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Can More Parking Actually Help Solve the Housing Shortage?

Summary by Mile High CRE
By Laura Dougherty, associate principal, Cushing Terrell In Colorado’s mountain towns, where developable land is scarce and demand for both workforce housing and visitor parking keeps growing, one unlikely solution is emerging: the parking garage. While the market has cooled slightly, home prices particularly in mountain communities through Colorado are still rising faster than the state average and prices haven’t come down substantively from th…
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Mile High CRE broke the news in on Thursday, December 11, 2025.
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