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Smart Meters and Dumb Deals: What Chicago is missing out on.

  Much has been said about the parking meter fiasco and how badly Chicago has been burned. I don’t have any more to add. Rather, I’d like to focus on missed opportunities in parking technology – opportunities at the meter that support urbanism and can generate real revenues for the city. Principally, this opportunity revolves…

Supply and Demand in Downtown Residential Parking

I’d like to delve a little bit further into the pernicious effect of parking minimums, particularly as it distorts the market tenets of supply and demand. Seeing an article over the weekend in Crain’s Chicago Business about the decline in parking demand in downtown Chicago residential buildings, I could not avoid beating my favorite drum about the high…