Congestion: Myth 4

Manhattan congestion

Myth:
Current parking policies are effective at setting the right parking supply and reducing congestion.

Reality:

Current parking minimums lead to an oversupply of parking and induce driving, increasing congestion.

Cities could consider reducing or eliminating regulations that force builders to include a minimum number of parking spaces in new real estate developments. These policies create an oversupply in parking and can leave facilities under-utilized. Further it adds additional cost for developers — increasing the total building development cost.

On-street parking prices are not always set to market rates, which may induce circling, and drive congestion. A combination of setting market rates and introducing new parking technologies – to monitor the availability of spaces in real time – could cut down on miles driven while waiting for one to open up.

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Robotic Parking Systems can provide automated parking garages at least 50-60% smaller than typical concrete ramp garages while providing the same number of parking spaces. This allows for easier placement of garages in existing cities and could potentially replace on-street parking.

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The National Parking Association commissioned a top-10 consulting firm to
produce a
report on reducing congestion. The result: “Parking is a
solution to congestion.”

The report, “An Ecosystem Approach to Reducing Congestion,” reaffirms the role
of  parking in our cities. For the full study, visit WeAreParking.org/Congestion

© 2018 PwC. All rights reserved.
Produced with the participation of the National Parking Association