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I'd prefer for there to be a more market incentive to build parking garages than a mandate for commercial/offices to have to all have their own parking, or effe
by AmpsterMan 6y ago
I'd prefer for there to be a more market incentive to build parking garages than a mandate for commercial/offices to have to all have their own parking, or effectively subsidized free street side parking. Think of all the surface area used up by cars parking on the street; pave that over with a sidewalk and allow bars/restaurants to set up shop there. That's what I would like.
- owowow 6y agoBuilding a parking spot in a modern building can cost $20k, which is hard to recoup with parking revenue. If the break even target is 10 years with no interest accrued, we are talking about $5.47 a day in revenue needs to be generated (plus the overhead of managing the lot itself). How many paid parking lots do you see that are full on a regular basis? Are they really generating revenue even half time?
- adrianN 6y agoSo you're arguing parking is way too cheap and we should make it more expensive. I think that's generally a consensus opinion among city planners.
- what2build 6y agoI’d prefer for there to be more market incentive to avoid needing as much car travel. Which is happening organically thanks to the cost of living increases, urbanization putting more people closer to necessity (which we should be expanding into neighborhoods; but austerity for the rubes, bailouts for failed CEOs and boards!), services like Lyft, and teens worried about the planet being sustainable for them in the future thanks to old people deciding it’s ok to just wreck it and die. Since the 80s the number of teenagers getting their license has fallen off a cliff, from 50-60% possessing one in the early 80s to less than 30% last I saw the numbers. The only group where possessing a license went up is 60-70 year olds. Let’s hope we’re on a downward trajectory of forcing the entire species to eat, sleep, and breath toxicity. Though looking at the US’s concern for its neighbors I’m not that hopeful. Full speed ahead towards the end of the world then. Super metal to ride the rocket into the sun.