Rebuilding Place in the Urban Space

"A community’s physical form, rather than its land uses, is its most intrinsic and enduring characteristic." [Katz, EPA] This blog focuses on place and placemaking and all that makes it work--historic preservation, urban design, transportation, asset-based community development, arts & cultural development, commercial district revitalization, tourism & destination development, and quality of life advocacy--along with doses of civic engagement and good governance watchdogging.

Wednesday, July 15, 2009

Parking prices holding steady, survey says

According to the Associated Press story printed in the Richmond Times-Dispatch. The short article states:

The economy is in distress and people are driving less, but that’s not affecting garage parking prices, according to a recent study. U.S. parking-garage owners and operators have managed to hold rates near last year’s levels, according to the survey conducted by real estate services company Colliers International. Monthly parking rates fell a modest 0.9 percent to an average of $154.23. Daily rates rose 1.2 percent, or 18 cents, to an average of $15.96 a day.

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While not an exact analogue, this puts into perspective the $15/year that DC charges for a residential parking permit.

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