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Parking lots may boast slower vehicle speeds, but they do not have dedicated pedestrian sidewalks, so I'll call that safety argument a wash. You didn't mention what I think is one of the greatest values added by a parking garage, and that is the opportunity for upper story residents to rent dedicated parking spaces. Even with a little walk, at least having a reserved parking place makes living downtown more viable.

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That is a very valid point. The MKSK study talked about how the city is lacking residential choices, relying way too much on single-family residential lots. Downtown housing development can help turn this tide, and parking will need to be addressed.

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