In recent years, successful cities have come to understand that the constant effort to solve the perceived “not enough parking" problem comes with costs and consequences that make good cities or great places less successful. It makes achieving a city’s stated public goals of increasing affordability, mitigating climate change and just making a city more liveable a lot harder. To encourage the city’s aspirations around increased walking, biking and public transit, the city should look at a fundamental reconsideration of parking and how it shapes communities.
Why is 133 E 4th suitable for a pilot project for Zero Parking?
1. Nearby off-street and on-street parking availability
- There are five off-street parking locations within 500m with 1455 spaces
- There are 252 on-street parking spaces within one block of 133 E 4th
2. Alternative transportation network availability
- 4th Street Bike Route upgraded to AAA - developer to contribute $50,000 to the upgrade
- R2 Marine Drive RapidBus route stop at 3rd and Lonsdale
- Seabus terminal at Lonsdale Quay
3. New parking trends with no minimum parking requirement
- The parking supply for rental buildings exceeds demand by 35%
- The minimum demand parking rate for rental buildings is 0.35 spaces per unit
- The City of Edmonton institutes no minimum parking requirements in 2020
- The City of Vancouver is planning on implementing no minimum parking requirements as part of its climate action plan
4. Transportation Demand Management Plan
- Monthly Subsidy for Translink Compass Cards for 2 years (15% of residents)
- Bike repair stand
- Enhanced Class B bicycle parking
- Post Occupancy Tenant Study after 1 year
Given the accessibility and proximity to alternate transportation methods, Zero Parking would be advantageous for the development project on E 4th, as well as other projects in North Vancouver.