Columbia employees keep their parking spaces during the pandemic
- Columbia, S.C.’s occupancy rate for parking garages in the Central Business District remains high at 81.62%.
- Despite not using their parking spaces during the pandemic, many employees are unwilling to give up their spots due to high demand.
- It may be next year before it is apparent the way Columbia parking options will change in relation to COVID-19.
Downtown Parking Conditions
The Columbia market parking vacancy rate remains relatively stable during the 2020 COVID-19 pandemic. The overall parking garage occupancy rate decreased only slightly year over year from 83.86% during the second quarter of 2019 to 81.62% during the second quarter of 2020. Unlike larger cities, many commuters drive their personal vehicles to work in lieu of public transportation; therefore, the demand for parking in Columbia has remained stable. For this reason, many employees working remotely during the Coronavirus quarantine are not ready to give up their leased and possibly reserved parking spaces in downtown Columbia. Thru the second half of 2020, we may begin to see some companies or their employees reducing control of their parking spaces if their plans are to continue remote working.
Download the full report
For more information, including the market summary statistics, download the full research report.Download report