With the housing market faltering, developers are eyeing an emerging and lucrative market: luxurious garages for expensive cars.
"Obviously, a public parking structure or a dusty warehouse is the wrong place to store that 1956 Mercedes-Benz 300SL coupe you picked up for $350,000 at the auction.
The solution could be a car condo.
Imagine a garage with a bathroom, a wet bar, no oil stains on the floor and security guards 24/7. With a concierge who will arrange your next service appointment. With a private rooftop club where you can share a bottle of wine and talk cars with fellow collectors.
All for the cost of a modest single-family home.
As the market for human housing falters, developers around the country are pushing ahead with plans to build homes for four-wheeled investments. The projects are being marketed as part-garage, part-home away from home, part-clubhouse for car nuts.
The standard unit at Luxury on Main will comfortably house four vehicles. Two to four more can be stacked vertically.
Those who want to go the extra mile -- and spend the extra dollars -- can customize their condos with decorating schemes offered by GarageMahal, an Arizona company that specializes in indulgent interior designs for garages.
Interior design packages at Luxury on Main start at $60 a square foot and go up from there. Options range from Art Deco classic to gas station modern to just about anything you can imagine."
FULL STORY: Luxury lodging for your machine
San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
Has President Trump Met His Match?
Doug Ford, the no-nonsense premier of Canada's most populous province, Ontario, is taking on Trump where it hurts — making American energy more expensive.
Study: London ULEZ Rapidly Cleaning up Air Pollution
Expanding the city’s ultra low-emission zone has resulted in dramatic drops in particle emissions in inner and outer London.
San Jose Mayor Takes Dual Approach to Unsheltered Homeless Population
In a commentary published in The Mercury News, Mayor Matt Mahan describes a shelter and law enforcement approach to ending targeted homeless encampments within Northern California's largest city.
Atlanta Changes Beltline Rail Plan
City officials say they are committed to building rail connections, but are nixing a prior plan to extend the streetcar network.
Are Black Mayors Being Pushed Out of Office?
The mayors of New York, St. Louis, and Pittsburgh all stand to lose their seats in the coming weeks. They also all happen to be Black.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Resource Assistance for Rural Environments
City of Edmonds
City of Grandview
Harvard GSD Executive Education
UCLA Lewis Center for Regional Policy Studies
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research