Best Practice
Parking Management
Implement parking policies that discourage excessive parking lots and prioritize mixed land uses, using strategies like shared parking and pricing to manage parking demand. Common parking management strategies include
Reduced Minimum Parking Requirements: Lower or eliminate minimum parking requirements for developments, especially in transit-oriented or mixed-use areas. This encourages developers to create more space for housing, parks, and commercial uses instead of large parking lots.
Variable Parking Pricing: Implement pricing strategies that reflect demand and encourage efficient use of parking spaces. This can include higher prices during peak hours and lower or free parking during off-peak times. It helps reduce congestion and encourage alternative transportation modes.
Parking Cash-Out Programs: Employ employer-based programs that offer employees the option to exchange their parking subsidies for cash, promoting the use of alternative transportation modes or reducing parking demand.
Carpool and Ridesharing Spaces: Designate parking spaces for carpool and ridesharing vehicles to incentivize shared rides.
Park-and-Ride Facilities: Develop park-and-ride lots near transit stations to facilitate the use of public transportation and carpooling.
Compact Parking Design: Optimize parking lot layouts and use compact parking space designs to fit more vehicles into the same space.