shared parking agreement

Isaac Kremer/ July 2, 2025/ / 0 comments

A contract between two or more parties that agree to share a common parking area for a predetermined amount of time; typically, this tool is used when adjacent property owners share their parking lots to reduce the number of parking spaces that each would be required to provide on their individual properties; best practice for Main Street-friendly zoning is to remove parking minimums for Main Street districts at the municipal level. (Davis, 2025)

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About Isaac Kremer

IsaacKremer.com is the personal website of Isaac Kremer, MSARP, a nationally recognized leader in the Main Street Approach to commercial district revitalization with over 25 years of experience. Kremer, New Jersey's first certified Main Street America Revitalization Professional (MSARP), has served as founding executive director for organizations like Experience Princeton and the Metuchen Downtown Alliance, which won a Great American Main Street Award under his leadership. He recently became director of the Royal Oak Downtown Development Authority in Michigan.

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