"Shall We Share Parking Spaces?" Ulsan City Promotes Parking Lot Sharing and Opening Project

Applications by phone or visit to district/county transportation departments until the end of May

Support for parking lot opening facility costs and private property tax reduction

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] A project to share parking lots to alleviate parking difficulties will be launched in Ulsan.

On the 13th, Ulsan City announced that it will promote the "2021 Parking Lot Sharing and Opening Project" to improve the chronic parking problem.

Ulsan City will support parking lot maintenance costs if parking lots attached to buildings such as schools, religious facilities, commercial buildings, and apartment complexes in areas with severe parking difficulties (with 20 or more spaces) are opened during idle hours for more than two years.

Support will be provided for security facilities such as outdoor security lights and surveillance cameras (CCTV), parking-related facilities such as pavement and parking lines, and various safety, control, and management facilities for operation and management.

Additional benefits under consideration include payment of parking lot liability insurance premiums and reduction of traffic inducement charges for private buildings.

If privately owned idle land without building plans is opened for parking purposes for more than two years, property tax reduction benefits will be provided to landowners, and projects to create parking lots by district offices will also be promoted.

However, areas where parking difficulties are not severe or where excessive civil engineering work is required may be excluded from the project target areas.

The application period is until the end of May, and inquiries can be made by phone or visit to the transportation (administration) department of the district office.

The total budget for this year's parking lot sharing and opening project is 270 million KRW (50% city funds, 50% district funds), and the project will be promoted until the end of the year after priority evaluation and final support selection. If there are many applications, the project scale will be expanded next year.

This content was produced with the assistance of AI translation services.