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Research Article

An Alternative Approach to Funding Parking Structures

By Martindill, M., & Perry, J.

Full Citation

Martindill, M., & Perry, J. (2022). An Alternative Approach to Funding Parking Structures. In Handbook on Public Private Partnerships in Transportation, Vol II: Roads, Bridges, and Parking (pp. 289-305). Cham: Springer International Publishing.

Key Findings

The paper presents creative financing alternatives for funding structured parking through the implementation of public-private partnerships (P3).This approach has resulted in projects that have helped to revitalize or transform many communities and campuses, and that would have otherwise been impossible without these creative financing structures. The paper includes an examination of the various P3 structures, best practices and lessons learned, and a look at numerous successful P3 projects and the various elements that came together to make them work.

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