02:57 PM EST Share DIA CEO Lori Boyer said the increased charges is to discourage all-day parking and increase the availability for restaurant and retail customers.
A Downtown Investment Authority committee advanced a proposed parking rate increase Jan. 12 for on-street metered parking in areas of the Northbank deemed high-demand.
If approved by the full DIA board, the policy change will establish a defined rate structure for both high-demand and low-demand areas of Downtown.
DIA CEO Lori Boyer said the rate changes are not intended to generate more revenue for the city but to discourage all-day use of on-street spaces to increase customer parking availability for restaurants and retailers.