11-23-2015, 02:36 PM
The initial key is indeed finding zones of co-location, either high density of residences or residences close to commercial/retail with a demand for parking. I'd love to see Kitchener find a block that's slated for redevelopment, and alongside the first development (of let's say 3-4), build excessive parking for that development in a structured environment where you could have residential parking alongside monthly and/or hourly spots. If it was found that 30% of the spots were in use for the residential component, and another 20% were in use enough to justify leaving them in for monthly/hourly pay parking, then the remaining 50% could be used in conjunction with one of the next developments, allowing for them to reduce their built-in parking. You'd need a mechanism to buy/sell parking from your possession into/out-of the monthly/hourly pool, so that you wouldn't be concerning buyers about committing to a car-less life that can only be sold to other car-less buyers later on.