Consultant Recommends Drastic Increase in Zone M Residential Parking Permit Fees, Potentially Raising Annual Cost from $195 to $2,400
Market pricing a possible solution to Northwest parking woes
April 20, 2023
PORTLAND, OR - Rick Williams Consulting, a renowned firm specializing in parking and transportation solutions, has recommended that the Portland Bureau of Transportation (PBOT) significantly increase residential parking permit fees in Northwest Portland's Zone M.
The consultant suggests that PBOT should move towards pricing Zone M parking permits at a market-based rate, around $200 per month, according to a recent presentation to the Northwest Parking District Stakeholder Advisory Committee.
The proposed increase would dramatically raise the annual cost of a residential parking permit in Zone M from its current price of $195 per year to a staggering $2,400 per year. The aim of this increase is to encourage the development of off-street parking infrastructure in the area, addressing the ongoing issue of limited parking availability.
By adjusting the permit fees to reflect market rates, the consultant believes that property developers and homeowners will be more inclined to invest in off-street parking solutions, such as garages and parking structures.
Zone M, located in the Northwest Parking District, has long been grappling with parking challenges. More information about Zone M can be found on the Portland government website: https://www.portland.gov/transportation/parking/northwest-parking-district/northwest-parking
Rick Williams Consulting has a proven track record of providing effective strategies to manage parking and transportation challenges, working closely with public agencies, businesses, and neighborhood organizations. The firm's recommendations are based on in-depth research, data analysis, and a thorough understanding of local context and needs.
The Northwest Parking District Stakeholder Advisory Committee will consider the consultant's recommendation as part of its ongoing efforts to improve parking and transportation options in the area. The committee is responsible for advising the city on parking policies, programs, and projects that aim to balance the needs of residents, businesses, and visitors.
If the proposed increase in residential parking permit fees for Zone M is adopted, it could potentially transform the parking landscape in Northwest Portland, leading to more sustainable and efficient off-street parking solutions that benefit the entire community. However, the substantial rise in the annual cost of parking permits may also spark concerns and discussions among residents and stakeholders.