LOS ANGELES, CA — A new analysis by Parksy (parksy.com), a free parking marketplace, reveals a stark divide in parking availability around America's largest stadiums and arenas. The company counted its listed parking options within five miles of twelve major venues, finding that urban arenas like Madison Square Garden offer nearly 2,000 options, while suburban stadiums like Hard Rock Stadium have fewer than 20.
According to Parksy, Madison Square Garden has 1,986 listed parking options, Soldier Field has 1,583, and Fenway Park has 587. In contrast, AT&T Stadium has 107, Allegiant Stadium has 96, MetLife Stadium has 58, and Miami's Hard Rock Stadium has just 18. SoFi Stadium sits in the middle with 277 options, out of more than 32,000 spaces listed on Parksy nationwide.
The pattern, Parksy says, is structural. Downtown arenas inherit the garages and lots of the surrounding city, while suburban stadiums are ringed by residential streets with few commercial parking options. This disparity highlights a missed opportunity: the driveways of nearby homeowners.
“Demand arrives eighty thousand cars at a time and supply is whatever the official lot holds. The difference is standing on residential concrete twenty feet from the sidewalk. That is not a shortage of parking. It is a shortage of introductions,” said Daniel Battaglia, founder and CEO of Parksy.
Parksy aims to bridge this gap by allowing homeowners to list their driveways or unused spots for free, with no posting fee, no commission, and no lease paperwork. Owners set their own prices, keep all earnings, and choose available dates. This could alleviate parking congestion at events while providing extra income for residents.
The implications are significant for event-goers, who often face high prices and limited availability in official lots, and for homeowners near stadiums who can monetize unused space. For the parking industry, this model introduces a decentralized alternative to traditional lots and garages, potentially reshaping how parking is sourced and priced.
Parksy, founded in 2011 and headquartered in Sydney, Australia, operates in 57 countries, offering tools for drivers to find and book parking, appeal fines, and more, all at no cost. The company’s data underscores the untapped potential in suburban areas, where the supply of parking is abundant but hidden.
As stadiums continue to host large events, the need for innovative parking solutions grows. Parksy’s marketplace approach could be key to unlocking that supply, benefiting both drivers and homeowners alike.
