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Gordon Price: The Urban Land Institute BC hosted another session in their ‘Next Million Series’ on April 19 – this one on “Car Sharing and Changing Parking Requirements.”  Here are some of my notes.

 

SYLVAIN CELAIRE,  Modo:

  • A million more people by 2040 in Metro Vancouver means another 600,000 vehicles, based on past growth.  The average yearly distance driven would be 4,680 km.
  • It costs $9,500 a year to own a car.  Modo costs about $1,500
  • Each two-way car share replaces 9 to 14 cars.
  • Developers can save on parking about $140,000.
  • The biggest obstacle to car sharing is lack of understanding in how it can work for the user.  For the developer (according to Brad Howard of PCI) it’s how to incorporate a car-sharing vehicle into private space, like a condo’s parking garage.

 

ADRIAN BELL, Demand Management,  Translink

  • A Road toll of up to $3 equals a reduction of traffic up to 15 percent
  • There is a huge growth industry in mobility as a commodity, likely to begin with fleet management.
  • Self-driving fleets could remove the need for on-street parking and 80 percent of off-street parking

 

OBSERVATIONS FROM THE PANEL

  • Parking relaxations and consumer amenity are key realizations
  • Simple agreements are needed.  Developers avoid complexity.
  • Swiss model of car share at transit stops can be an extension of transit service, paid for through one system.
  • Three to four trips per week makes sense for car sharing.
  • The car-sharing demographic tends to younger and older. As millennials age with families, their kids will see car sharing as the new norm.
  • Insurance contracts are still out of date.
  • Big question of Automated Vehcilces is whether people will self own or share.

 

BIG TAKEAWAY

  • While the number of vehicles could be 600,000 for the next million people, it need be only 300,000.