Dynamic Parking Prices Coming to Milwaukee
"The City of Milwaukee is poised to drastically change its metered parking policy in a move that will net the revenue-constrained city at least $2 million annually. It should also lead to cheaper parking in low-demand areas, and higher rates for in-demand spaces — and make it a little easier to find a parking space," reports Jeramey Jannene.
"The Common Council has already approved new meters and the city has begun installing them. Now, the Department of Public Works, which administers the city’s 7,076 metered spaces, is recommending a three-tier change to the city’s approach to metered parking," adds Jannene.
The article heads off potential public ire about paying more at parking rates by citing the research of Donald Shoup in the High Cost of Free Parking, the experience of other cities that have already adopted dynamic parking prices, and Milwaukee's own analysis of the idea.