Changing attitudes by developers and lenders drive no-parking apartment surge in Portland

There’s been a surge in new apartment construction this year, and many of the proposals are targeted at that Portlandia ideal — ditching the car and walking, biking or taking transit to work.
Until recently, developments without resident parking were legal but rare, reined in by the profit-seeking sensibilities of developers and their lenders. Now, more than two dozen such apartment have been proposed or recently built in Portland.

But a city of Portland studyreleased this week suggests that no-car households are the exception, not the rule, even in apartments that don’t provide parking. And those vehicles have to go somewhere.

Parking forum
When: 1:30-3:30 p.m. Tuesday
Where: 1900 S.W. Fourth Ave., Room 2500A, Portland. 

The study gives new weight to neighbors’ concerns that residential streets in some areas will soon be overrun by renters’ cars, and a public forum on Tuesday will further explore the issue as the city decides whether new rules are needed to address the trend.  Read More –>

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