Grants Awarded for Parking Pricing Projects

Henry Wallmeyer

The U.S. Department of Transportation recently announced more than $363 million in grants from the Federal Highway Administration (FHWA) to fund a wide variety of highway improvements that include the Value Pricing Pilot (VPP) Program. The VPP Program supports a variety of strategies to manage congestion on highways, including tolling highway facilities through congestion pricing, as well as other methods that do not involve tolls, such as mileage-based car insurance and parking pricing. Awardees and grant amount included:

Multimodal, Dynamic Parking Pricing in Downtown Washington, D.C.
This project will implement dynamic pricing and a reservation system for commercial vehicle parking to manage metered curbside spaces in the congested downtown business district and tourist areas. It will encourage freight travel at off-peak times and enable tour bus operators to find parking, as well as use parking revenues to support transit services. $1,090,000 

ParkSmart New York City
The project continues the work of a previous pilot to introduce higher on-street meter rates during peak times in select neighborhoods to support retail areas by increasing vehicle turnover and allowing more vehicles to access on-street parking. It offers tailored pricing strategies in up to 25 new neighborhood retail corridors to reflect parking demand, and will reduce congestion caused by double-parked and circling cars. $950,000

Kendall Square Employer Transportation Benefit Pricing Trail
The city of Cambridge, Mass., and the Massachusetts Institute of Technology will evaluate the effectiveness of a range of current parking pricing strategies used by area employers and provide financial incentives to deploy and evaluate additional new strategies.  $743,872

Performance Parking System Implementation in Los Angeles
This project will install sensors to monitor occupancy and adjust prices for 543 on-street and 366 off-street parking spaces to reduce emissions while searching for parking. $600,272

San Francisco Metropolitan Transportation Commission Regional Parking Pricing Analysis Tool
This proposal creates a regional parking database that will allow localities to analyze the effects of various parking pricing scenarios designed to encourage transit and other alternative travel in the Bay Area. $560,000

King County, Wash., Park-and-Ride Pricing in Multi-Family Developments
This project will address a regional shortage in parking spaces at park-and-ride facilitates. The project will facilitate the paid use of parking spaces that are vacated during the day in multifamily neighborhoods along transit routes in the Seattle area, thereby allowing more use of public transit. $543,900

Parking Pricing Enhancement Study in San Francisco
This two-part project will study and assess options for implementing a residential parking pricing pilot and develop transferable technical specifications for SFpark, which would help other cities implement similar programs. $420,000

For the complete list of awardees, visit http://www.fhwa.dot.gov/discretionary/2012vppp.cfm, and be sure to download for free the FHWA’s Contemporary Approaches to Parking Pricing.

We encourage all parking organizations to explore the opportunity to improve their operations with the assistance of federal or private grants. For more information on the FHWA grants, please contact:

Allen Greenberg
U.S. Department of Transportation
Federal Highway Administration
202-366-2425
allen.greenberg@dot.gov