Millennials & The Future of Municipal Parking

Over the last decade, an overwhelming amount of literature has been produced in the public transportation field regarding Millennials and the future of personal vehicle ownership, and therefore the future of Municipal Parking lots. Most of the research indicates that Millennials are generally less car-focused than previous generations, and their transportation behaviours continue to change in ways that ultimately reduce personal vehicle driving. There are plenty of reasons that have contributed to this ‘shift’ in behaviour, including: dependence on technology, socioeconomic contributors (delayed marriage, the Recession), and lifestyle preferences (Millennials tend to prefer walkable communities). Recent studies and dialogues surrounding Smart Cities suggest City Planners are beginning to ‘rethink parking…by getting rid of it.’ At the centre of the dialogue surrounding the future of parking in cities is an assumption that Millennials apprehensiveness to drive and own private vehicles. This will predict future travel behaviours by them, and generations to come. 

Re-thinking parking by getting rid of it is not only short-sighted but does not fully take into consideration the travel patterns of Millennials. While some Millennials have certainly chosen to fore-go vehicle ownership, particularly in dense urban centres like downtown Toronto, Millennials surrounding the GTA in less dense cities, for example Mississauga, are still choosing to use a personal vehicle to move around.

While the technology surrounding self-driving cars is in place, and continues to evolve, the governing regulations surrounding self-driving cars are still in their infancy. Self-driving cars may eventually reduce parking demand considerably and will certainly change the way users pay for parking. It is reasonable that there be an emphasis on ensuring all future parking garages must be built in a manner that would allow for ‘future-proofing’ for self-driving cars, or to accommodate other uses if there…

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