Seattle is considering relaxing restrictions on selling access to excess parking capacity in buildings in the city.
Seattle planners recently proposed has two standout offerings. The first is way in the weeds. It would fix a technical glitch in the city’s off-street parking exemption for housing located near transit.
The second taps into a big idea: the sharing economy. The gist of it: let’s share the parking we already have so we can stop building too much of it. Studies have shown that apartment buildings in Seattle have a lot of excess parking—35 percent extra unused stalls on average. The city’s proposal would undo rules that prohibit that underutilized parking from being sold to people who don’t reside in the same building.