Parking places go… up!

Opportunity: building multi-level parking places

Romania definitely lacks parking spaces in all major cities, but we can identify a trend beginning to develop that tries to solve the problem: parking buildings.

Parking placesThings start to shape up in this area as between 2008 and 2010 will be built 14000 parking places in Bucharest through public-private partnership, but that will be more than insufficient, as the city would be needing around 400000 additional parking spaces.

We have the same problem in Brasov, where the number of cars increased from 25000 to 135000 in the last 16 years and the parking places couldn’t keep up with that pace.

The list could continue but the bottom line is that it would be a great idea to ride this trend from the begining, through investing in parking buildings, or in adjacent services, throughout Romania, especially since free parking will become scarce (if any).


Written by Alex


2 Responses to “Parking places go… up!”

  1. Business Ideas in Romania » One more reason… Says:

    [...] Alex and I posted on opportunities for building parking garages in Bucharest and Romania given the huge shortages of spots needed to satisfy demand.  The success of our ideas required action on the part of those with the power to enforce parking laws.  Here is another reason for the municipal authorities to get serious with parking if they ever hope to make Bucharest a tourist destination… I was driving through central Bucharest yesterday and…due to the Easter holiday… there were far fewer cars parked on the sidewalks and other illegal spots. It was amazing how much better the city looked. Although cars are, of course, parked at street level (I have seen a car half-parked in a large pothole but not yet in a tree), the missing cars made the architecture of the buildings stand out in a very nice way. [...]

  2. Business Ideas in Romania » Parking places revisited… Says:

    [...] To add to Alex’s post on building new parking garages… [...]

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