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Parking’s billion dollar impact
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We’re all guilty of it, cruising for parking, hoping for a free space. But what’s the downside?
In this 33-minute podcast, UCLA’s Donald Shoup gives us a rundown on parking’s catastrophic inefficiencies, highlighting poor policy and planning and the outright injustice of the entire sector.
Donald shares how he became involved in the sector, the actual cost of a parking space ($20,000+ for surface, $30,000+ for underground, even up to $80,000!), LA’s revolutionary “adaptive re-use” policy allowing for dozens of buildings to be refurbished (creating a real estate boon) and the policy of required spaces for restaurants and shopping malls.
With candor and subtle humour, Shoup advocates introduction of paid parking, the use of revenues locally and the end of the broken model of “each apartment must have two parkings spots”.
Next time: bassist Nathan East, Clapton’s bassist, 25% of the Jazz quartet Fourplay and session player on 2,000 (yes, 2,000) albums talks about starting out in a San Diego church, on stage at the Apollo at 16 and his new album Reverence.
Feed your soul. Keep listening.
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