Parking meter rates may be going up in busy areas around the city.
In attempts to create more curbside parking, the City of Vancouver will consider making changes to parking meter rates during an upcoming city council meeting on November 13.
The city is aiming to adjust parking rates to free up a curbside occupancy of two spots per block.
In order to do this, the City is proposing to raise rates in areas where parking demand is high and where few spots are available during peak times.
In areas where demand is low, the City will lower rates in order to encourage the use of vacant curbside spaces.
Currently, there are 10,000 metered parking spaces in the city, which range from $1 to $6 per hour (based on location) and are in effect between 9 am and 10 pm daily.
A summary of the parking meter changes proposed by the City include:
- Different daytime (9 am to 6pm) and evening (6 to 10 pm) rates
- Hourly rates be rounded to the nearest whole dollar to facilitate better communication and wayfinding
- Parking meter rates adjusted annually based on data collected by the City
- Parking meter rates to be raised $1 per hour in areas where the peak curbside occupancy exceeds 85%
- Reduce parking meter rates by $1 in areas where curbside parking is lower than 60%