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Sandpoint's Parking Policy Shift Sparks Economic Revival, Offers Lessons for Texas

By Building Texas Show

TL;DR

Eliminating parking minimums in Sandpoint led to increased tax revenues and business growth, giving the city a competitive advantage.

The elimination of parking minimums involved changing just 'one line' of city code, resulting in positive economic effects for Sandpoint.

Eliminating parking minimums in Sandpoint created jobs, increased tax revenues, and had positive rippling effects through the city's economy.

The elimination of parking minimums in Sandpoint led to the creation of a small tech startup, a music venue, a popular taqueria, and a local winery.

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Sandpoint's Parking Policy Shift Sparks Economic Revival, Offers Lessons for Texas

A decade ago, Sandpoint, Idaho, made a strategic decision to eliminate parking minimums in its downtown area, a move that has since catalyzed millions in investments and revitalized its urban core. Aaron Qualls, Planning and Community Development Director for Sandpoint, credits this policy change with enabling a series of developments that have transformed the city's economic landscape.

The policy shift, enacted in 2009, was motivated by the recognition that mandated parking requirements were stifling downtown development by forcing businesses to allocate valuable land to parking spaces rather than productive uses. This change, achieved by altering a single line in the city's code, has led to notable successes, including the renovation of an old building by a tech startup, which increased the property's value by $2 million, and the conversion of a defunct furniture store into a winery showcase.

These developments have not only boosted tax revenues and job creation but also inspired Sandpoint to expand the area exempt from parking minimums in 2018 and reduce requirements citywide. The city's experience serves as a compelling case study for other municipalities, including Haltom City, Texas, where the Haltom United Business Alliance is advocating for similar reforms to stimulate growth in older districts.

The success in Sandpoint underscores the potential of rethinking traditional zoning practices to foster urban development and economic vitality. As cities nationwide grapple with challenges like declining populations and vacant storefronts, Sandpoint's story highlights the transformative impact of policy innovation on urban revitalization efforts.

Curated from 24-7 Press Release

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Building Texas Show

Building Texas Show

@buildingtexasshow

The Building Texas Show with host, Justin McKenzie, where he talks about the balance of business and governance and growth across Texas. We will interview the local leaders affecting the issues, business owners creating momentum and founders who are working to change the world, and inspire you to uncover the power you have to forge the future.