Parking management – an unlikely economic development tool

During the era of interstate highway construction, and the resulting demographic shift from city to suburb, municipalities worked to provide auto access to their downtowns, hoping this access would support economic growth. However, mounting evidence shows that this came at the expense of the very economic vibrancy cities sought and does not help reduce roadway congestion. Costs associated with accommodating cars, particularly for parking, are outweighed by the long-term economic costs.