Munich is building affordable housing atop parking lots

munich SAN FRANCISCO: A new plan for low-rent apartments takes advantage of all that unused space devoted to cars.

In Munich, the days when parking space was allowed to gobble up large chunks of city land may be ending. Like most thriving Western metros, Germany’s third-largest city is desperate for new housing but doesn’t have a whole lot of undeveloped space left. The answer, say Munich’s governing Social Democrats, is to build above parking lots, burying the city’s land-hogging car spaces under buildings filled with affordable housing…..

Full story covered in the Seniors Housing & Healthcare Trends.