking requirements. A warehouse, for example, might require only one space for every 500 square feet, while a restaurant or bar might require one parking space for every 100 square feet of floor space, Barrett said. Multifamily developments require one parking space for every bedroom.
He also noted that while parking takes up a lot of land, it’s often doesn't make for a large return. “If you think about how much people are willing to pay to park, it’s not very much,” Barrett said. “So that translates into lower tax revenues for all of us because now we have all this land dedicated to low-value parking.”
One of the biggest costs in all of this is simply providing the parking. If you’re constructing structured or underground parking, it could cost $30,000–$50,000 per space, according to Barrett. This can affect affordability for tenants. “You can pretty reliably estimate those costs,” he said. “For every $100 it costs, you’re going to probably add a dollar of cost to rent to everyone.”
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