Parking rates at select Green P lots set to increase
Green P has launched an app that allows drivers to pay for parking through their phone. (Green P)
It will soon cost more to park at some of the busiest Green P lots in Toronto.
The Toronto Parking Authority has voted in favour of raising rates for some downtown Green P lots.
Board members voted last month to raise half-hourly and monthly rates at some of the city’s busiest lots.
For example, the rate at the underground parking lot at Nathan Phillips Square will rise to $2.75 per half-hour, which is an increase of 25 cents.
The TPA says certain rates will increase at 40-50 others lots as of September.
TPA president Lorne Persiko said the rate increase is a “normal course of business” following a review of utilization rates.
“We are still the most affordable lots in the city,” Persiko said.