855773644-LEED-v5-BD-C-Reference-Guide-Launch-Edition - Page 101
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Engineers Parking Generation Manual [41] or comparable resource. The significant environmental benefit of less parking has been recognized in LEED v5 by increasing the point allocation from 1 point in LEED v4.1 BD+C: New Construction and LEED v4.1 BD+C: Core and Shell ( LTc4: Reduced Parking Footprint, Option 1. No Parking or Reduce Parking) to three points. Parking capacity must include all existing and new off-street parking spaces that are leased or owned by the project, including parking that is outside the project boundary but is used by the project. Onstreet parking in public rights-of-way is excluded from these calculations:
Equation 4. Percentage of parking capacity reduction
𝑃𝑎𝑟𝑘𝑖𝑛𝑔 𝑟𝑒𝑑𝑢𝑐𝑡𝑖𝑜𝑛= [(𝑇𝑜𝑡𝑎𝑙 𝑏𝑎𝑠𝑒𝑙𝑖𝑛𝑒 𝑐𝑎𝑝𝑎𝑐𝑖𝑡𝑦−𝑇𝑜𝑡𝑎𝑙 𝑝𝑟𝑜𝑣𝑖𝑑𝑒𝑑 𝑐𝑎𝑝𝑎𝑐𝑖𝑡𝑦)] × 100
𝑇𝑜𝑡𝑎𝑙 𝑏𝑎𝑠𝑒𝑙𝑖𝑛𝑒 𝑐𝑎𝑝𝑎𝑐𝑖𝑡𝑦
PATH 2. PARKING FEE
Implementing a parking fee for public or private parking is a common TDM strategy which aims to reduce the demand for parking spaces and encourage alternative and more sustainable transportation options, such as public transit, biking, walking, or carpooling. More importantly, it helps to address the true cost of parking, which not only includes the construction cost but also takes into account the land use, maintenance, environmental, social and economic impacts for building parking facilities.
Project teams must assess the daily, monthly, or annual market rates for parking in the local area, whether for public or private facilities. Teams are suggested to consider facilities of the same type, (e.g., surface lot, deck, underground deck, or covered parking). Teams must provide justification for the parking fee and set it at a rate that meets or exceeds these local market values. The project promotes fair market competition and encourages more sustainable transportation options by establishing parking fees at or above the market rate.
Option 2. Active Travel Facilities
Active travel facilities promote sustainable, healthy, and efficient alternatives to car-based transportation by providing comprehensive facilities that support cycling, e-bicycles, scooters, and other eco-friendly travel modes. Essential components include secure storage for bikes, well-designed on-road facilities such as dedicated lanes and paths, access to showers and changing areas, and bike maintenance stations. Together, these elements create an integrated system that enables convenient, active travel options for daily commuting and short trips. In recent years, these modes have surged in popularity and as of 2017, there were around 1,250
41 Parking Generation, 6th Edition (Institute of Transportation Engineers, ITE, 2023), https://www.ite.org/ite.org.
U.S. Green Building Council LEED v5 Reference Guide for Building Design and Construction, April 2025 Launch Edition 91