Developers (mostly) don't have to worry about parking at new BeltLine projects.

The West’s once wide-open spaces are rapidly disappearing, paved into oblivion. If mountain towns are not to be destroyed by population pressures and fossilized planning, they must become innovative laboratories

Parking facilities are a critical part of a transportation system: vehicles are typically parked about 23 hours per day and require parking at every destination. These facilities impose various economic, social and environmental costs. This report describes how to estimate the number of parking spaces that exist in an area, their total costs, and optimal pricing. This information is important for many policy and planning decisions. Recent surveys indicate that typical North American communities have three to eight parking spaces per vehicle, including many seldom-used spaces. Considering land, construction and operating expenses, their total annualized costs per space typically range from about $600 for a basic surface lot on inexpensive land to more than $5,000 for high-amenity structured parking. Overall, their costs are estimated to average about $1,000 annually per space or $5,000 per vehicle-year, totaling more than a trillion dollars per year in the U.S. For every dollar a motorist spends on their vehicle somebody typically spends about a dollar on parking for its use. Most parking costs are external, resulting in higher taxes, rents and retail prices, plus significant environmental damages. These external costs are economically inefficient and unfair since they increase total parking and traffic costs, and force households that drive less than average to cross-subsidize higher-mileage motorists. More efficient parking management can provide larger savings and benefits than previously recognized.

Parking management refers to various policies and programs that result in more efficient use of parking resources. This guide describes and evaluates more than two-dozen such strategies. It investigates problems with current parking planning practices, discusses the costs of parking facilities and the savings that can result from improved management, describes specific parking management strategies and how they can be implemented, discusses parking management planning and evaluation, and describes how to develop the optimal parking management program in a particular situation. Cost-effective parking management programs can usually reduce parking requirements by 20-40% compared with conventional planning requirements, providing many economic, social and environmental benefits.

How More Efficient Parking Pricing Can Help Solve Parking and Traffic Problems, Increase Revenue, and Achieve Other Planning Objectives

Cities significantly underprice their roads and parking facilities, forcing local taxpayers to subsidize out-of-town motorists. Municipal officials have an obligation to better manage these valuable public resources.

The City of Victoria is currently engaged in a parking policy review which proposes reducing some off-street parking requirements (http://victoria.ca/zoningparking). These changes are good, but modest. This short report identifies much bolder reforms that would better align parking policies with other community goals. Although written for Victoria, the analysis and recommendations are appropriate for most municipalities.

The following pages demonstrate what we learned, and our understanding of the current demand for parking for affordable housing across the Front Range.

Center for Neighborhood Technology

Housing reformers from all over the country are currently in Portland, Oregon, for YIMBYtown, a national conference about housing abundance and affordability. Last week I was lucky to catch up with one of the panelists, Leah Bojo. Bojo worked as the policy director for Chris Riley, a city councilor in Austin. In that time the […]

“Folks in the #parking reform space often talk about construction costs in absolute terms ($60k per space). This graphic from @MadWIParking translates that number into monthly debt service. Revenues cover around $212 per month, leaving a $240 public subsidy for every stall.”

Mount Nicholson at the Peak, residential project jointly developed by WHARF HOLDINGS (00004.HK) a...

It's listed at $90,000. However, that's actually $10,000 less than what it was previously priced.

In exchange for financing an apartment project, banks almost always require a minimum number of parking spaces.

Victoria Transport Institute, 2009

Access magazine 2017

San Francisco’s affordable housing lotteries provide the closest thing to random experiments to find the answers.

There was an inherent unfairness about the rules, according to city staff. So they’re changed.

A single car parking spot in Cornwall was sold for a record-breaking £45,000 to a mysterious single buyer as the G7 summit has landed in the south coast county

A parking lot near the University of Southern California has sold for $5 million.

Two tasks in New York City seem like a complete nightmare: finding parking and affordable real estate. One listing on Zillow combines these two Herculean tasks into one horrifying real estate listing. It seems someone is selling one of the cheapest piece of real estate in the city — a parking space in Brooklyn, at $100,000.

We estimate the off-street parking supply of the seven most economically productive cities in Santa Clara County, California, better known as Silicon Valley. Using assessor data, municipal zoning data, and visual inspection of aerial imagery, we estimate that about 13 percent of the land area in these cities is devoted to parking, and that more than half of the average commercial parcel is parking space. This latter fact suggests that minimum parking requirements, if binding, depress Silicon Valley’s commercial and industrial densities, and thus its economic output. In an exploratory empiri...