September 22, 2016: Belmont Citizen-Herald
As the final up-or-down decision grows near on whether the proposed Cushing Village development will move forward, it is important to consider not only “whether” the development will proceed, but to consider, also, “how” it will proceed. In a prior Guest Opinion in the Citizen-Herald, for example, Cushing Village developer Chris Starr committed that “residential parking will be ‘unbundled’ from their monthly apartment rent, which will encourage residents to use the nearby public transit and go car-free if they prefer.” That commitment should be carried forward by the new developers.
One way to manage parking, and thus help control the automobile traffic generated by new developments such as Cushing Village, is to “unbundle” the parking from the living units, such as was proposed by Chris Starr. According to the Transport Policy Institute at Victoria University, “optimal parking supply is the amount that motorists would purchase if they paid all costs directly and had good parking and transport options.”
“Unbundling means that parking is rented or sold separately,” the Institute explains, “rather than automatically included with building space.” Rather than rent an apartment with two parking spaces for $2,000 per month, in other words, the apartment is rented for $1,700, with each parking space rented separately for $150 per month. In this way, residents of the building pay only for the parking they need. For a development such as Cushing Village, which sits directly on a bus line to significant public transportation options (e.g., the T at Harvard Square, the train in Waverley Square), persons who choose to rely on public transit in lieu of a car are not forced to pay for parking spaces that they choose not to use. In contrast, people who choose to rely on automobiles are called upon to pay the full cost of parking those automobiles.
The primary community benefit of unbundling the rent and/or sale of parking spaces from the underlying living unit is that the process attracts individuals who choose not to use cars as their mode of transportation. The ready access to shared automobiles, such as Zip Cars, which will be located at Cushing Village, provides that transportation option when needed.
Unbundling has an unquestioned impact on reducing automobiles in new developments. In a 2013 “review of parking standards” in the Concord (MA) zoning code, Concord was told that “charging separately for parking is the single most effective strategy to encourage households to own fewer cars, and rely more on walking, cycling and transit.” Unbundling residential parking, Concord was told, “can significantly reduce household vehicle ownership and parking demand.”
Concord was told that the process of unbundling parking makes “the cost of providing parking clear to residential and commercial tenants and buyers, and [helps] them make more informed decisions about their transportation needs.” Typically, the Concord zoning study found, “unbundled parking reduces parking demand by 10 – 30%.” One impact of this reduced parking demand is either that building size can be reduced or that developers can “build less parking and more of the functional building space (whether that is living units, commercial space or office space).”
The Metropolitan Area Planning Council, the regional planning agency of which Belmont is a member, agrees. According to MAPC, unbundled parking “is not only more equitable, but can also reduce the total amount of parking required for the building. . .Communities should encourage developers to unbundle the price of parking. . .”
As Cushing Village moves forward under the guidance of a new developer, Belmont would be well-served if Toll Brothers makes clear its commitment to follow-through on previously-announced plans to unbundle the pricing of parking and building space.