BALTIMORE — Baltimore plans to base parking meter rates on demand on some downtown streets.
The Baltimore Sun reported on Thursday that by July’s end, the city plans to use demand for parking spots to set prices. It would include adjusting rates biannually to help ensure there are generally a couple free spots on every block.
The current $2 hourly rate will rise 25 cents on busier blocks and drop 25 cents on blocks drivers prefer less. Prices will be capped at $5 per hour, a rate that couldn’t be reached until 2023, and parking could be free on blocks where prices fall to 25 cents.
Parking Authority executive director Peter Little says the aim is to ensure spots are easier to find— reducing congestion and drivers’ frustration.
Information from: The Baltimore Sun, http://www.baltimoresun.com