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Raleigh extends 2‑hour free parking pilot after DRA figures show millions in downtown spending
Summary
Council extended the downtown 2‑hour free parking pilot to allow further budget analysis after Downtown Raleigh Alliance presented intercept survey results estimating $2M–$3.8M in incremental downtown spending, while staff warned of about $500,000 in parking revenue loss and deferred maintenance impacts.
Raleigh City Council voted to extend the downtown 2‑hour free parking pilot through the end of the current fiscal year to give staff time to evaluate fiscal trade-offs and potential partnerships.
Caitlin Parker, the city parking manager, told council the pilot began Nov. 15, 2024, covers six city-owned garages from 7 a.m. to 7 p.m. on weekdays and limits one free visit per vehicle per day. Staff reported the pilot has produced about a $500,000 revenue loss for the parking enterprise so far and contributed to…
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