Those projects would provide residents nothing in the way of parking, said Sumeet Parekh, managing partner at HP Investors. They would, however, sell the downtown lifestyle, complete with rooftop decks and lounges. And, here’s the kicker, they’d be cheaper than neighboring, new-construction buildings. (Parekh said pricing hasn’t been determined yet for the HP projects, but micro units tend to rent from $1,300 to $2,000 and the HP units would fall in that range.)