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Parking Panda

Interesting

Parking Panda, an online parking reservation system, launches Tuesday in Houston and Dallas. The site’s already up and running, taking reservations for lots around many area venues, including Minute Maid Park, Reliant Stadium and the Toyota Center.

The concept is pretty simple: Go online, find the parking lot you want, based on price and location, and reserve a spot. In some cases, Parking Panda co-founder Nick Miller said, people can even reserve a select spot.

In places where parking can be problem, like around a Texans game, having a guaranteed spot removes the hassle of hunting around or timing your arrival to find a close enough spot. Even if you’re ten minutes late, the spot is there waiting for you.

In Washington, D.C., where Miller said the company has seen one client use the service 125 times in the past year, the use is branching out beyond major venues to include parking around museums and entertainment districts.

That could be where things head in Houston, too, he said. Take the crowded Montrose corridor or Washington Avenue, where the city recently enacted strict parking rules. Before heading out for the night, someone potentially could find a spot ahead of time and leave the car there for the evening.

[…]

Major events and large parking garages aren’t the only places touched by the technology gains in parking. Though the bulk of the business is commercial lots, Miller said Parking Panda has some spot sellers who are, essentially monetizing their driveways.

“We have people who are making a couple hundred dollars a month,” he said.

Not everyone has a driveway worth renting, but for those in high-density areas, or near offices, the opportunity is out there.

The larger point, Miller and others say, is cities have finite space to store cars. If someone who lives a block or so off Westheimer is commuting downtown, someone in Sugar Land who works off Westheimer may be willing to rent the vacant driveway during the day to guarantee a spot.

I guess this is our week for vehicle-related innovations. It’s an interesting concept, and you can see what they have available for Houston here. I’m thinking the rent-your-driveway option might be quite appealing for events like the Art Car and Pride parades, if one lives in those areas. For that matter, I’m thinking some of my neighbors who live close to White Oak might check this out – if people are going to be parking in front of their houses anyway, they may as well make their driveway available and earn a few bucks for it. What do you think?

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