Abstract Many cities build public garages at great cost but with scant public scrutiny or economic analysis. Other than aiming to recover the cost of debt service and operations, cities appear to have few clear policy aims in managing these garages. In this paper, we outline how U.S. cities currently manage off-street parking structures under their control. We argue that this management largely ignores the logic of both economics and public benefits. We also make the conceptual case for how cities should manage their parking assets to maximize public benefits. Finally, we examine the most promising example of off-street parking public management, using data from 14 garages included in San Francisco's SFpark program. We find that SFpark increased the public use of garages by more than a third, reduced the average price for drivers, and maintained a stable revenue stream for the city.
Highlights U.S. cities have few clear policy aims in managing off-street parking. We explain how cities can maximize the public benefits of their parking assets. Pricing off-street parking by demand is the optimal model for public management. SFpark increased usage of garages while reducing prices and maintaining revenue.
Optimizing the use of public garages: Pricing parking by demand
Transport Policy ; 44 ; 89-95
2015-07-11
7 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
Optimizing the use of public garages: Pricing parking by demand
Online Contents | 2015
|Traffic design of parking garages
Engineering Index Backfile | 1948
|Engineering Index Backfile | 1952
Parking garages in Western Germany
Engineering Index Backfile | 1960
Traffic design of parking garages
Engineering Index Backfile | 1949
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