To create more active and economically healthy downtowns, cities are seeking development on parking lots.

More and more downtowns are re-evaluating the value of their parking lots. As Romy Varghese reports, cities are creating incentives to build revenue-generating uses on parking lots. With a decline in driving and a desire for a more "pleasant pedestrian experience,” cities like Minneapolis and Baltimore are providing tax credits on parking lots to attract new development and considering prohibiting parking lots on main streets.
“Parking lots are natural for development because there’s often no demolition involved and chances of running into environmental issues are lower.” Varghese quotes Minneapolis' principal city planner Beth Elliott: “The more property investment, the more taxes we have to be able to make improvements in roads, in transit, in parks.”
FULL STORY: Parking Lots Demolished in Cities’ Revenue Bid as Driving Wanes

Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.

North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.

Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.

How to Make US Trains Faster
Changes to boarding platforms and a switch to electric trains could improve U.S. passenger rail service without the added cost of high-speed rail.

Columbia’s Revitalized ‘Loop’ Is a Hub for Local Entrepreneurs
A focus on small businesses is helping a commercial corridor in Columbia, Missouri thrive.

Invasive Insect Threatens Minnesota’s Ash Forests
The Emerald Ash Borer is a rapidly spreading invasive pest threatening Minnesota’s ash trees, and homeowners are encouraged to plant diverse replacement species, avoid moving ash firewood, and monitor for signs of infestation.
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