This page contains a Flash digital edition of a book.
PT BLOG


JVH comments on Parking News every day at PT Blog – log on at www.parkingtoday.com. Each month, there are at least 40 other comments like these, posted daily.


Parking And Traffic (PostedMarch 18) UCLA Professor Don Shoup and


Robert Poole of Reason Foundation (are among speakers tomorrow at an event) in LA.Most are academics, so it will be good to hear what Poole has to say. The foundation typically uses the marketplace as a problem-solver, and my guess is that, twinned with Shoup, this will be a talk about letting the free market set pricing for parking so that people will be motivated to find alter- native means of transportation. It’s a great idea. Think about it:


Charge for parking what it’s worth.On- street parking is limited, so the price would go up. Parkers would move quickly off the streets to the lower- priced garages and stop cruising look- ing for cheap parking. On-street would keep rising until there were a few empty


spaces, and off-street would rise as demand required. Those who couldn’t afford to park


would think about carpools, public transportation or, in the end, moving near the areas they wish to visit. Far-fetched? It’s already happening. Jerry Skillett from Central Parking


told me that studies have shown that people are moving back into the central city in droves. Not only empty-nesters, but also young couples who see the interaction with their peers in the city more of a draw than that white picket fence and four-bedroom bungalow. It’s happening right before our eyes. Downtown LA, for instance, is full


of upmarket folks who live in lofts and walk to work. Atlanta and Minneapolis are seeing much the same thing. The more things stay the same, the


more they change. (You can read what Shoup and


Poole had to say in this month’s Park- ingToday.)


Parking Taxes, andWhat to Do,What to Do? (PostedMarch 18) Baghdad by the Bay tried to


increase its parking tax four years ago, and a coalition of operators, business owners, developers and unions beat back the attempt with a full court press. According to City Park’s Tim Leo- noudakis, who led the parking portion of the defense, it took strategic position- ing, planning, lobbyists, a media blitz and a bunch of money (somewhere north of $300,000). But they were successful, and the


proposition went down to defeat, 67% to 33%. Not too shabby. Plus, they sent a message that the businesses in San


ARE YOULOOKINGFORANEXIT? WEWILLBUYYOURPARKINGFACILITY.


If you own parking and are looking for an exit strategy or redevelopment partner, call Next Parking.We are able to quickly evaluate opportunities and offer flexible transaction structuring.We are well-capitalized and understand the complexities of parking analysis and finance. Contact Bob Caplin at 847.881.2004 or rcaplin•nextparkingllc.com


See us at the IPI booth #414 60 MAY 2010 • PARKING TODAY • www.parkingtoday.com


See us at the IPI booth #433


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76