Evolution in folding bikes could help parking issues

www.youtube.com World’s Lightest Folding Bike Weighs Only 15 Pounds  The world’s lightest folding bike is here. The Hummingbird Bike Company has put its ultra-light, carbon fiber bike into production following a successful 2015 Kickstarter campaign. The two-wheeler weighs only 15 pounds. According to the London startup, the bike features a unique folding mechanism where “the rear triangle pivots around the bottom bracket, so the chain tension …

700,000 carless renters pay extra 13 percent for unused garage parking

August 7th, 2017, By Chris McCahill, SSTI, 700,000 carless renters pay extra 13 percent for unused garage parking A new study finds that garage parking costs the average renter an additional $1,700 per year (17 percent) nationwide. For the average carless renter, the extra cost of unused parking is $621 per year (13 percent). That amounts to $440 million in losses across …

People cut back on driving when they pay daily rather than monthly.

By Brian Lutenegger, SSTI News, 28 Aug 2017 The psychology of daily versus monthly parking fees The Seattle Times recently reported on the experiences of several major employers trying innovative ways to charge for commuter parking. These employers found that how parking for commuters is priced—on a daily vs. a monthly basis—makes a big difference in their employees’ commuting habits. By allowing their employees the …

Parking ranges from 14-25% of land used in urban areas and parking charges are 1-2% of local revenues. AVs need up to 90% less parking space.

Researchers from the University of Oregon released a study detailing how the rise of autonomous vehicles (AVs) could change how cities operate and how a city’s budget could be impacted by the rising prevalence of AVs. Among those impacts is a loss of parking and other traffic-related revenue. According to the white paper, parking charges, on average, account for between 1% and 2% of …

Property owners in Columbus are funding transit passes and avoiding the need to build parking

San Francisco, Boulder, Cambridge, and others have TDM ordinances requiring developers to include transit-oriented amenities in new properties.  Cities all over the country require developers to pay infrastructure impact fees, which often feed transit budgets. And employers often help cover the cost of their employees’ transit passes.  But Columbus’ program will be the first in the country where bus passes are …

If you’re renting a US city apartment without a car, 16% of your rent pays for parking you don’t need

Expensive spots. (Björn Andrén/Matton Collection/Corbis) By Michael J. Coren, Quartz, July 18, 2017 A whole generation of young workers are being priced out of renting (let alone, buying) in major cities. Parking deserves part of the blame, suggests a recent study. Since the 1940s, many US cities introduced minimum parking rules: for every new unit of housing, developers must also build a certain …

About 100,000 in Michigan get their driver’s licenses suspended every year because many can’t afford to pay off traffic fines and fees

By Niraj Warikoo , Detroit Free, 24 May 2017 – Trapped in poverty by traffic tickets Buy Photo (Photo: Junfu Han, Detroit Free Press) 835CONNECTTWEETLINKEDIN 123COMMENTEMAILMORE Adrian Fowler didn’t have a valid driver’s license, but with her infant daughter running a 103-degree temperature one day in the winter of 2013, she had to drive. Fowler’s driver’s license had been suspended earlier …