While Chapel Hill’s newest parking deck came online several months ago, it did so while the town was still working to install the payment services in and out of the structure. As a result, parking since late August has been free at 125 East Rosemary Street.
Starting on Monday, though, that changes.
The Town of Chapel Hill announced in its newsletter on Thursday the deck will begin charging its normal rates to users on Monday, ending the streak of fare-free parking at the $51 million amenity.
The deck features pay stations at both entrances and exits off of East Rosemary Street and North Street — and will charge at a slightly different rate than some of its other structured or off-street parking options. The 125 East Rosemary Deck will not charge for the first 30 minutes of parking, and the first two hours will be only $1 each to visitors. Afterward, the rate increases to $2 per hour. The deck will have a parking maximum of nine hours, and will charge a slight fee for credit card transactions, according to the local government.
A key component of Chapel Hill’s redevelopment of East Rosemary Street, the seven-story parking deck boasts 1,100 spaces and some of the newest technology, which can point drivers to open spaces along each section of the deck. That also includes security features, like cameras and license plate readers, some of the features for which the town council approved additional funding in March. Before the cost of the project rose from an estimated $36 million to its final $51 million, town officials estimated the use of the deck could lead to the town earning back its spending within five years of the facility being open. With construction delays and added costs, the latest estimates for that benchmark are unclear.
Additional parking information and answers to frequently-asked questions in Chapel Hill can be found on the town’s parking website.
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