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What is pooled parking?

  1. Parking spaces shared among multiple buildings

  2. Individual parking for each building

  3. A parking area with only public spaces

  4. Parking reserved for delivery trucks only

The correct answer is: Parking spaces shared among multiple buildings

Pooled parking refers to a system where parking spaces are shared among multiple buildings or uses rather than being allocated specifically to one building alone. This approach maximizes the efficiency of parking space utilization, as different buildings may require parking at different times. For example, if one building's workers leave in the evening while another's visitors arrive, the same parking spaces can serve both needs. By pooling parking, there is often a reduction in the total number of parking spaces needed, which can lead to cost savings and more efficient land use. It supports sustainable development practices by encouraging shared resources and reducing the environmental impact associated with constructing individual parking facilities for each building. The other options represent more isolated parking arrangements, which do not leverage the potential benefits of shared spaces. Individual parking for each building could lead to an overabundance of unused spaces and increased land consumption. A parking area with only public spaces does not necessarily indicate shared use among various buildings, as it may limit access to those spaces. Similarly, parking reserved for delivery trucks only is a very specific purpose and does not incorporate the concept of shared spaces among multiple entities.