Car Sharing Redefines the Value of a Parking Space

For many cities, car sharing has presented a compelling solution to public transit crowding and traffic snarls (see related story: “Car Sharing Widens the Lanes of Access for City Drivers“). Services such as Zipcar and Car2go offer the opportunity to cut the number of cars on city streets, but a price for hosting those services’ fleets is paid in the loss of precious, centrally located parking spots.

The potential impact of car-sharing fleets on parking availability for car owners was enough to make the community of Manhattan Beach, California, pause this week before approving a deal with the Daimler-owned Car2go. City council members said that a parking study was needed before they could support Car2go’s proposal to bring

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