James McNally
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1611 West Division Proves High-Rises Don’t Need Parking to Succeed
Last week I reported that the Belmont-Clark tower, located a block from a Red Line station, may include 90 rental units but only 39 parking spaces. A commenter scoffed, “Good luck renting those apartments when they run out of parking spaces.” However, the 1611 West Division rental tower, which opened last year next to the Division Blue Line stop, shows that new residential buildings near transit with little or, in this case, no tenant parking can be a big success.
May 14, 2014