Wake Forest Renaissance Plan - September 2017

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C h a p t e r 7 M anage t he C a r s

7.3 Long Term Parking Strategies

As downtown continues to evolve, longer term strategies for parking include:

Add a pay station to the White Street public lot The public parking lot on White Street is likely the most convenient and coveted lot in downtown, as it is well-located, is free of charge and has clear signage. As parking demand increases in downtown, we recommend the Town begin charging a fee for parking in this lot. Meter White Street spaces Once the free 2-hour White Street parking is managed properly and parking demand increases, install parking meters. This is another prime parking location that should be in high demand and have frequent turnover. Increase parking fees and transit accessibility Over time, increase parking fees for metered spots and public lots as well as public transportation access. Build a public parking deck (only for a specialized use) A structured parking deck is too costly and not necessary for downtown Wake Forest neither with the current demand nor with the forecasted build out. However, if the Town desires to build a specialized use development, such as a performing arts center or other large public venue, then the need for a structured parking deck to serve that and other nearby uses should be studied.

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