Tel Aviv plans to double curbside parking rates

Tel Aviv – The Municipality of Yafo plans to nearly double the price of blue and white curbside parking for out-of-town residents from NIS 6.30 per hour to NIS 12. The municipality is still developing the plan and does not yet have a date for it to come into effect.

As part of a study on the issue, the municipality of Tel Aviv – Yafo found that the rates currently charged are at least 75% lower than the real price of parking (6 NIS per hour instead of 24 NIS per hour). hour in Ahuzat Hahof car parks in downtown) and between 30 and 50 NIS per hour for private car parks).







Tel Aviv – The Municipality of Yafo also believes that, like other major cities in the developed world, cheap parking only entices people to bring their cars into the city and the current cheap curbside parking encourages this, which is also against government policy.

At the same time, Tel Aviv is introducing more public transport lanes and bike lanes to provide alternatives to the car and later this year the red light rail line is set to open with the purple and green lines at follow in the years to come. Carpooling alternatives like Bubble have also been introduced.

Tel Aviv – The municipality of Yafo has reduced the number of parking spaces in the city center by 2,200 over the past five years while 11,900 spaces have been added in private lots.

As part of the Economic Arrangements Law passed by the Knesset in November, the finance and transportation ministries have pushed for reform of local government parking rates. The reform has two stages: the first already in force ended the maximum rate restriction of NIS 6.30 per hour for blue and white curbside parking. The second stage, which will come into effect in 2024, and will only apply to cities with more than 40,000 inhabitants, will allow car owners to park for free only in their own residential area rather than in the whole city.

Published by Globes, Israel business news – en.globes.co.il – on March 28, 2022.

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