Parking Hits Close to Home

The Wall Street Journal recently ran a story on Parking Panda Corp., a small parking company operating in Baltimore, Md., and Washington D.C.

Parking Panda helps parking facilities rent spaces to people looking for parking.  Here’s the cool part; the parking facilities that Parking Panda serves are not 800-space parking decks or sprawling surface lots. Instead, they are at city residences.  This small web-based company helps residents become parking facility managers by renting their driveways, garages, and carports to parkers.  This allows residents and homeowners to make money from unused driveway space on their properties.

Of course Parking Panda isn’t the only driveway sharing company on the scene.  Others such as Parkcirca of San Francisco and SpotHero of Chicago offer the same service, carving out yet another niche in the parking industry.

This type of driveway sharing is becoming more and more popular in big cities where parking can be costly and scarce during big events.  It also gives the everyday homeowner a window into to parking industry.

Can this new parking niche give the lay person a new perspective and even a new appreciation for the parking industry?  I hope so, but in any case, for many city dwellers parking is starting to hit closer to home.

About Frank L. Giles

Frank L. Giles is senior project manager at Lanier Parking Solutions and serves on the IPI Advisory Council, Conference Program Committee, and Safety/Security Committee.

Comments

  1. Julie E. North says:

    While at Oregon Health Sciences University in Portland Oregon, with the entire campus located on the top of a mountaineous turrain, the Neighborhood Committee provided parking permits, as well as tenants rented out their driveways. I recommend this type of parking, especially if your facilities have less parking than what is available geographically. The current parking program at OHSU includes a Sky Tram, for those who work on a newly created campus on the Willamette River Water Front, one can take transit to the hill, hop on the tram and be delivered to the new campus (down the mountain). The Sky tram links with streetcar services as well. For those municipalaties that provide free parking on city streets, the neighborhood permit program or homeowners leasing driveway space can be a great partnership with the community and still provide parking.

  2. Dethra says:

    Are there any companies doing this for events?

  3. phillip says:

    What a great idea… Very creative!

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  1. [...] Parking Panda helps parking facilities rent spaces to people looking for parking, in unused driveway… Share this:TwitterFacebookDiggTumblrLike this:LikeBe the first to like this. This entry was posted in MTA Complaints, Parking, Public, SFMTA budget, Shared vehicles, Taxi and tagged parking apps, ride sharing, SFMTA, sidecar, state laws, technology, transportation by zRants. Bookmark the permalink. [...]

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