Attachment F - Carparking Evaluation -Noosa Carparking Study - McGagney report

                                                                                                                                                                                                        Noosa Council
                                                                                                                                                                                   Noosa Car Parking Study 2017 - 2032
                                                                                                                                                                                                          Final Report


6.2.2 Summary of Parking Policy Options
The parking policy options discussed above, their efficiency and effectiveness, have been summarised in Table 6-9. Shades of green have been used to visually display each
option’s score, with a darker green indicating a better score. It should be noted that higher costs score lower and are thus a lighter green. Efficiency considers the relative costs
and benefits of each parking policy option while effectiveness considers the ability of the parking policy option to impact upon parking demand in the short- and longer-term.

Table 6-9: Parking Policy Options
                                                                                                                                                                              Efficiency               Effectiveness
   Parking
                                      Key Features                                                             Potential Risks                                                                       Short-     Long-
   Strategy                                                                                                                                                        Benefits     Costs      Value
                                                                                                                                                                                                      term       term
                   Provides market flexibility to determine              Results in increase in demand for available public parking supply
   Remove           appropriate lower parking supply                      Does not facilitate in-lieu payments (a key potential revenue source)
  minimums /       No additional administrative burden for Noosa         Encourages developments with high parking demands to locate elsewhere (fringe)
                                                                                                                                                                     High        High      Average   Average     High
 apply parking      Shire                                                 Inappropriately low maximum parking rates can result in spill-over to surrounding
  maximums         Encourages parking sharing and unbundling              parking supply
                   Facilitates redevelopment of existing sites           Potential for new developments to shift parking burden to others
                   Provides market flexibility to not deliver on-site    Requires Noosa Shire establish a value for parking that is low enough to be
                    parking                                                attractive but high enough to fund the provision of improved travel options;
     In-lieu       Improves viability of redevelopment of smaller        Shifts responsibility for the provision of parking from the developer to the council;
  payments /        sites                                                 Users are not directly charged for the cost of parking, violating the principles of
   voluntary       Potentially funds the provision of improved travel     economic neutrality and consumer choice;                                                Average       Low       Average   Average   Average
 Infrastructure     options (alternative non-car travel modes)            Stymies the emergence of private parking operators and a more diverse market for
  Agreements       Provides flexibility if parking minimums are too       parking;
                    high / restrictive                                    Preserves the need for methods to estimate minimum parking requirements; and
                                                                          Potentially places large administrative burden on Noosa Shire
                   A trading mechanism that transfers parking            Administrative costs for Noosa Shire
  Transferable      resources from those developments which               Even with limits on supply, a flexible DA process is considered more robust than
    parking         require less parking to those who require more         artificial trading mechanism                                                            Average       Low       Average    Low        Low
  entitlements     Increases the flexibility with which developments     Must be carried out in conjunction with parking maximums
                    may operate in a situation with limits on supply
                   Encourages higher utilisation of existing / future      Difficult to enforce from a Council perspective
                    reduced parking supply                                  Requires parking minimums for implementation by developers
     Travel
                   Supports strategic objectives around                    Potential reduced revenue from voluntary “Infrastructure Agreements”
    demand
                    consolidated and reduced parking and alternate          Will need to be tailored to specific parking environments. Should not be applied
    parking                                                                                                                                                        Average       Low       Average   Average   Average
                    travel                                                   across Noosa indiscriminately.
   reduction
                   Can be implemented to reduce parking
   measures
                    requirements if parking minimums are currently
                    inappropriately high




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