Princeton Capital Blog

Technology Makes Finding a Parking Space Easier

June 10th, 2011

New telephone apps can search the street or area where you are driving and tell you where there is a vacant parking space.

One called Parker shows drivers on an iPhone where to find a space in the Hollywood area of Los Angeles. It costs $1.99. Streetline, the app maker, says Parker is about to be available on Android devices in several other areas where parking is a huge problem.

The most extensive move has been made by BMW’s iVentures. The first available area was serviced by New York-based My City Way, which gives parking availability, transportation and local entertainment information.

It is available now in 40 cities in the U.S. To use it, you have to have an iPhone, iPad, Android phone or BlackBerry.

A different service hopes to put an end to searching for parking meter coins. MobileNow’s ParkNow service lets you call the phone number listed on the parking meter, enter the meter number and type in credit card information.

Its Android and BlackBerry apps also allow users to enter a location and parking meter number and pay with pre-funded credits via the app.

The service will soon include iPhones. It is available in Bethesda, Md.; Decatur, Ga.; and Hudson Valley, N.Y.

It has been 80 years since the invention of the parking meter. Now, paying for parking is taking on a new look, thanks to technology.

Note: RIM, maker of BlackBerry phones, has agreed to pull applications from its systems that identify locations of local police DUI points.

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