[MissoulaGov] Even more fun wth parking

[Jim Sayer]

Here is another report that came out on parking just the other day - the link below talks about the report and also has some really interesting facts. Here's the link, followed by some knowledge nuggets.

http://www.streetsblog.org/2010/02/24/fun-facts-about-the-sad-state-of-parking-policy/#more-154661

Did you know that:

Ninety-nine percent of U.S. car trips begin and end in a free parking space.The average automobile is parked 95 percent of the time.Although
many businesses today believe they benefit from free parking, curbside
parking meters were actually introduced in 1935 by an Oklahoma City
department store owner. He wanted to increase parking turnover so that
there would always be spaces available for his customers.Conventional
parking policy counsels providing enough spots to handle car storage on
the 30th busiest hour of the entire year, usually the weekend before
Christmas. That means intentionally planning for an oversupply of
parking the other 8,730 hours of the year. At free parking spaces, 40 to 60 percent of vehicles overstay posted time limits.Parking typically represents a full 10 percent of development costs.
What's more, the people who actually park only pay 5 percent of the cost of non-residential parking,
meaning that public subsidies and developer capital pay for the rest. How
much space does parking eat up? Office space typically requires 175 to
250 square feet per person. In comparison, curbside parking requires
200 square feet per vehicle, and garages require 300 to 350 square feet
per vehicle.


--- On Thu, 2/25/10, Derek Goldman <derekmgold at hotmail.com> wrote:

From: Derek Goldman <derekmgold at hotmail.com>
Subject: [MissoulaGov] new study on parking pricing
To: missoulagov at cmslists.com
Date: Thursday, February 25, 2010, 10:49 AM




Folks might be interested in this new report on parking pricing from Todd Litman, Victoria Transport Policy Institute. (recall, Todd spoke last year at the Missoula in Motion annual awards luncheon.) --Derek 


"Parking Pricing Implementation Guidelines: How More Efficient Pricing Can 
Help Solve Parking Problems, Increase Revenue, And Achieve Other Planning 
Objectives" ( 
http://www.vtpi.org/parkpricing.pdf )
Efficient parking pricing can 
provide numerous benefits including increased turnover and therefore improved 
user convenience, parking facility cost savings, reduced traffic problems, and 
increased revenues. This report provides guidance on parking pricing 
implementation. It describes parking pricing benefits and costs, ways to 
overcome common obstacles and objections, and examples of successful parking 
pricing programs. Parking pricing is best implemented as part of an integrated 
parking management program. Current trends are increasing the benefits of 
efficient parking pricing. Legitimate objections to parking pricing can be 
addressed with appropriate policies and strategies.
 http://www.vtpi.org/parkpricing.pdf 


 

 		 	   		  
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