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NotesSource
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WA State Registered vehicles 12/31/167,325,670Excludes motorcycles
http://www.dol.wa.gov/about/docs/2016-CY-stats-at-a-glance.pdf
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WA State Population, 4/1/177,310,300
https://ofm.wa.gov/sites/default/files/public/legacy/pop/april1/ofm_april1_press_release.pdf
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Vehicles per capita1.002Calculated
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Puget Sound region population, 20174,066,800
https://www.psrc.org/rdp-population
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Puget Sound population as % of WA55.6%Calculated
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Registered vehicles in Puget Sound region4,075,350Calculated
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Potential drop in existing fleet size by 203040%We assume half of RethinkX; page 34 says "over 80%"RethinkX
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Reduction in vehicles1,630,140Calculated
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Parking spots per vehicle4"on average, three non-residential parking spaces exist for every car in the United States" + one residential
http://news.mit.edu/2012/parking-lot-redesign-0313
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Average area car occupies (sq ft)325Sightline's 2013 estimate informed by Donald Shoup's The High Cost of Free Parking.
http://www.sightline.org/2013/08/08/park-place/
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Area available to repurpose (sq ft)2,119,182,260Calculated
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Square feet per acre43,560Google search
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Area available to repurpose (acres)48,650Calculated
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Square feet per square mile27,880,000Google search
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Seattle Assessed Value of Land for 2017 Taxes$75,970,549,875Assessed values typically lag market values in rising markets like Seattle's
http://www.kingcounty.gov/depts/assessor/Reports/statistical-reports/~/media/depts/assessor/documents/AnnualReports/2017/TaxStats/17CityRealProp.ashx
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Seattle 2010 Land Area in Square Miles83.94
https://www.census.gov/quickfacts/fact/table/seattlecitywashington,US/PST045216
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Assessed Land Value per Square Foot$32.46Calculated. This is a conservative estimate of the value per square foot of parking. A 2013 Sightline report on parking used $50 per square foot.
http://www.sightline.org/2013/08/08/park-place/
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Value of land available to repurpose$68,794,203,260Calculated
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Value per parking space$10,550Calculated. As evidence of conservative nature of this estimate for the value of each parking space, Sound Transit spent over $100,000 per space for park and ride in Kent WA
https://www.seattletimes.com/seattle-news/transportation/100000-per-parking-space-costs-soar-for-sound-transits-kent-park-and-ride-garage/
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