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Parking rates to increase Jan.1 in downtown Colorado Springs

Posted: 7:41 PM, Dec 16, 2019
Updated: 2019-12-16 21:41:59-05
Downtown Colorado Springs

COLORADO SPRINGS — It's about to get more expensive to park in downtown Colorado Springs.

The city recently announced that rates and hours for downtown parking will be going up January first.

This will be the first price hike in 14 years.

Tiered pricing will increase metered parking by 25 cents. The daily maximum for the city's garages will be $9. The price will be 50 cents for the first half hour and a dollar an hour after that.

"Parking on the street here would cost you a dollar and a quarter and the structure across the street would cost you a dollar an hour," said Parking Enterprise Director, Scott Lee.

The change is supported by businesses who want to encourage long term parkers to use garages.

The city said the price hike will pay for improvements in equipment and structure upgrades.