parking

What’s the best policy for managing spillover parking?

By Chris McCahill A new study in Transportation Research Part B suggests that while minimum and maximum parking requirements can be effective in some ways at managing spillover parking, they are anything but a one-size-fits-all approach. Using economic models, researchers tested the effects of

Chicago parking concession big win for investors, hard on curb management

By Michael Brenneis As reported by the Chicago Sun Times, the 2018 audit of the Chicago Parking Meters LLC (CPM) financial statement shows parking meter revenue of $132.7 million, down slightly from $134.2 million in 2017. In 2008, before the on-street parking lease to CPM began, and prior to a

Parking, ride-hailing, and shifting traveler needs

By Chris McCahill According to a new study out of Denver, one-quarter of ride-hailing trips replace driving, which reduces the need for parking, particularly at specific land uses. Difficulty parking is also a key reason people are shifting to ride-hailing services, which suggests that places

ITE takes on parking minimums and manuals

By Saumya Jain Once considered a pure public good, parking is now known as a public problem as well. Among other drawbacks, it occupies valuable land and curb space, and it encourages auto trips and emissions, in part by spreading out destinations so that non-auto travel is difficult. The

Washington, DC, improves parking and traffic with “asset-lite” pricing program

By Chris McCahill Washington, DC, just released the results from its four-year pilot program, parkDC, which applied dynamic pricing for on-street parking in Penn Quarter and Chinatown. Based on its success, the city is now working to expand the program beyond the pilot area. The program, which

Planners reevaluate parking requirements for affordable housing

By Brian Lutenegger The most recent issue of Planning, the magazine of the American Planning Association, examines how cutting parking requirements can also improve the supply of affordable housing. Minneapolis lowered multifamily parking requirements in some neighborhoods and the market

States and Feds explore solutions to truck parking shortfall

By Michael Brenneis Federally mandated driver rest periods are coming up against a truck parking shortfall, and leaving drivers scrambling to find legal parking, or park illegally. The trucking industry has grown over the last few decades due to overall economic growth and deregulation. One of

U.S. cities and developers beleaguered by too much parking, Mortgage Bankers report finds

By Eric Sundquist There are 83,141 households in the city of Des Moines, and 1.6 million parking stalls. Even allowing that some of those 1.6 million stalls are occupied by commuters originating from outside the city, that’s a pretty staggering disparity (Figure 1). And even accounting for

Cities and developers are preparing for a world with less parking

By Robert Benner Chandler, AZ, may be the first city to recognize that apartment dwellers will need less parking in the future. In anticipation of autonomous vehicles, the city is changing its zoning code to loosen parking minimums in new buildings. Developers welcome such flexibility, as

Studies suggest autonomous vehicles will have reduced parking requirements

By Brian Lutenegger A pair of recent studies suggests that autonomous vehicles (AVs) will revolutionize how vehicles park when not in use. As a result, parking structures will be able to hold far more vehicles than today, and some existing parking facilities may be repurposed to other uses and to