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Another New Parking Rate Takes Effect in Penn Quarter Monday

by Prince Of Petworth February 22, 2017 at 2:45 pm 5 Comments

parking
“Penn Quarter/Chinatown pricing adjustments will occur within the red boundary, between H Street NW, 3rd Street NW, E Street NW, and 11th Street NW.” via DDOT

From a press release:

“Beginning Monday, February 27, 2017, the District Department of Transportation (DDOT) will implement a new parking meter rate schedule in the Penn Quarter and Chinatown neighborhoods. This is the second quarterly parking meter rate adjustment as part of the Penn Quarter-Chinatown pilot project to improve parking availability through demand-based pricing.

The study area includes on-street parking spaces bounded by H Street NW, 3rd Street NW, E Street NW and 11th Street NW. The pilot aims to reduce the time needed to find parking, improve turnover of high-demand parking spaces, provide better parking information to motorists, and reduce congestion by adjusting prices based on observed demand for parking on a block-by-block basis.

Parking meter rates on individual block faces in this area will range from $1.50 to $3.25. As with the previous price adjustment, the rates on each block face will vary by time: weekday morning, weekday midday, weekday evening, and Saturday.

The table below provides a summary of the number of block faces that will have quarterly demand-based meter rate adjustments. Blocks identified for adjustments are shown in the figure below:

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ParkDC All
Blocks identified for parking meter rate adjustments.

The detailed parking adjustments will be available at parkdc.dc.gov. Travelers can also see pricing and real-time parking availability information using the parkDC or Voicepark mobile applications, available in the iTunes App Store for iOS and via Google Play for Android. In addition, decals on the parking meters will provide pricing information.”

  • Anonymous

    All this does is make drivers spend more time looking for the cheaper streets during the time of the day they are looking for it. I’m not sure how its making it easier for folks to park.

    • atlascesar

      I’ve not seen data that supports your assertion. If this is the case, I’d imagine the effect will be reduced when the perimeter of affected parking meters is expanded.

    • JohnH

      It would probably lead to more turnover in parking spots.

  • ah

    I’m a believer in markets, and also a believer that high prices will reduce consumption of that item.

    But for that to work it requires that the price signal be clear to consumers. Nothing about this is – basically you pull up to a space and then find out what the price is at that time? That won’t do much to affect demand – people simply will pay the price rather than park in a less highly demanded zone. Maybe they’ll stay less time, but how likely is that? Lunch takes what it takes, as does a doctor’s appointment.

    The only effect this will have is to increase revenue, but not to meaningfully balance demand and supply.

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