The Downtown Memphis Commission (DMC) and the Downtown Mobility Authority have announced discounted parking rates at 10 garages.
Through a partnership with Premium Parking the DMC is offering a $5 rate available Sunday through Thursday for three hours. This rate is available at the Peabody Place Garage, First Park Place, Mobility Center, Gayoso Garage, Shoppers Garage, Huling Lot, Bakery Garage, Gus Lot, Sterick North Garage, and Sterick East Lot.
Users have the option to extend their time upon expiration, to which an hourly rate will apply.
According to the DMC this promotion will be available throughout the spring and summer. From now until May 31, the rate is applicable from 5 to 9 p.m. On June 1, visitors can access the rate from 11 a.m to 2 p.m. on the same days until August 31.
DMC President and CEO Chandell Ryan said this is an effort to invite more people to Downtown Memphis during the week.
“We want this program to support Downtown restaurants and businesses by making parking more accessible and affordable,” Ryan said. “With success, we hope to add additional garages to the program.”
The commission has made a point to address parking Downtown. According to their 2019 Downtown Memphis Parking Study, this was identified as a “defining issue for the future of Downtown growth.” They said this is partly because many “uses” compete for parking throughout the day.