Why Downtown Parking Garages May Be Headed for Extinction

For decades, providing downtown parking was a top priority for urban planners. Huge parking garages for commuters’ cars occupied prime real estate that otherwise might have been used for housing, stores or offices.

But ride-hailing services and autonomous cars are going to revolutionize parking in cities across the country — in garages, in lots and along curbs. By 2030, 15 percent of new cars sold will be totally autonomous, according to one estimate. One in 10 will be shared. And as it becomes easier for people to summon shared or autonomous cars when they need them, fewer people will want to own their own vehicle, meaning fewer cars overall...

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RSK: I would say eventually they may go away but not anytime too fast in our market area.

Ken Notes: If Madison were creative we could set a national best practice by parking on the outskirts and using shuttles to downtown... Imaging parking at AEC and being dropped off and picked up at your office door.