Trend: Reduce Traffic by Increasing Parking at Meters to $8/hr. 4 Bits Informed Intel.

What cities are imposing $8/hour meter rates?  Los Angeles, New York, San Francisco and Seattle

Is there a trendy name for $8/hour meters? Oui, Oui, it’s called so-called demand-price parking.

How does it work? Parking meters on busy streets that are close to shops and restaurants get a higher price per hour. Lower parking rates are availableon less busy streets  a few blocks away.

What are the goals? Is it revenue? The stated goals are:

  • reduce congestion
  • encourage aprking space turnover
  • help area businesses that benefit from parking space turnover

Stateline | Cities Try $6, $8 Hourly Parking to Cut Congestion, Pollution