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RealShare Austin Molly Alexander discusses the millennial trend vs. millennial movement at RealShare AUSTIN.

AUSTIN, TX—The preferences of the millennial generation and transportation issues, particularly how a potential decrease in downtown parking coupled with the retreat of ride-sharing companies impacts the city, took center stage at RealShare AUSTIN, held here June 2 at the W Hotel. Not surprisingly, millennial was the topic of the day beginning with developers discussing ride sharing and the possibility of dissipating parking facilities.

“We’re trying to find a balance,” said Matt Mathias, principal of Mathias Partners, in response to whether parking garages will soon become obsolete as the growth of walkable communities gain strength.

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