Park Harrisburg Announces Metered Parking Rate Increases
HARRISBURG, Pennsylvania – July 26, 2021 – Park Harrisburg announces meter rate increases that will take effect on Monday, August 2, 2021, for Park Harrisburg designated parking areas. Hourly rates in the CBD will increase from $3 to $4 per hour and from $1.50 to $2 per hour in the Non-CBD area. Parking zone information is available on www.parkharrisburg.com.
“This is the first meter rate increase since Park Harrisburg assumed responsibility for specified metered parking spaces and garages from the City of Harrisburg and Harrisburg Parking Authority in 2013,” stated John Gass, Managing Director with PK Harris Advisors, the asset management company for the parking system. “The new rates, reflecting a 3% increase over a 10-year period, have been under consideration for some time to provide sufficient cash flow to maintain expenses associated with the parking system.”
In 2013, Park Harrisburg purchased spaces and garages from the City of Harrisburg and the Harrisburg Parking Authority. Proceeds from a $286MM bond issues were used toward obligations and expenses that enabled the City’s exit from receivership.
Individual meter reprogramming is scheduled to take place during the week of August 2nd to reflect the new rates. Email Harrisburgpress@spplus.com for additional information.