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There's no such thing as Free Parking.
The costs -- economic and social -- associated with large surface parking lots has been receiving more and more attention of late. Parking lots have been credited with impeding the establishment of a quality pedestrian environment, disrupting the urban fabric, encouraging greater auto use, and harming the environment.
Paved Over: Surface Parking Lots or Opportunities for Tax-Generating, Sustainable Development? is a report from the Center for Neighborhood Technology (CNT) that analyzes the value of urban parking lots in economic terms and development potential. PDF - 52 pages (3.2mb)