www.planetizen.com Open in urlscan Pro
2606:4700:20::ac43:447f  Public Scan

Form analysis
1 forms found in the DOM

GET /search

<form class="views-exposed-form bef-exposed-form" data-drupal-selector="views-exposed-form-search-search" action="/search" method="get" id="views-exposed-form-search-search" accept-charset="UTF-8" data-once="form-updated"
  data-drupal-form-fields="edit-search-keywords">
  <div class="form-row">
    <fieldset class="js-form-item js-form-type-textfield form-type-textfield js-form-item-search-keywords form-item-search-keywords form-group">
      <label for="edit-search-keywords">Search by Keywords</label>
      <div class="search__box-wrapper">
        <span class="input-highlight"></span>
        <input placeholder="Enter Keywords" data-drupal-selector="edit-search-keywords" type="text" id="edit-search-keywords" name="search_keywords" value="" size="30" maxlength="128" class="form-text form-control search__box">
      </div>
    </fieldset>
    <div data-drupal-selector="edit-actions" class="form-actions js-form-wrapper form-group" id="edit-actions"><button data-drupal-selector="edit-submit-search" type="submit" id="edit-submit-search" value="Search"
        class="button js-form-submit form-submit btn btn-primary">Search</button>
    </div>
  </div>
</form>

Text Content

Skip to main content
Advertise with us
Planetizen
search

 * News
 * Exclusives
 * Jobs
 * Training
 * Schools
 * Events
 * RFPs
 * Store
 * Log in
 * Join
 * user login
 * open search close search




WHY CHICAGO DOESN’T OWN ITS PARKING METERS

More than a decade ago, the city sold control of its curb parking to private
investors.

1 minute read

November 2, 2023, 7:00 AM PDT

By Diana Ionescu @aworkoffiction



--------------------------------------------------------------------------------

Matthieu / Adobe Stock

Writing in Jalopnik, Colin Woodard argues that the city of Chicago’s decision to
sell control of its parking meters to a group of private investors in 2008 was,
in retrospect, “a disaster for the city.”

“Not only did Morgan Stanley jack up the hourly rate on all 36,000 parking
meters, but it also requires the city to compensate it for lost revenue any time
something such as a parade or road construction temporarily prevents access to a
parking meter.” This includes adding new bus stops, raising another hurdle to
expanding the city’s bus network.

Woodard adds, “As it turns out, Morgan Stanley actually paid billions less than
the deal was worth, and the contract doesn’t expire until 2084, which means most
of us will be dead by the time it’s up.” Woodard links to a video from Climate
Town that explains the issue in more depth.

FULL STORY: Chicago Selling Its Parking Meters To Morgan Stanley Has Been A
Disaster For The City

Tuesday, October 31, 2023 in Jalopnik

Transportation Illinois Chicago Parking Meters Parking Parking Revenue Public
Transit Curb Space View More

Stay up to date with the latest news, jobs, and more.

Sign Up
Expand Comments




RELATED


OPINION: CHICAGO NEEDS AN OFFICE OF PARKING MANAGEMENT

The city of Chicago needs a local agency empowered to planning, studying, or
managing parking, according to a recent opinion piece published by Streetsblog
Chicago.

August 11, 2021 - Streetsblog Chicago


MOTORISTS SUE CHICAGO PARKING METER OPERATOR

A lawsuit claims a company's 75-year contract to manage the city of Chicago's
parking meters amounts to an "unreasonable" monopoly.

July 2, 2021 - Chicago Sun-Times


CHICAGO TRANSIT RELEASES 2024 BUDGET

The agency projects modest ridership growth while aiming to make long-term
investments in bus and rail improvements.

October 24, 2023 - Streetsblog Chicago


MOST READ


ARIZONA TOWN LOOKS FOR NEW WATER SOURCES, INSISTS DEVELOPMENT ‘FULL STEAM AHEAD’

While many Southwest cities are looking for ways to conserve water and limit
growth as water supplies become strained, one town is pressing ahead with rapid
development.

October 29, 2023 - The Guardian


FROM DEPARTMENT STORE TO APARTMENTS

A former Sears store has a new life as a housing complex.

November 5, 2023 - Fast Company


NEW YORK BIKE LANE GENERATES CONFUSION

A compromise road diet with “flex lanes” falls short of its promise.

October 30, 2023 - Curbed


LATEST NEWS


REPORT: NYC TRANSIT FALLING BEHIND ON ACCESSIBILITY

The city is lagging on meeting its pledge to improve accessibility across the
system.

14 minutes ago - BK Reader


LOS ANGELES IS QUIETLY LOSING BIKE LANES

While adding new bike lanes can be a long and contentious process, removing them
in favor of parking requires no public process.

November 7 - Streetsblog LA


HOW AI ENVISIONS AMERICAN NEIGHBORHOODS

How well does artificial intelligence ‘get’ U.S. cities?

November 7 - Chris Steins via Medium

Advertise with us


JOBS

Housing Officer

City of Bangor

Current Planning Manager

Gallatin County Department of Planning & Community Development

Associate Transportation Planner (JC-401408)

Caltrans

View More Post Job
Advertise with us


EVENTS

News from HUD User

HUD's Office of Policy Development and Research

New Updates on PD&R Edge

HUD's Office of Policy Development and Research

Free Speech Book Supplement

Washington University

View More Post Event


RFPS AND RFQS

City of Santa Fe General Plan Update

City of Santa Fe, New Mexico

2025 City of Helena Land Use Plan

City of Helena

Transportation Demand Management (TDM) Policy and Shared Parking Strategy

City of San Carlos

View More Post RFP
Image


URBAN DESIGN FOR PLANNERS 1: SOFTWARE TOOLS

This six-course series explores essential urban design concepts using open
source software and equips planners with the tools they need to participate
fully in the urban design process.

PLANNING FOR UNIVERSAL DESIGN

Learn the tools for implementing Universal Design in planning regulations.

View More
×


SEARCH

Search by Keywords

Search
 * News
 * Exclusives
 * Jobs
 * Schools Directory
 * Events
 * RFPs

 * Planetizen Courses
 * AICP Exam Prep
 * Planetizen Store
 * Planetizen Press
 * Planopedia

Planning: The professional practice and academic study of the future of built
and natural environments — from the smallest towns to the largest cities and
everything in between.

 * News
 * Exclusives
 * Jobs
 * Schools Directory
 * Events
 * RFPs

 * Planetizen Courses
 * AICP Exam Prep
 * Planetizen Store
 * Planetizen Press
 * Planopedia

 * About
 * Support
 * Write for Planetizen
 * Contact Us
 * Login

 * Advertise With Us

twitter facebook linkedin planetizen

Copyright Planetizen, Inc. © 2000 - 2023. All rights reserved.

✓
Thanks for sharing!
AddToAny
More…