Managed parking turning over spots, bringing in bucks

In its first 47 days in operation, Idaho Springs’ managed parking system is turning over parking spots five times a day on Miner Street, and has netted more than $54,000 in revenue, which is split 50-50 between the city and Interstate Parking Co. of Colorado.

On average, she said, people are staying about 90 minutes. The average transaction price for Miner Street parking is $1.69; for the city lots, it’s $1.99. This accounts for the free half-hour of on-street parking.

Saturday is the busiest day for the downtown area, with 20 to 25 percent of transactions for both the on-street parking and city lots; and Sunday is close behind.

So far, according to data, from approximately 10,000 transactions, 70 percent of the transactions were for vehicles with Colorado license plates, 20 percent from Georgia, 15 percent from Texas and 5 percent from other states.

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By Corinne Westeman
Tuesday, July 16, 2019

Idaho Springs receives mixed input on continuing managed parking system
While some Idaho Springs residents and business owners don’t mind the managed parking system downtown with a few changes, others oppose it continuing at all, saying that it makes the city look unfriendly to visitors.

On Sept. 3, the city hosted a public meeting at Carlson Elementary to receive feedback on the temporary system, which began May 15 and will end Oct. 1. Officials have said that, for now, they’re leaving open the options of renegotiating with Interstate Parking Co. of Colorado, finding another firm or having no system.

City officials said they would evaluate the community responses from the meeting and the survey, which is ongoing, and begin contemplating what to do once the managed parking ends on Oct. 1 and Interstate Parking can provide data from the entire pilot program.

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By Corinne Westeman
Tuesday, September 10, 2019