Parking: The Good, The Bad, The Brilliant

PARKING ..... .. ..... THE THE THE GOOD BAD BRILLIANT Tired of driving in circles looking for that elusive parking spot? Technology may just change the way we park forever. PARKING PAIN POINTS Caused by drivers circling the block looking for parking. 6-14 MINUTES Percentage of drivers who abandoned their search for a parking spot in the last year: 60% 30% Average time searching for a parking spot. of Traffic THE FUTURE OF PARKING IS HERE ParkerTM by Streetline guides motorists to open parking spaces. The app was put to the test. Here are the results: Driving Time (Min.) Vehicle Miles Traveled Price of Space Per Hour 7:12 6:26 1.00mi .91 mi. $3.00 $2.68 .90mi 6:00 .80mi $2.50 .72 mi. $2.10 70mi 4:48 S:41 $2.00 .60mi 3:36 .50mi $1.50 .40mi 2:24 $1.00 .Somi 20mi 1:12 $0.50 .10mi 0:00 .00mi $0.00 Without Parker With Parker Without Parker With Parker Without Parker With Parker 43% 21% 22% With Parker Without Parker Motorist found available parking Motorist missed available parking 1 block away Finish Start n Start Finish THE IMPACT If 100,000 people used Parker three times a week, the annual impact would be: Vehicle hours on the roads Vehicle miles driven Gallons of gasoline used Pounds of CO2 emissions 712,956 HRS 3,021,964 MI. 177,763 GAL 3,142,843LBS. CO. www.theparkerapp.com SOURCES: PUBLISHED BY: http://shoup.bol.ucla.edu/CruisingForParkingAccess.pdf http://www-03.ibm.com/press/us/en/pressrelease/35515.wss STREETLINE Connecting the Real World