Friday, June 15, 2012

At Least It's Underground

Sadly, I imagine neighbors will be largely thrilled with this.

Horsham-based Toll Brothers hopes to replace the large hole at 410 S. Front St. in Society Hill with a 69-unit, 68-foot-tall, gated condominium with 108 underground parking spaces.

That's more than one per unit. Anyway, it isn't the worst thing in the world, but if I ran the world I'd require condo developers to unbundle the residential units from the parking spots. If people wanted spots they could buy or rent them separately. Or not.

Sure the underground parking keeps cars from parking on the street, but it also makes sure that buyers are going to be car owners, attracting people willing to pay that extra for the spot. So there will be more cars and traffic.