Mobility-as-a-Service and Parking in Alberta and Canada: Implications for the Real Estate Industry

Mobility-as-a-Service (MaaS) describes a shift away from personally-owned modes of transportation and towards mobility solutions that are consumed as a service. MaaS is being made possible by massive investments in the synthesis and integration of automation, connectivity, electrification and sharing in vehicles. Given the movement towards MaaS and its potential disruption of parking in Canada, it is important to be able to quantify the amount and value of the land that could be released for other uses, as well as the potential foregone capital and operating costs of providing and maintaining parking infrastructure. To address this need, CESAR will conduct the research and carry out the analyses needed to first provide an inventory of parking supply in Canada and in Alberta. These data will then be combined with estimated unit costs for the building and maintaining of that inventory. The report will end with a discussion of the potential implications of MaaS on the real estate sector in Alberta and across Canada.

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Amount Funded

$60,000

Year Funded

2019

Funding Priority

Built Environment: Support consumers as successful tenants or homeowners.

Contributor

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University of Calgary, Canadian Energy Systems Analysis Research (CESAR) Initiative

CESAR (Canada Energy Systems Analysis Research) is an initiative of Dr. David Layzell, a professor at the University of Calgary, to encourage and communicate research and critical analysis around the transformation of Canada’s energy systems.