Longboat Key, Florida | May 14th, 2019 – The world-class commercial hub of St. Armands Circle now offers an added convenience, with the April 29 formal opening of $15-million parking garage at 47 North Adams Drive. This new facility, which has been on a trial run since February this year, shall prove its worth very soon as St. Armands hosts many upcoming special events.
The new garage which features 484 parking slots should benefit many of those who’d visit St. Armands this coming May 24‒26 for the 3rd Annual St. Armands Seafood & Music Festival. Also set in June are a crafts festival and the St. Armands summer sidewalk sale.
The rate at the St. Armands parking garage is set at a reasonable 50 cents an hour per vehicle. Besides the parking spaces in the four-level garage, the facility also includes 23 surface parking spaces nearby. The garage also features five electric vehicle charging stations, a tire inflation station, and a bike storage and repair station.
There are two public restrooms in the parking garage too, facilities which St. Armands visitors would surely find convenient. Notably, the garage has an elegant and classic architectural design which fits so appropriately with the St. Armands neighborhood. It is likewise environment-friendly, as most of the materials used in the garage project were recycled.
What Drivers Need to Know
The roof of the garage, moreover, has solar panels that provide 25 percent of the energy that is necessary to power the garage. The garage is open to the public 9:00 a.m. to 8:00 p.m. all days of the week. On city holidays and Sundays, parking is free in the garage.
Funding for the parking garage construction came from the city and commercial property owners in St. Armands who agreed on higher tax levies to pay for the garage construction. Financing of the garage is likewise linked to a district-wide paid street parking program of the city which was first implemented in St. Armands Circle in February.
Motorists parking in St. Armands Circle pay varying rates depending on the location. In prime spaces, the fee is $1.50 per hour and $1 per hour in more remote locations. On South Adams Drive the charge is even lower at 75 cents per hour. Close to 200 parking spaces in St. Armands will remain free.
There are 40 pay stations for parking already installed around St. Armands. At these stations, drivers will input their vehicle’s license plates to pay for a parking space. Coins as well as credit and debit cards are accepted in the pay stations. A phone app—ParkMobile—can also be used to pay for parking space.
Same System Set Downtown
The same paid parking scheme is set to be implemented in phases at the Sarasota downtown. In June, the implementation begins at the judicial district and continue to locations west.
Majority of the pay stations are planned on Main Street, covering the stretch from School Avenue to Gulfstream Avenue. Some parking meters will also be set on Palm Avenue and on Ringling Boulevard.
Sarasota is actively seeking way to further improve city facilities that contribute to the quality of living in its communities. As these moves could have potential impact on property values, make sure you’re on top of these dynamics when buying or selling a Sarasota residence. Consult our Judy Kepecz-Hays team; we can provide you with more updates on events that shape the fortunes of our real estate market.
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