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Tuesday, April 26, 2011

Video: The Right Price for Parking

Streetfilms has just tackled on-street parking pricing as part of its Moving Beyond the Automobile series (scroll down for the video).

Much of the focus is on San Francisco's SFPark initiative, which went live a few days ago. I am looking forward to hearing about the reaction when prices actually start to be adjusted up or down:

The first demand-based rate change at City SFpark on-street automobile parking spaces will be implemented over the coming months and will continue at SFpark garages and on-street motorcycle parking spaces. The SFMTA will adjust rates based on demand to find the lowest hourly rate possible in each pilot area to achieve the right level of parking availability to make parking easier. Rates will be adjusted no more than once a month and only in small increments of no more than $0.50 per hour. The goal of these pricing adjustments is to have at least one open parking space on every block at most times and parking garages that rarely fill up.


MBA: The Right Price for Parking from Streetfilms on Vimeo.

1 comment:

  1. I really wish Chicago did something like this. I don't they would make data public though. And the prices are the highest in the country. This is so innovative for the parking industry. Such an interesting video!

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