Pay As You Park

28 May 2005 - 9:00am

UCLA professor Donald Shoup inspires a passion for parking.

"Shoup's message is clear and simple. Parking is a scarce resource that can be mined by local governments to produce revenue for neighborhood improvements. "Cities should begin to see curb parking through the eyes of a parking lot owner," he says. They should also reevaluate off-street parking requirements. Land that's now devoted to parking lots could become housing. Further, employers who provide free parking should allow workers to "cash out" their benefit and use it for transit — or decide to walk or ride a bike to work instead."

Full Story: Pay As You Park
Source: Planning Magazine, May 27, 2005
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.