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Parking Meter Revenue Distribution Needs Rethink | 100 Ideas For Cities

Metered parking that keeps the revenue directly for the streets where they are situated turns parkers from interlopers to benefactors.

Only the city blocks with parking meters receive the added services financed by a part of meter revenue. Meter revenue can then pay to improve the streetscape and to convert alleys into walkways with shops and restaurants.

As a result, retailers in areas where parking is a recurring issue no longer resist but instead seeks to maximise on-street paid parking, because it funds projects that boost their property values and profits.

100 Ideas For Cities: A Project Commissioned By Fgc Consulting For Future Gold Coast. Posts Written By M Roach And Adapted From Other Sources Where Noted. For More Information On This Project Contact Mr@futuregoldcoast.net

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