Downtown parking garage rate increase
Summary
Parking at the Third Street and Sycamore Street garages is getting more expensive: $10 daily/event and $65 monthly starting around November 1. Evansville's rates were much lower than comparable cities like Fort Wayne, Bloomington and Indianapolis, and staff estimate over $150,000 in new annual revenue.
At a glance
- Total mentions
- 2
- Last 30 days
- 2
Discussed at 1 meeting in the last 60 days; most recently Oct 6, 2026.
Impact analysis
Over $150,000 a year in new revenue from monthly parking alone, plus about $12,000 saved by eliminating attendants with new parking software.
The city's garage maintenance budget, since the garages cost a lot to upkeep; garage owners of individual lots will also welcome the higher prevailing rates.
Downtown commuters and monthly parkers, event-goers, and anyone parking for a downtown event will pay more.
Mentions & discussions (2)
City parking garage prices to increase in Evansville
City parking garage prices to increase in Evansville Courier & Press
Evansville Redevelopment Commission - Oct 6, 2026
Parking at the Third Street and Sycamore Street garages is getting more expensive: $10 daily/event and $65 monthly starting around November 1. Evansville's rates were much lower than comparable cities like Fort Wayne, Bloomington and Indianapolis, and staff estimate over $150,000 in new annual revenue.
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