Parking meters to be added in Arts District later this month

Las Vegas officials are looking to raise money for an Arts District parking garage through the installation of new parking meters downtown.

Beginning this month, 64 parking meters will be added along streets and in various parking lots within the Arts District, the city of Las Vegas announced Thursday in a tweet. The meters will be installed in an area bordered by Commerce and Third streets to the west and east and Charleston and Oakey boulevards to the north and south.

Payment options will vary from $1 per hour up to $10 for a monthly parking program, with most of the area being on-street, $2 per hour parking with four-hour time limits.

The meter fees will go toward a planned parking garage to be built in the area in 2024, according to the city. The tentative price for the garage is around $20 million, which the city will finance with a 10-year bond. The exact location of the garage has yet to be determined, according to city spokesman Jace Radke.

“Revenue from meters will be a small part of the cost of the garage with the city funding the vast majority of the project,” Radke said.

Long-term plans call for adding two garages in the area, one north and one south of Charleston in the Arts District.

The district has blossomed in recent years with the addition of various bars, restaurants, residential and commercial projects. It’s also home to the popular First Friday art festival each month.

Downtown already features seven parking garages, 36 parking lots with a total of 10,000 parking spaces, and 1,000 on-street parking spaces.

Each year over 80,000 citations are handed out by the 52 parking staff members, according to a presentation given at Wednesday’s City Council meeting.

Contact Mick Akers at makers@reviewjournal.com or 702-387-2920. Follow @mickakers on Twitter.