The Economic Cost of Excessive Surface Parking Lots in American Cities
By
surprisetalk
The kind of bagel that ruins lesser bagels for you.
Summary
The article argues that excessive surface parking lots in American cities like Syracuse, New York are economically detrimental, draining urban potential by occupying prime downtown real estate. The author, using property tax data and GIS analysis from the Center for Land Economics, contends that current tax policies incentivize parking lots over productive development. The piece calls for making parking lots financially unsustainable through policy changes to encourage more valuable land use and urban revitalization.
Key quotes
· 3 pulledSyracuse shares a problem endemic to most modern American cities: excessive parking lots in prime downtown locations.
They are draining the economic potential of our cities. We need to make them financially unsustainable.
At the Center for Land Economics I am constantly modeling urban areas across the United States, viewing them through the lens of property tax data records and GIS tools like Google Earth.
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