A parking ratio (also known as a parking standard or parking coefficient) is an urban design and construction concept that determines the maximum number of parking spaces that must be provided for a particular property type or land use. This ratio is usually defined as the number of parking spaces per unit of use, such as per square foot of floor area, per apartment, per restaurant space, or per hotel bed.
Parking ratios are set by local building codes or zoning plans and are intended to ensure that there are sufficient parking spaces for visitors, customers, and residents. These standards can vary significantly depending on local conditions, property type, expected intensity of use, and the availability of alternative transportation options such as public transportation.
FLA (an acronym for ) is a term used in the field of commercial real estate to designate a future lease contract. A Future Lease Agreement i...
A landlord is a person or company that owns a property and rents it out to tenants.
"Shell & Core" is a term used in the field of commercial real estate to describe the state of a building or space that is available for leas...
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