US EditionRising parking prices a sign of 'CBD vibrancy'? Not in Canberra, according to new paper
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Rising parking prices a sign of 'CBD vibrancy'? Not in Canberra, according to new paper
The Ray White Group report noted “modest but steady” growth in parking rates in the Civic area. Photo: Claire Fenwicke. Canberra appears to buck the trend suggested in new research, which indicates that the correlation between office market health and parking fees can be used as an economic indicator of “CBD vibrancy”. A paper from the Ray White Group has noted that limited parking supply, coupled with stronger office attendance (or limited offi…
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