Industry Insights

Parking History: How the Industry Joined the 21st Century

On July 16th, 1935 the world’s first parking meter was installed in Oklahoma City, OK. The Magee-Hale Park-O-Meter Company was born and citizens across the city began to feel the benefits of regimented parking. Prior to this newfound technology, people parked willy-nilly and local businesses suffered when potential customers couldn’t find an open space. Fast Read more about Parking History: How the Industry Joined the 21st Century[…]

There is a Parking Lot the Size of New Jersey

Well, not exactly. There is not really a black-top-covered, state-sized plot of land devoted to parked cars. However, new studies have revealed the increasing amount of available parking in America with a predicted square mileage big enough to cover the Garden State. Ask anyone who lives in or near an urban area and they’ll be the first to dispute the above statement. In a Read more about There is a Parking Lot the Size of New Jersey[…]

The Things You Can Accomplish When Parking is Made Simple 

You made great time getting onto campus or to the office. You’ve got plans to get in early and leave a few minutes early to get to the beach before dark. A smile strikes your face as you think of your day ahead. Amidst a daydream, you’re brought back to reality after realizing you’ve circled the parking garage three times already. Read more about The Things You Can Accomplish When Parking is Made Simple […]

Access Control Features Revolutionizing Vehicle Parking 

For many drivers, thoughts of parking in a large garage or lot can cause (but are not limited to) fever, headaches, depression, bouts of rage, and bad memories. However, these fear-inducing side-effects are about to become a thing of the past. New technology combined with big data and some creative minds have made way for a multi-billion-dollar industry where parking guidance and access control are improving constantly. Just in the last decade, the parking industry has shifted gears into an Read more about Access Control Features Revolutionizing Vehicle Parking […]

Attending Conferences to Make the World of Parking a Better Place

The world of parking is now bigger, smarter, and more technologically advanced than the average driver would have ever guessed. In order to meet demands of the growing $3 billion industry, conventions have sprouted to showcase parking’s shakers and innovators. On June 3, the International Parking Institute (IPI) hosted their annual parking expo in Orlando, Florida. With more than 3,500 attendees, the four-day convention drew the parking industry’s finest from Read more about Attending Conferences to Make the World of Parking a Better Place[…]

Smart Parking and Practicing Car Theft Prevention this July

Summer has arrived. As a result, it’s important to understand one of the most common (and depressing) forms of larceny in the United States while America enters the hottest season for vehicle burglary. In 2016, Americans lost nearly $6 billion to motor vehicle theft, according to the Federal Bureau of Investigation (FBI). July is Vehicle Theft Prevention Month—a reminder for drivers to brush up on crime prevention, safe and smart parking, minimizing loss, and the changing Read more about Smart Parking and Practicing Car Theft Prevention this July[…]

Are zoning laws effective for solving a city’s parking and traffic woes?

Planning and zoning boards all over the United States turn to parking regulations to curtail traffic. It’s been standard practice for decades: any new business, development or construction needs to prove they could meet parking space minimums, utilize off-street parking or may even be required to build new or additional spaces for their real estate Read more about Are zoning laws effective for solving a city’s parking and traffic woes?[…]

4 Ways Parking Garage Owners Can Maximize Profit

The parking garage industry generates between $25 billion and $30 billion each year, with some cities even experiencing a boom in paid parking garage opportunities. Sure, a parking garage can bring in thousands of dollars per day, but that’s only realized after the garage starts turning a profit. It costs about $50 per square foot Read more about 4 Ways Parking Garage Owners Can Maximize Profit[…]