Chicago soon will have the most expensive downtown parking meters in the nation.
As Chicagoans prepare for the new year, they need to also brace themselves for steeper parking meter prices. This is the last scheduled hike in Chicago Parking Meters' contract with the city.
Drivers out shopping near the Magnificent Mile couldn't believe it could go any higher.
"I think it's ridiculous," says Marla Wisuri. "They're expensive enough as they are, they shouldn't be raising the prices anymore."
"It's just getting ridiculous," says motorist Roshawn Thompson. "I parked for 36 minutes I think for like, 5 dollars. No, it was 3 dollars and 75 cents exactly."
In most of the city, hourly rates will go from a $1.75 to $2.
In the Central Business District, just outside of the Loop, the price will jump from $3.50 to $4. Inside the loop, instead of $5.75 an hour, you'll have to dish out $6.50 cents to park.
The price hike is all a part of the deal Chicago Parking Meters inked with the city back when Mayor Daley was in office. Now, drivers will be paying that price for many years to come.
Current Mayor Rahm Emanuel has ordered an independent audit of the deal, which is now largely viewed as a financial disaster.
Monday, February 25 2013 1:41 PM EST2013-02-25 18:41:37 GMT
Just as Oscar host Seth MacFarlane set his sights on a variety of targets with a mixture of hits and misses, the motion picture academy spread the gold around to a varied slate of films.
Just as Oscar host Seth MacFarlane set his sights on a variety of targets with a mixture of hits and misses, the motion picture academy spread the gold around to a varied slate of films.
Tuesday, February 5 2013 3:09 PM EST2013-02-05 20:09:54 GMT
Millions and millions of people tuned in to watch the Super Bowl, and including our friends serving overseas. Thousands of Chicago-style pizzas were sent overseas Tuesday.
Millions and millions of people tuned in to watch the Super Bowl, and including our friends serving overseas. Thousands of Chicago-style pizzas were sent overseas Tuesday.
Thursday, May 23 2013 4:46 PM EDT2013-05-23 20:46:28 GMT
Thieves have struck a Streeterville area construction site a handful of times over the past week, taking tools and construction materials, police said.
Thieves have struck a Streeterville area construction site a handful of times over the past week, taking tools and construction materials, police said.
Thursday, May 23 2013 4:36 PM EDT2013-05-23 20:36:47 GMT
The Obama administration has picked a private attorney and former federal prosecutor to head the U.S. attorney's office in Chicago, U.S. Sen. Dick Durbin announced Thursday.
The Obama administration has picked a private attorney and former federal prosecutor to head the U.S. attorney's office in Chicago, U.S. Sen. Dick Durbin announced Thursday.
Thursday, May 23 2013 4:12 PM EDT2013-05-23 20:12:19 GMT
Six elementary students were taken to hospitals as a precautionary measure after the inflatable playground equipment they were enjoying at a northwest suburban school tipped over.
Six elementary students were taken to hospitals as a precautionary measure after the inflatable playground equipment they were enjoying at a northwest suburban school tipped over.
Thursday, May 23 2013 3:03 PM EDT2013-05-23 19:03:12 GMT
BREAKING UPDATE: The jury reached a verdict in the Donald Trump condo trial on Thursday afternoon. The verdict will be read at 2:15 p.m. and the Dirksen Federal Building.
BREAKING UPDATE: The jury reached a verdict in the Donald Trump condo trial on Thursday afternoon. The verdict will be read at 2:15 p.m. and the Dirksen Federal Building.
Thursday, May 23 2013 2:22 PM EDT2013-05-23 18:22:23 GMT
Things are going to be very busy at Chicago's O'Hare International Airport this weekend. Many travelers will also hit the roads for Memorial Day, and they'll pay the price at the pump.
Things are going to be very busy at Chicago's O'Hare International Airport this weekend. Many travelers will also hit the roads for Memorial Day, and they'll pay the price at the pump.
Thursday, May 23 2013 2:18 PM EDT2013-05-23 18:18:06 GMT
Illinois legislation allowing public possession of concealed guns has passed the House Judiciary Committee. It was a compromise backed by Speaker Michael Madigan.
Illinois legislation allowing public possession of concealed guns has passed the House Judiciary Committee. It was a compromise backed by Speaker Michael Madigan.
