Parking meter replacement set to begin in March

Back to TopCommentsE-mailPrintBookmark and Share

Dallas-based Affiliated Computer Services, which in November reached a 50-year contract to manage the city's parking meters, will begin replacing many of the older meters with newer models early next month.

An agreement reached in November called for ACS to give the city $20 million upfront and an estimated $363 million to $620 million in meter revenue over the life of the 50-year lease deal.

ACS plans to spend up to $10 million to replace the city’s coin-operated meters with newer versions that will accept credit cards. As a result, hourly parking rates are expected to rise from 75 cents to as much as $1.50 in Broad Ripple and some busy downtown areas.

Lou Gerig of local public relations firm Sease Gerig & Associates provided a timeline for meter replacement at the Monday meeting of the Capital Improvement Board of Marion County. Sease Gerig represents the partnership known as ParkIndy, which includes ACS, Indianapolis-based Denison Parking and Evens Time Inc., a local parking-meter wholesaler.

Gerig said installation of new parking meters will begin in downtown Indianapolis and Broad Ripple the first week of March. The work will be done in two phases, with single-space meters being installed first, followed by multi-space meters. The work should be completed in early summer.

Gerig declined to provide additional information, saying more details will be forthcoming before the work begins.

Via e-mail, Mayor Greg Ballard said the ParkIndy team has done an "excellent" job moving the project forward.

"The new technology will be an added convenience for motorists and will provide hundreds of millions of dollars for the city to invest in infrastructure in our community," he said.

The long-term lease deal and the additional revenue generated by higher fees should help the city repair streets, sidewalks and alleys in those areas.

Besides higher meter rates, metered hours would extend to 9 p.m. in busier downtown areas and to 8 p.m. in quieter parts. In Broad Ripple, hours also would stretch to 9 p.m. Most metered parking in the city now runs until 6 p.m., with a two-hour limit.

As part of its deal with the city, ACS also has agreed to create 200 jobs in Indianapolis in the next two years.

The city worked to revise the terms of its proposed deal with ACS after public opposition mounted. Changes give Indianapolis greater flexibility in removing parking meters and the option of terminating the agreement every 10 years.

Supporters say the deal brings a long-overdue upgrade to the system as it generates revenue for infrastructure improvements.

Opponents complained the deal is short-sighted and riddled with hidden costs.

Also at Monday’s CIB meeting, members approved a bid of $877,649 submitted by Indianapolis-based Millennium Contractors LLC to pave two gravel parking lots on the former site of Market Square Arena.

Work could start next month and should be finished by June 15. When completed, each lot, separated by Market Street, will have 177 spaces instead of the current 250. Landscaping and light poles to spruce up the property will shrink the size of the lots.

CIB owns the parking lots once targeted for redevelopment. The city requires parking lots to be paved, but for years officials made have exceptions for the lots, hoping to avoid the paving expense by attracting a mixed-use project.

CIB won a final extension in November, allowing the lots to remain unpaved through June.


  • Sinkholes watch out!
    Well now we can repair those sinkholes that make us such a world class city? Oh, wait...
  • That sure doesn't seem like that big of an investment for such high returns...
    So they invest $10m and can pay out $363-620m. Crazy...

    To me it seems like if there were ever a job that the public sector could efficiently do it would have to be parking. Meters are machines, they run themselves. Then you manage a team of meter checkers... pretty basic operation that would be hard for even the biggest bureaucrat to mess up.

    $620,000,000.00... it makes me wonder what they are making in profit, that we are not making in profit.

Post a comment to this story

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1