Central Parking defends rate increase at lots - WKRN News 2

Central Parking defends rate increase at lots

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NASHVILLE, Tenn. – Visitors to downtown Nashville may soon be able to park for free.

Details, such as where the free parking spots will be and for how long, are expected in an announcement on Tuesday.

The news comes as downtown spots have quickly diminished due to construction of the new Music City Center and just one day after hockey fans downtown for Sunday's Predators game found rates in some parking lots 50% higher.

For lots that used cost $10 to park in, it cost $15 on Sunday.

Many of the lots are managed by Central Parking System.

Monday, Central Parking Regional Manager Richard Wagoner defended the rate increase, saying it relates to supply and demand.

He told News 2 Central Parking lost more than 850 prime downtown parking spots because of the convention center construction.

"We understand their concerns with the rate but please understand this is a business and it is based on supply in the market," Wagoner explained, adding for those who don't mind walking a block or two, there are still $5 lots nearby.

"There are several $5 lots still north of Bridgestone Arena, across Broadway," he said.

Metro leaders like Tom Turner of the Nashville Downtown Partnership don't like talk that blames the convention center construction for some higher parking rates because overall spots downtown remain about the same with new parking venues offsetting convention center losses.

He urges people to check the ParkItDowntown.com for rates and location.

"You just have to plan a little bit and find that new favorite spot and again go to ParkItDowntown.com," he said.

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