Brisbane City Council removes mandatory car parking in inner-city zones, potentially saving up to $100,000 per new apartment.
Brisbane City Council's Inner-City Affordability Initiative, announced by Lord Mayor Adrian Schrinner, removes mandatory car parking requirements in designated inner-city zones such as Fortitude Valley, Kangaroo Point, Milton, and Newstead. This move could save up to $100,000 per new apartment in inner Brisbane, potentially increasing housing supply and easing construction costs.
May 16, 2024
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