LA Express Park™ Intelligent Parking Management (IPM) Project Fact Sheet

LA Express Park™ Intelligent Parking Management (IPM) Project

August 6, 2012 Time of Day Prices Fact Sheet as of July 26, 2012

On August 6, 2012, Time of Day pricing will go into effect in two neighborhoods of the LA Express Park™ Project Area: Chinatown and Fashion District East. Meters that receive Time of Day pricing will have up to four different prices (three week-day time slots and a Saturday time slot) depending on the meter’s occupancy statistics and enforcement hours. In some cases, a meter’s weekday price will remain constant but its Saturday price will change. In addition, certain meters in Chinatown will experience a flat price decrease from $1.50/hr to $1.00 hr.

This fact sheet provides the specifics of the August 6, 2012 Time of Day price changes

  • Four time segments:
    • Mon-Fri 8AM-11AM
    • Mon-Fri 11AM-4PM
    • Mon-Fri 4PM-8PM
    • Saturday all enforced hours
  • 655 meters in two TOD zones
    • 427 in Chinatown
    • 228 in Fashion District East
  • Of those 655, 606 will have rate changes
    • 425 in Chinatown
    • 181 in Fashion District East
  • Of those 606, 453 will have time
    of day pricing (different price for at least two of the time
    segments) (About 7% of all meters)

    • 272 in Chinatown
    • 181 in Fashion District East

Price Change Breakdowns

OVERALL PRICE RANGES REPRESENTED
Price Ranges Meter Count Percent of Area Meters
$0.5 to $1 30 5%
$0.5 to $1.5 136 22%
$1 to $1.5 114 19%
$1 to $2 2 <.5%
$1 Flat 153 25%
$1.5 to $2 58 10%
$1.5 to $3 97 16%
$2 to $3 16 3%
CHINATOWN AND FASHION DISTRICT EAST COMBINED
Time Period Change Number Percent
M-F
8AM-11AM
Decrease 489 81%
No Change 117 19%
Increase 0 0%
M-F
11AM-4PM
Decrease 164 27%
No Change 207 34%
Increase 235 39%
M-F
4PM-8PM
Decrease 372 61%
No Change 219 36%
Increase 11 2%
SATURDAY Decrease 275 45%
No Change 272 45%
Increase 59 10%
CHINATOWN – PRICE CHANGES
Time Period Price Change Number Percent in Area
M-F
8AM-11AM
-$1.00 4 0.9%
-$0.50 375 88.2%
No Change 46 10.8%
+$0.50 0 0%
+$1.00 0 0%
M-F
11AM-4PM
-$1.00 2 0.5%
-$0.50 162 38.1%
No Change 173 40.7%
+$0.50 0 0.0%
+$1.00 88 20.7%
M-F
4PM-8PM
-$1.00 4 0.9%
-$0.50 354 83.3%
No Change 59 13.9%
+$0.50 0 0.0%
+$1.00 4 0.9%
SATURDAY -$1.00 2 0.5%
-$0.50 158 37.2%
No Change 213 50.1%
+$0.50 0 0.0%
+$1.00 52 12.2%
CHINATOWN – PRICE STATUS
Time Period scope=”col”Change Number Percent in Area
M-F
8AM-11AM
Decrease 379 89%
No Change 46 11%
Increase 0 0%
M-F
11AM-4PM
Decrease 164 39%
No Change 173 41%
Increase 88 21%
M-F
4PM-8PM
Decrease 358 84%
No Change 59 14%
Increase 4 1%
SATURDAY Decrease 160 38%
No Change 213 50%
Increase 52 12%
FASHION DISTRICT EAST – PRICE CHANGES
Time Period Price Change Number Percent in Area
M-F
8AM-11AM
-$1.00 0 0.0%
-$0.50 110 60.8%
No Change 71 39.2%
+$0.50 0 0.0%
+$1.00 0 0.0%
M-F
11AM-4PM
-$1.00 0 0.0%
-$0.50 0 0.0%
No Change 34 18.8%
+$0.50 147 81.2%
+$1.00 0 0.0%
M-F
4PM-8PM
-$1.00 0 0.0%
-$0.50 14 7.7%
No Change 160 88.4%
+$0.50 7 3.9%
+$1.00 0 0.0%
SATURDAY -$1.00 0 0.0%
-$0.50 115 63.5%
No Change 59 32.6%
+$0.50 7 3.9%
+$1.00 0 0.0%
FASHION DISTRICT – PRICE STATUS
Time Period Change Number Percent in Area
M-F
8AM-11AM
Decrease 110 61%
No Change 71 39%
Increase 0 0%
M-F
11AM-4PM
Decrease 0 0%
No Change 34 19%
Increase 147 81%
M-F
4PM-8PM
Decrease 14 8%
No Change 160 88%
Increase 7 4%
SATURDAY Decrease 115 64%
No Change 59 33%
Increase 7 4%