Pricing Parking by Demand: Assessing Price Adjustments in the SFpark Program

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Author(s):  Gregory Pierce and Donald Shoup

In 2011, San Francisco adopted SFpark, the most innovative pricing program for parking since the invention of the parking meter. SFpark aims to vary the price of curb parking by location and time of day, with the goal of achieving a consistent block occupancy rate between 60 and 80 percent. This occupancy rate ensures that curb parking is both well used and readily available. Over two years, SFpark adjusted prices every two months in order to achieve the 60 to 80 percent occupancy rate, and this article assesses SFpark’s overall performance with respect to such price changes.

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By | 2017-05-10T15:37:00+00:00 September 9th, 2016|