• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

No Parking: Report says big box retail seeking less space for cars

The parking lot at the Wood Village Walmart in Oregon. (Google)

They paved paradise and put up a much smaller parking lot.

The Sightline Institute, which promotes sustainable development in the Pacific Northwest, is reporting that those oversized parking lots surrounding giant brick-and-mortar retail establishments are shrinking — usually the retailers’ request — and local governments are now rethinking the amount of space they will demand to be reserved for car storage around such buildings in the future.

The Institute singled out the largest Walmart in the Portland, Oregon region as an example of a store that has too much parking for its own good. That store, in Wood Village, Oregon, has been scaling back the number of spaces since as far back as 2004, when a 45 percent expansion of the store resulted in 36 percent more spaces.

“Every time we reevaluate, we pull it down a little bit,” Walmart’s head of real estate John Clarke said in this year’s Institute for Transportation & Development Policy report on parking reform.

That size of the parking lot at the Wood Village store has been reduced further post-Covid, with large portions of it roped off, and another area being used to store shipping containers. Those moves have had little impact on shoppers, who, even on Black Friday this year, still had plenty of spaces to choose from, the website said.

Most municipalities now demand more parking spaces per square foot of store space than the retailers want, according to the report, with big chains like Walmart seeking zoning variances so they can decrease the number of spaces the government demands, saving money on the cost of land.

The trend of smaller parking lots started in earnest pre-pandemic, when online shopping but a big dent in the number of people driving to stores. Back then, retailers like Macy’s started selling off land designated for parking to help invest in their online shopping presence.

But it was exasperated by the onset of Covid-19, and now parking lots that once provided free car storage while shoppers filled their bags with goodies are being used for storage, entertainment such as drive-in movie theaters, and in one case, tiny structures for the homeless to sleep in.

[Sightline Institute] — Vince DiMiceli

[contact-form-7 404 "Not Found"]

The post No Parking: Report says big box retail seeking less space for cars appeared first on The Real Deal Los Angeles.

Powered by WPeMatico

  • 31 December 2021
  • The Real Deal
  • Uncategorized
  •  Like
Spruced-up caboose a hit on AirB&B →← In memoriam: Remembering the influencers real estate lost in 2021
  • Recent Posts

    • LA County greenlights self-certification for Altadena rebuilding May 8, 2025
    • Irvine Company aims to transform golf course into village of 3K homes May 8, 2025
    • Former LA police commissioner, prominent attorney to list Bel-Air estate for $24M May 8, 2025
    • Movers: Gambino Group nabs LA, NY agents May 8, 2025
    • Sacramento investor lists 270K sf DTLA office park leasehold May 8, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM