Undoubtedly, parking is an important asset to many American cities and, as such, should be viewed as an integral piece of the each city’s transportation and land use system. However, like any land use or any piece of transportation infrastructure, it must be managed properly to ensure it works efficiently and adds value to the community. City officials can accomplish this by leveraging municipally owned parking—both onstreet and off—and by regulating and taxing privately owned parking.
Chris McCahill, and Satya Rhodes-Conway. Urban Parking. Mayors Innovation Project, 2015.