What if parking prices rose and fell based on demand?
Well, in Downtown Los Angeles a new program kicks off Monday to do just that.
The Los Angeles Times reports that wireless pavement sensors will monitor 6,000 meters and 7,500 off-street spaces in 4.5 square miles.
If it's busy, fees could jump to up to $6 an hour. If no one's waiting to park, meter time could fall down to 50 cents an hour.
Read the full Los Angeles Times article here.
The pilot project--called LA Express Park--also lets you put more money in your meter via cellphone.
The Los Angeles Department of Transportation is in charge with funding by the U.S. Department of Transportation.
Santa Monica is also testing out new parking technology.
Earlier this week the city began to put in meters that reset when a car left, creating controversy.
People will just go and shop in other nearby cities. This is not smart.
Look at Alvarado and down by MacArthur Park. All parking meters and no free parking. And, you can not even find parking. Pasadena has parking meters everywhere. I do not go to Pasadena for just that reason. Look at Burbank and Glendale, no parking meters in a lot of places and lots of free parking. These are business friendly cities. Councilmember Ed Reyes and Eric Garcetti do not get that. People stay away with parking meters and local businesses lose. No wonder there are no jobs.
I respect your opinion, however, the whole idea behind meters is NOT to "force customers to economize". (How is charging $6 an hour to park economizing?) It's to generate revenue. I am a "customer" of the business I am trying to park next to, I am not a "customer" of the state I live and already pay taxes in. What's next, cover charge at the CA boarder? Half price if you're a resident? The businesses near these meters do not get the revenue from the meters. That goes to the state. If the businesses suffer because of these meters, the city isn't going to help them.