Beijing-parking-ITDP-China

Parking price:Parking duration:TimeResidential Commercialunderground undergroundSetback7:00-21:00 1 RMB/ 15 min 1.5 RMB/ 15 min 1.5 RMB/ 15 min21:00-7:00 1 RMB/0.5 hr 2.5 RMB/ 30 min 2.5 RMB/ 2 hrsMonthly 1,200-1,300RMB N/A N/A11%8% 4%13%64%=8hrParking is fairly long (28% parking over fourhours) due to officesParking survey results:The underground parking lot is busiest overnight and at 7.00am has its maximum occupancy of 29% and a large section of thegarage is closed. Turnover is very low at 0.89 cars/parking space during the survey hours between 7.00am and 10pm. Due tothe existence of ground-floor shops and cafes, most parking (64%) is under one hour but note that overnight parking is notincluded in this calculation. The 57 setback parking spaces should be removed, this parking demand shifted to undergroundparking and the setback parking used for public space.Indicator value unitUnderground supply 2,202 parking spacesSetback supply 157 parking spacesAverage occupancy rate for all parking spaces 20 %Turnover rate for all parking spaces in 14 hours 0.89 timesMaximum demand 660 carsPeak parking time 7:00 AMParking occupancy:25002000Parking demand1500100050007:007:257:508:158:409:059:309:5510:2010:4511:1011:3512:0012:2512:5013:1513:4014:0514:3014:5515:1515:4016:0516:3016:5517:2017:4518:1018:3519:0019:2519:5020:1520:4021:0521:3021:55total occupancy (both underground and setback)underground parking supplyBeijing Parking, ITDP-China 801 March 2015