The free parking that Americans love isn’t really ‘free’ at all. A recent parking garage project in New Haven, Conn., for example, cost more than $30 million for almost 1,200 spaces – that’s more than $25,000 per space. If you were to finance it using a mortgage, the actual cost would be over $40,000 per space. This breaks down to roughly $135 a month, or $1,600 a year per space – not including externalities like the air pollution and congestion created by increased trips drawn by cheap parking. Even when garages and meters charge for parking, they rarely charge the real value of the parking space.

Free Parking Isn’t Free - Worldchanging

Welcome to the official PARK(ing) Day Twin Cities website. This is your go-to spot for everything PARK(ing) Day related in the Twin Cities.

Hey everyone, let’s turn all of these parking spaces into PARK(ing) spaces!