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Hamilton County offering parking discounts at Central Riverfront Garage for carpoolers

The first phase of the Central Riverfront Garage has opened beneath The Banks development downtown, and regional leaders are looking to capitalize on rising parking rates by offering discounted parking specials for those who carpool. Will the financial incentive be enough to get you to participate in the region’s RideShare program?

The OKI Regional Council of Governments (OKI) is working with Hamilton County leaders to further incentivize carpooling into downtown Cincinnati. A new pilot program would allow those participating in OKI’s free RideShare program to park at the county-owned Central Riverfront Garage underneath The Banks for just $25 per month.

Those who park at the Central Riverfront Garage now have to pay $100 per month after Hamilton County leaders raised the rates by 25 percent. The first phase of The Banks includes 3,300 parking spaces. Future phases currently under construction will add an additional 4,300 parking spaces that lift The Banks development out of the Ohio River flood plain.

Interior of Central Riverfront Garage

Presently OKI’s RideShare program acts as a facilitator for those interested in carpooling to and from work. The program uses a database of 800 registered commuters to link interested individuals up with others who are looking to carpool.

Those interested in participating are able to register online, or call (513) 241-RIDE. The program also offers a guaranteed ride home offer that offers an 80 percent reimbursement of the cost of cab fare or transit fare home in the case of an emergency or unexpected overtime.

This new discounted parking incentive will be OKI’s first endeavor into offering financial incentive to use their RideShare program above and beyond AAA’s estimated 56 cents per mile cost associated with driving alone. If you are currently commuting to and from downtown along, will this parking incentive be enough to get you to utilize OKI’s RideShare program?

By Randy A. Simes

Randy is an award-winning urban planner who founded UrbanCincy in May 2007. He grew up on Cincinnati’s west side in Covedale, and graduated from the University of Cincinnati’s nationally acclaimed School of Planning in June 2009. In addition to maintaining ownership and serving as the managing editor for UrbanCincy, Randy has worked professionally as a planning consultant throughout the United States, Korea and the Middle East. After brief stints in Atlanta and Chicago, he currently lives in the Daechi neighborhood of Seoul’s Gangnam district.