INDIANAPOLIS — Parking meter hourly rates in select areas of the city will rise 25 cents next month — the first time there's been an increase in Indy's parking rates in 10 years.
The rise from $1.50 to $1.75 an hour goes into effect April 1 and will affect meters in Broad Ripple and in downtown Indianapolis along Massachusetts Avenue, according to a news release from ParkIndy.
Of the 4,211 metered parking spaces in Indianapolis, 1,931 of them are located in a zone ParkIndy calls the "downtown core area." That means the metered spaces there make up about 45% of all across the entire city.
The rate adjustments are calculated based on the consumer price index in the Midwest Region and are implemented once the total value meets or exceeds 25 cents, according to ParkIndy.
Parking meters near downtown and in residential areas are not affected by the rate adjustment and will stay at $1 an hour.
There will also be no change to parking meters' days and hours of operation. That will stay at 7 a.m. to 11 p.m. Monday through Saturday.
Notice of the upcoming changes will be displayed on pay box display screens as well as ParkIndy's website and social media pages.
For more information, visit parkindy.info or call 317-524-2247.
-
How Ball State football will honor fallen teammate this season
The Cardinals lost one of their teammates last month. Freshman defensive back Gavin Yates-Lyons died on May 30 following a shooting in Florida on May 24.
Former IndyCar Rookie of the Year gets new role with Honda Racing
Lundqvist was named the 2024 IndyCar Rookie of the Year after finishing 16th in the standings. He had two podium results during the year, finishing in third during the events at Barber and Gateway.
USDA orders IU to destroy biological materials during ‘active’ investigation
The USDA ordered Indiana University's Biology Department to destroy biological materials from a lab. This follows a guilty plea from a lab researcher for smuggling E. coli DNA from China.
3 north side food establishments are closing their doors at the end of the week
The owners of The Bulldog, English Lounge and Pizza King posted to social media on Tuesday, saying they are closing their doors Friday, June 19.
