Vancouver scraps minimum parking requirements citywide
Vancouver eliminates citywide minimum parking requirements for new developments to cut costs and streamline permits. Developers no longer need to meet specific parking quotas, potentially saving $100,000 per underground space. The exemption excludes certain designated spaces.
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Vancouver has eliminated minimum parking requirements for all new developments citywide. The decision, made by the city council, aims to reduce construction costs and streamline the permitting process. This change means developers are no longer obligated to meet specific parking space quotas, potentially saving up to $100,000 per space in underground parking construction. The exemption does not apply to designated accessible spaces, visitor parking, bike racks, or loading zones. Vancouver had previously removed parking minimums in the downtown peninsula in 2018 and extended this to the West End and Broadway Plan areas in 2023. The city's move aligns with provincial regulations to eliminate parking minimums in transit-oriented development zones. Additionally, the council simplified the parking bylaw, reducing it from 33 to 17 pages and eliminating 63 unique parking rates. While the city does not anticipate significant impacts on street parking, measures like time restrictions or pay parking may be implemented in high-demand areas if necessary.
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