Parking garages take up an enormous amount of space in retail zones and bring less value than a retail store, business block, or housing complex in the same area.
Sadly, in a world where almost everyone drives, they’re a necessity if a city or supermarket wants to avoid congestion and road accidents.
See Also: Taking a look at the future of next-generation transportation
It is no surprise then that AvalonBay Communities, a real-estate investment trust, is eager to see the introduction of self-driving cars