CINCINNATI CBD MONTHLY PARKING AND PRICES
Available Spaces CBD Average Price
40,000
The Federal Highway Administration announced a $3.3 million grant to cover land
parking spaces
35,000
Travel By Car acquisition for the $2.5 billion Brent Spence Bridge project. A $4 million study was proposed to consider cost-saving measures and to establish a bi-state management team to oversee the job, which could begin as soon as 2014.
31,710
31,618
$160 $140
30,203
30,000
$120
25,000
$100
20,000 15,000
$80
$83
$67
$64
$62
$74
$60
10,000
$40
5,000
$20
0
ZipCar, a member-based car sharing service that allows people to use cars by the
36,917
36,473
2008
2009
2010 year
2011
average price
Reserved Spaces
$0
2012
Note: Reflects average price and availability for monthly contract parking in the Central Business District only.
hour or day, debuted in downtown Cincinnati with six cars available and parked in designated spaces throughout downtown.
CBD DAILY PARKING RATES
National Cincinnati
National Monthly and Daily Parking Survey: Unreserved Parking Rates
*National Average is an average of all surveyed cities. This list is a sampling of surveyed cities. Survey only includes covered and underground parking garages located in the CBD. Source: Colliers International. **Percent adjusted following release of survey.
$10.00
$17.19
$10.00
$16.12
$9.75
$16.36
$9.50
$5.00
$15.96
$10.00
$0.00 2008
2009
2010 year
2011
2012
CBD MONTHLY PARKING RATES (MEDIAN)
National Cincinnati $200.00
$0.00 2008
2009
2010 year
2011
$125.40
$166.26
$160.00
$155.22
$150.00
$50.00
$161.56
$100.00
$127.50
$150.00
$154.23
$95.00 -13.6% $87.00 2.4% $180.00 2.9% $160.00 4.6% $115.00 15.0% $220.93 5.5% $533.00 0.0% $313.25 3.2% $105.00 5.0% $145.00 -6.5% $175.00 2.9% $375.00 0.0% $270.00 3.8% $166.26 1.3%
$10.00 0.0% $10.00 0.0% $10.50 2.4% $16.00 0.0% $15.00 3.4% $13.00 8.3% $28.88 -3.7% $26.00 -13.3% $25.50 -1.9% $10.00 0.0% $15.00 0.0% $26.00 0.0% $29.00 11.5% $19.00 5.6% $17.19 2.9%
$15.00
$9.50
Columbus Dallas Denver Houston Indianapolis Los Angeles New York Philadelphia Raleigh Sacramento San Diego San Francisco Washington, DC National Average*
$12.00 0.0% $33.50 -1.5% $35.00 9.4%
$125.00
$95.00 0.0% $405.00 -7.5% $289.00 0.0% $125.40 -21.6%**
$20.00
Daily % Change from 2011
$15.42
Atlanta Boston Chicago Cincinnati
Median
$153.79
Monthly % Change from 2011
rate
Median
rate
Market
2012
Source: Colliers International
downtown cincinnati INC.
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