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Optimal Pricing of Public Parking Garages
Optimal Pricing of Public Parking Garages
Cities are coming around to the idea that on-street parking should be managed and priced based on the demand for the space. San Francisco, for example, created SFpark, a program that adjusts the prices of 7,000 parking meters to achieve a target occupancy rate for on-street spaces, and received much praise among transportation policymakers and professionals. Yet as on-street parking management programs garner attention, cities routinely build off-street parking garages at great cost with scant public scrutiny. Other than recovering the cost of building and maintaining the garages, cities co...
·transfersmagazine.org·
Optimal Pricing of Public Parking Garages
Converting Garages for Cars into Housing for People
Converting Garages for Cars into Housing for People
The United States has a large supply of residential garages that could be converted into affordable apartments. Unfortunately, off-street parking requirements prohibit converting most of these garages for cars into housing for people. Converted garages in single-family neighborhoods are variously called second units, accessory dwelling units, garage apartments, granny flats, and backyard cottages. To convert a garage into an apartment, off-street parking requirements typically force a homeowner to replace the two garage parking spaces with two new parking spaces, plus an additional off-stre...
·transfersmagazine.org·
Converting Garages for Cars into Housing for People