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Old Posted Feb 8, 2020, 8:31 PM
bobbyv bobbyv is offline
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Join Date: May 2011
Posts: 301
Seattle's attempt to build condos with minimal parking not working.

From the Seattletimes:

Quote:
Seattleites want to live more like Manhattanites.

Or at least, that was the gamble made by developers of The Emerald, a 40-story luxury condominium near Pike Place Market, when they decided to include fewer parking stalls than any comparable new residential tower in the city.

But it looks like even Teslas on demand and the thrill of sharing an address with the priciest listing on the waterfront aren’t enough to prompt potential buyers of Seattle’s luxury condominiums to give up their cars.

The relative dearth of parking at The Emerald has been jeopardizing sales there, local condo brokers say.
https://www.seattletimes.com/busines...to-be-failing/
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