If the condo complex is sufficiently unattractive, few people will want to live there, and prices will fall to the point where buyers or renters accept the low price and the associated hassle. That's a market decision. If the condo complex is, let's imagine, 50% lower than market, then maybe people will accept the parking situation.
and there is no transit available anywhere near there
Then residents might try demanding it from the city government.
You may like this: https://www.amazon.com/High-Cost-Free-Parking-Updated/dp/193... book.
Uh, go to Palms at 7pm and try to park.
If you actually care about this, here's a great book about the issue. Parking in Westwood can take 15-20+ minutes due to a parking shortage, which promoted an economist to try to determine what pricing strategies could be used to solve the parking shortage in the city. The shortage is very real and has very real costs.
It's because we try to push too much free parking in this city. You can write a book about it: https://www.amazon.com/High-Cost-Free-Parking-Updated/dp/193236496X
This article can give you an overview: https://www.vox.com/videos/2017/7/19/15993936/high-cost-of-free-parking
-Also a former valet driver.
You should take a skim through Donald Shoup's The High Cost of Free Parking, and give a Google to "induced demand." It becomes clearer what the operating theory is.
Because it’s generally accepted that unbundling the price of parking from housing aides in greater flexibility of mobility choice, more affordable housing, and ultimately serves as a better way to charge people directly for their use of this ‘commodity.’
Some literature on the topic:
The Hidden Cost of Bundled Parking - Access Magazine
“Unbundling” Parking Costs is a Top Way to Promote Transportation Options - Mobility Lab
Unbundling Parking Isn’t Easy but It’s Worth It - The Greater Margin
The High Cost of Free Parking
You should check out this great book when you get a chance. We are all paying a lot for "free" parking, and those costs are often unfairly passed on to people who don't or can't drive to subsidize drivers.
The High Cost Of Free Parking
There's a 600 page book on it
I don’t think ample on-street parking is necessary or even desirable for a great neighborhood. In fact, I’d say all the neighborhoods and towns I’ve most enjoyed living in and visiting have all had atrocious parking. There are private parking spaces for rent in Cap Hill if a lack of parking is a personal problem for you. Not to mention, there are minimum parking requirements in Denver (except for parts of downtown) which will force this developer to include plenty of parking in any residential structure.
(Side note, I'd bet that it's easier to find parking on Pearl Street on a Friday night than it is to find an urban planner who believes minimum parking requirements are good for society, but that's another topic, or book )
The High Cost of Free Parking, Updated Edition https://toptalkedbooks.com/amzn/193236496X
Driving around looking for parking represents ~1/3rd of all vehicle miles travelled.
Edit: more on the 1/3rd VMT that says it may be much lower http://docs.trb.org/prp/17-04407.pdf
Next: Petrol cars please.
Costs for cities would decrease a lot , room for bicycles would increase, noise would drop to a level which can't believed, ambulances would be adjusted to walking persons instead of loud cars with their stereos on and air would be wonderful.
This is a solved problem: Charge for parking and the shortage goes away. Meter technology is decades old and well understood. https://www.amazon.com/High-Cost-Free-Parking-Updated/dp/193...
Me too. BTW, The High Cost of Free Parking by Shoup is amazing on this issue (). Totally changed my perspective when I read it.
That said - The High Cost of Free Parking (1) and The Walkable City (2) are both excellent reads on the matter of parking and car parks. The second is the more readable.