Comment 112662

By Pxtl (registered) - website | Posted July 08, 2015 at 10:48:58

A frustration with parking lots is that the bulk discount is counter to the behavior that wants to be encouraged. The Monthly pass means that, if an employee wants to take a bus or a SoBi bike one day, they may actually be wasting money because they've already got the spot paid for the day. Also, the gap between the hourly and the daily rate means consumers downtown are discouraged because if you've got 2 or more driving destinations, you could wind up paying more than a full daily rate for only a couple of hours of parking.

This hits me directly: I commute by bike on days when I'm not picking up my kids from camp. I pay daily parking when I drive. Now, my lot has a smaller gap between the daily and monthly rate - if I drive more than 14 days in a month, I should have purchased a pass.

If you think about it, the ratio of "monthly vs. daily" is a good metric. With about 20 workdays in a month, a zero-subsidy on monthly passes would be 1:20. Most city lots have a ratio of 1:10 or 1:12. The private lot I park at is actually better than the city lots with a ratio of 1:14.

It's ridiculous when private parking-lot companies are actually better than the city lots about this.

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