Moscow Mayor's Office to Reduce Parking Spaces in New Residential Complexes

Proposed changes could lead to a 20% reduction in the number of parking spaces

The Moscow Mayor's Office plans to change the calculation of the required number of parking spaces in new residential complexes and commercial real estate facilities, which will lead to a 20% reduction in their number. The new rules, reported by Kommersant, will allow developers to build fewer parking lots, which, in turn, will exacerbate the infrastructure deficit for car owners.

The draft resolution, developed by Moskomarkhitektura, introduces changes to document 945-PP, which has been in effect since 2015 and regulates the calculation of parking space construction standards. According to the new draft, the required number of parking spaces will depend on the area of the future building, its location (taking into account its distance from metro stations and the MCC), and a target indicator of 257 vehicles per 1,000 residents. Currently, the existing rules take into account many more factors, including the intensity of public transport and the density of development.

The Moscow Investors Club (KIM), representing the interests of major developers, supports this initiative, noting that reducing the standard will allow them to build 15–20% fewer parking spaces. This will only apply to projects whose design begins after the new decree comes into force. Anna Sokolova, Commercial Director of OM Development, stated that the new approach is in line with the capital's development concept, which aims to encourage public transport and reduce dependence on private cars.

Despite the growing demand for parking spaces in new residential complexes, their number will decrease. According to Metrium, 14,200 parking spaces were sold in Moscow in the first nine months of 2024, which is 28.1% more than last year, while the number of apartment sales transactions decreased by 6.8%.

The shortage of parking spaces is due to the fact that developers often open parking sales at later stages of project implementation. In addition, customers applying for a mortgage may postpone the purchase of a parking space for one to two years. As a result, the cost of a parking space in Moscow continues to rise, and they currently cost 2.5–3 million rubles.

These are not the first concessions for developers: in early 2024, the Ministry of Construction discussed the possibility of abolishing the requirements for the minimum size of parking spaces in new residential complexes. However, these proposals were not supported by a number of ministries, including the Ministry of Justice. Reducing the standard, as warned by Petr Shkumatov, coordinator of the Blue Buckets movement, will become an additional factor in the growth of prices for parking spaces and rent.

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