To reduce pollution and land development impacts from automobile use.
Size parking capacity to meet, but not exceed, minimum local zoning requirements.
Provide preferred parking1 for carpools or vanpools for 5% of the total parking spaces.
Provide no new parking.
For projects that have no minimum local zoning requirements, provide 25% fewer parking spaces than the applicable standard listed in the 2003 Institute of Transportation Engineers (ITE) “Parking Generation” study at http://www.ite.org.
1For the purposes of this credit “preferred parking” refers to the parking spots that are closest to the main entrance of the project (exclusive of spaces designated for handicapped persons) or parking passes provided at a discounted price. To establish a meaningful incentive in all potential markets, the parking rate must be discounted at least 20%. The discounted rate must be available to all eligible customers (i.e. not limited to the number of customers equal to 5% of the vehicle parking capacity), publicly posted at the entrance of the parking area, and available for a minimum of 2 years.
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