2030 Comprehensive Plan Update, April 2024

Downtown Raleigh

Policy DT 2.18 Transportation Demand

Policy DT 2.20 Management of Parking Revenues

Management and Parking Decks Support and encourage Transportation Demand Management strategies, including parking cash-out, as a part of the development agreement for any public-private partnered parking deck

Operate the city’s parking program as a self sustaining enterprise fund, with any revenues above capital, operating costs, and maintenance reserves made available for investments and activities that further its mission. (7)

Policy DT 2.19 Parking and Economic Development

Policy DT 2.21 Avoiding Parking and Loading Conflicts Strongly discourage the delivery of goods and services requiring on-street loading during the peak morning and evening travel times. Policy DT 2.22 Below-grade Parking Preference When feasible, encourage underground or entirely below-grade parking as the preferred solution for the provision of parking downtown.

Expand the role of the municipally-administered parking enterprise in supporting and promoting economic development, including using parking arrangements and public-private partnerships as a means to attract and catalyze development.

7

This may require a change in the state statute authorizing municipal parking meter programs.

15-21