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Property News

New car share spaces for Sydney property

November 04, 2011

Some commercial developments in Sydney will benefit from new parking spaces as part of the NSW capital city's innovative car share policy.

Lord mayor Clover Moore said yesterday (October 19) that Sydney's car sharing scheme has close to 7,500 local members and the city has plans to aggressively double its membership within the next five years.

By 2016, she aims for the scheme's membership to reach 15,000 people - roughly one in every ten households based within the jurisdiction of the City of Sydney - which means that new parking spaces will be needed.

She said: "The city will continue to extend car share parking places to new residential and commercial developments and carparks."

Moore added: "This is an important step in our sustainable Sydney 2030 objective of reducing carbon emissions by 70 per cent."

Sydney's innovative car sharing scheme recently was honoured with the International CarSharing Association Award for Excellence in Montreal, Canada, beating rival cities in north and South America that also offer car share programs.

According to Moore, up to nine private cars can be replaced by a car share vehicle - and an estimated one-quarter of current Sydney members have either sold their car or put off buying a new one since they joined the program.

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