Unbundled parking definition

Unbundled parking means a requirement that parking spaces for each unit in a development be leased or sold separately from the unit itself. That requirement must include requirements for the parking space(s) to be rented or sold at market rates for comparable local off-street parking, and for the renter of the unit to be able to opt out of renting or buying the parking space(s);
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Unbundled parking means a requirement that parking spaces for each unit in a development be rented,
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Unbundled parking means a requirement that parking spaces for each unit in a development be rented, leased, or sold separately from the unit itself. The parking space(s) must be rented, leased, or sold at market rates for comparable local off-street parking. The renter, lessor, or buyer of the unit must be allowed to opt out of renting, leasing, or buying the parking space.
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Examples of Unbundled parking in a sentence

  • Unbundled parking for all other uses is encouraged and shall be explored as part of the Plan.

  • CG-DFI based procedures are enabled or disabled for unlicensed using one RRC parameter i.e. cg-RetransmissionTimer-r16 Note: Procedures based on CG-UCI rely on UE including CG-UCI in CG PUSCH at least as in Rel-16 where the values of the respective fields of CG-UCI are decided by UE.

  • The project’s TDM strategies could include:• TDM coordination and communications;• Bicycle and pedestrian network improvements and on-site facilities;• Pedestrian oriented design and multimodal wayfinding;• Transit pass program;• Car share program;• Unbundled parking; and/or• Parking preference program.Measure #6 calls for passive-solar design.

  • The number of required spaces is important economically because the cost of each space adds to development costand can increase rents or sales price.X Does the city require or allow unbundledparking (paid separate from unit rent)?X Unbundled parking can help reduce housingcost.

  • Unbundled parking in residential dwellings (i.e. the cost to park a car is separate from unit rent) can make units more affordable for those who do not drive and prefer not to own a car.

  • This study considers shared parking as critical to the overall parking strategy. Unbundled Parking: Unbundled parking separates the cost of housing and parking.

  • Unbundled parking requires buildings to have their parking spaces leased or sold separately from the rental or purchase of dwelling units.

  • The property owner of a residential building with twenty (20) or more dwelling units is required to provide the following:• Posted mobility management information,• Distributed mobility management information, and• Unbundled parking (spaces rented, leased, or sold as an option rather than a requirement of the rental, lease, or purchase of a dwelling unit or non-residential floor space).

  • Unbundled parking can also make more efficient use of existing underused parking, particularly in downtown areas.

  • Unbundled parking leases shall be provided for market rate residential units and commercial tenant spaces.


More Definitions of Unbundled parking

Unbundled parking means to separate the cost of leasing parking spaces from the cost of leasing building space.
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Unbundled parking means a requirement that parking spaces for each unit in a development be rented, leased, or sold separately from the unit itself.
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Unbundled parking means that the cost to rent, lease, or purchase a dwelling or commercial space is separate from the cost to rent, lease, purchase, or otherwise use parking spaces."
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Related to Unbundled parking

  • Tandem parking means that two or more automobiles are parked on a driveway or in any other location on a lot, lined up behind one another.

  • Garage shall have the meaning ascribed to it in Recital H;

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • stacked bicycle parking space means a horizontal bicycle parking space that is positioned above or below another bicycle parking space and equipped with a mechanical device providing floor level access to both bicycle parking spaces.

  • Parking , when prohibited, means the standing of a vehicle, whether occupied or not, otherwise than temporarily for the purpose of and while actually engaged in loading or unloading.

  • Drainage area means a geographic area within which stormwater, sediments, or dissolved materials drain to a particular receiving waterbody or to a particular point along a receiving waterbody.

  • Basement means any area of the building having its floor subgrade (below ground level) on all sides.

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • bicycle parking space means an area used for parking or storing a bicycle;

  • Amenity means roads, streets, open spaces, parks recreational grounds, play grounds, gardens, water supply, electric supply, street lighting, sewerage, drainage, public works and other utilities, services and conveniences.

  • Parking Garage means a building or portion of a building, other than a private garage, that is used for the temporary parking of motor vehicles;

  • Parking Structure means a Building, or any part thereof, principally used for the parking of motor vehicles;

  • Containment building means a hazardous waste management unit that is used to store or treat hazardous waste pursuant to the provisions of Subpart DD of 35 Ill. Adm. Code 724 and Subpart DD of 35 Ill. Adm. Code 725.

  • Maintenance area means any geographic region of the United States previously designated nonattainment pursuant to the CAA Amendments of 1990 and subsequently redesignated to attainment subject to the requirement to develop a maintenance plan under Section 175A of the CAA, as amended.

  • Buildings means , and BHK Apartments having One Block of Apartments a total of apartments of different types in G+ storied Block including such other constructions and/or structures, as may be constructed on the Premises by the Builder from time to time.

  • parking meter means an apparatus for use on or in the vicinity of a parking place for indicating, as respects a space provided at that parking place for the leaving of vehicles, whether the initial charge has been paid and whether the period for which payment was made by the initial charge has expired;

  • Uppermost aquifer means the geologic formation nearest the natural ground surface that is an aquifer, as well as lower aquifers that are hydraulically interconnected with this aquifer within the facility's property boundary.

  • Generator means a device that produces electricity.

  • the Building means any building of which the Property forms part.

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Building system means plans, specifications and docu- mentation for a system of manufactured building or for a type or a system of building components, which may include structural, electrical, mechanical, plumbing and variations which are sub- mitted as part of the building system.

  • Parking Facility means a parking area or structure having

  • Parking Areas means those portions of the Common Areas or other areas under Landlord’s control which from time to time are designated by the Landlord for the parking of automobiles and other automotive vehicles while engaged in business upon the Premises (other than while being used to make deliveries to and from the Premises).

  • Amenities are those areas specifically set forth in the Rules and Regulations for the Community.

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.