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Buses World News

In brief: Worldwide montly news & informations about Buses, Busmakers, Passengers' and the Transport Industry

5.5.11

Urban Traffic Problems * USA - A silver bullet for

Some of the most valuable real estate in cities is hidden beneath parked cars ...


New York,NY,USA-CNNMoney, by Eilene Zimmerman -April 29, 2011: ... For managers of urban resources, this turf is a blind spot...   There's no real-time data about how it gets used, and you can't manage what you can't measure. Experts believe that some 30% of urban traffic comes from cars hunting for parking spaces... Enter Streetline, a 30-employee company in San Francisco that creates and installs wireless sensor networks to monitor parking spaces. Each sensor uses a magnetometer to detect the presence of large metal objects nearby... The sensors communicate wirelessly, signaling whether spots are occupied or vacant, gradually collecting data to reveal local parking patterns. That information allows cities to price their parking spaces according to their actual value, factoring in supply and demand as they would with any other piece of real estate... With that data, cities can both help ease congestion and boost their meter revenue... More cities are coming around to his way of thinking. During its first four years of business, Streetline closed only two deals. In the past six months, it closed six of them... (Photo from money.cnn: Lower East Side Seniors Home Eyes Seward Park Lots SPURA: Parking)

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