Jan. 10, 2008 at 12:07am
US leading expert in parking methodologies Donald Shoup has a new video to explaing parking pricing theories. However, its not that complicated. This one uses match box cars. Pretty interesting. Professor Shoup's work is often cited by the city and other stakeholders.
Here it is:
As much as I like the video, his earlier one is more practical showing how parkings rates should be set "at the lowest price possible to obtain a 85 percent occupancy rate." If there is less than an 85 percent occupancy rate, parking should be free.
The goal is to have parking spaces nearly full all the time. If it is set too low, congestion occurs and no one can find a spot. Too high and it has the potential to drive people out of town. At any rate, the City of Tacoma should consider posting these videos on city web site to explain the issue of why rates are set (or should be set) at the rate to maintain 85 percent occupancy. If the education on the methodology is not explained well, Tacomans will consider parking fees as simply a municipal tax.
Model Ordinance for Setting Parking Rates (Redwood City)
Article : Paying to Park May Have A Place in Parts of Downtown
Home Page of Professon Donald Shoup (UCLA)
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