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