P3 Global Management and the City of Pasadena partner for private peer-to-peer parking service, Pasadena, CA, 2016

P3 Global Management and the City of Pasadena are partnering to allow private parking spot owners to list their private unused and available parking spaces. It is believed that allowing private parking spots to be shared will increase supply of parking spaces and reduce the amount of time that cars circle city streets to find a parking spot. 

This program could offer greater access to offstreet parking without the construction of new spaces. For more information please see the press release from P3GM.