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This sounds like it was pushed for by the development companies, not environmentalists. If this does anything except lower costs for businesses, I'll eat my shoe.
Environmentalists are very much in favor of getting rid of these parking minimums. The sprawling endless mega stores, impossible to walk between with massive parking lots that are never even close to filled but taking up valuable space all come from these policies. They were originally heavily pushed by auto makers on the basis of pretty much zero evidence. Less parking lots will create denser neighborhoods that are more walkable, bikeable, and improve both the efficiency and use of public transit. There will be more things nearby, lessening the need for cars or travel for simple errands to begin with. Many downtowns have been strangled by these requirements, becoming parking lot ghost towns that barely anyone lives in, killing local businesses in the end.
Here's an environmentalist take on the issue if you don't mind a video:
https://youtu.be/OUNXFHpUhu8?si=QlIPRBNk-nG7Ha5J
Does it increase walkability? Or does it just force residents to walk? Because those are not the same.
But if there is no infrastructure to accomodate not driving, you havent made anything more walkable. Just less traversable.
Walkability isnt when cars are harder to use so you have to walk, its when a space is designed to make walking convenient. This doesnt seem to be doing anything but making one type of transport harder to use. Without making other options better, its just going to build resentment in people for losing a formerly preferred transport and being forced to use currently worse transport instead.
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If it gets rid of the minimums, I'm not complaining.
I think the bigger part is it lowers the barrier to entry for others.
There are spots where, if I wanted to build a 10 br apartment complex, I'd have to have a 20 space parking lot. That means I either need more land or more construction for a parking deck. Expand that out to 100/200 units and you can quickly see where this becomes a barrier.
Not to mention, this further necessitates parking because now my nearest neighbor is further away, which could have simply been a bar or grocery store.
Now I'm not someone that can afford to build something that big, but I wouldn't be surprised to see new builders move into the market.