Parking Rates in Downtown Portland May Rise to $2 an Hour
Thursday, October 15, 2015
The increase was recommended by a panel charged with studying parking in downtown and central Portland. 12 members of the panel voted on the $2 per hour rate, with 10 members voting in favor of the change.
In the current proposal, the $2 per hour rate would only affect parking meters in downtown and central city.
City officials justified the increase by citing parking experts, who say there is not enough turnover in on street parking.
According to a presentation to the City Council last week, if more than 85 percent of on-street parking stalls are full, prices are too low. A 2014 study found that parking spaces rose above 85 percent just once during the working hours, at 1 PM on weekdays, when 90 percent of stalls were filled. Stalls were 87 percent full at 7 p.m., when the city stops charging hourly rates for parking.
According to the presentation, higher parking rates would create more turnover, making it easier to find parking.
The City Council is expected to review and vote on the proposal on December 2. Parking fees have not been changed since 2009, when hourly rates rose from $1.25 to $1.60 an hour.
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