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Committee hears staff recommendation to retain Miami Beach parking impact fee at current level
Summary
Planning staff recommended keeping the city’s parking impact fee at $40,000 per space after reviewing recent construction costs and usage; commissioners discussed broader parking policy reform and referred related land‑use policy matters to Land Use Committee and the full commission.
City planning staff told the Finance and Economic Resiliency Committee that the city’s parking impact fee—an in‑lieu charge for developments that provide fewer than required off‑street spaces—remains at $40,000 per space and that the administration does not recommend raising it to a construction‑cost‑adjusted figure.
Staff noted a recent parking‑garage project after CPI adjustment would translate to…
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