Where business news starts in Boise

Where business news starts in Boise.

Cost of parking in some Downtown Boise garages could increase

Get ready to pay more for monthly parking in Downtown Boise’s public parking garages.

The Capital City Development Corporation said during its August meeting it plans to raise rates for people who use a monthly parking permit.

Rates for each of the seven garages CCDC owns or manages would go up for monthly parkers.

New rates

General monthly parking for the most-central garages – the former Capital Terrace and Eastman parking garages – would go up just more than 11.4%. A monthly pass would rise from $175 to $195.

Four other garages would see a more modest increase, just 3.5% – up $5 per month from $140 to $145.

The remaining garage – at 11th St. and Front St. – would increase 15% from $100 to $115.

The cost of reserved parking spaces would also rise – see the chart for those rates.

9th & Main$175$195+11.4N/AN/A
Capitol & Main$175$195+11.4$220$260+18.2
9th & Front$140$145+3.6$190$195+2.6
10th & Front$140$145+3.6$190$195+2.6
Capitol & Myrtle$140$145+3.6$155$175+12.9
Capitol & Front$140$145+3.6$190$195+2.6
11th & Front$100$115+15$130$155+19.2

The agency does not plan to raise its hourly parking rate – which currently stands at $3 per hour, with the first hour free.

CCDC last voted to increase parking rates in late 2017 – when it increased both monthly and hourly rates.

“It’s projected to generate just over $200,000 in new revenue in FY20,” CCDC Finance Director Ross Borden said.

The revenue from the increases would go to an additional secure bike parking facility, a Shoreline area park & ride program and other parking-related initiatives.

The proposed parking rate increase would go through a public hearing process before approval. Borden indicated it could happen this winter.

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