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Executive Summary
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Strategy Profiles
    
1 Land use
     2 Bicycle/Pedestrian
     3 Bicycle/Pedestrian
     4 Bicycle/Pedestrian
     5 Travel Demand
     6 Travel Demand
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     8 Transit
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     13 Goods Movement
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     16 Roadway
Acknowledgments

Press Release

 

 

 

 

 

updated 09/23/99

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6 Cashing Image23.gif (21598 bytes)
- Out of Parking
Pilot Program

 

 

 

The Situation Free parking permeates the Route 1 Study Area, but is not atypical - studies have shown that 9 out of 10 workers who drive to work receive free parking. This availability of free parking encourages driving, particularly the drive-alone commute. Cashing-out of parking (a parking management strategy by which employees receive $ equal to what the employer would charge to park - they can then continue to park and pay, or keep the money and find an alternative way to work) is a viable and very effective parking management strategy, but is not very well understood (or used) in this part of the country.
The Proposal Develop a Cashing-out of Parking Pilot Program with the objective of having at least one employer within the Route 1 Study Area participate.
The Locations Study Area
The Actions Research the national experience with cashing -out of parking; research local experience with cashing-out of parking; solicit interest from employers in participating in the Pilot Program; conduct interviews/focus groups; develop Pilot Program and structure to be transferable to any employer wanting to try the program. Conduct follow-up to gauge success/failures, lessons learned.
Estimated Annual Cost ($Millions) $0.1 to $0.2
Overall Traffic Benefits Moderate to High (enhances Commuter Options strategy)
Other Impacts and Considerations There is reluctance among employers to take on the additional administrative responsibilities, even though the net cost to employers is small. To be effective, the program will need to be (eventually) applied region-wide.
Lead (Sponsor) KMM
Support NJDOT, Employers
Possible Funding STP, TTF, CMAQ
Estimated Time Frame Short Term for Pilot Program; Long Term for Region-wide application

 

 

(Note: the Pilot Program is being pursued as part of the NJDOT’s Route 1 (Section 7L) project)

Continue to Strategy 7