The U.S. Supreme Court on Monday declined to hear a challenge from Chicago drivers over hourly meter rates for public parking in the city, in a case that sought to void Chicago's 75-year, $1.15 billion contract with a private equity firm managing the system.

In retrospect, giving an investment bank complete control over a city's parking meters for 75 years might not be a great idea.

While it’s possible to cope with the horrible parking deal through design and policy, we really need to abolish it altogether.

By Chrissy Mancini Nichols Mar 18, 2014 This post first appeared at metroplanning.org Executive summary While I was with the Metropolitan Planning Council (MPC) I analyzed the 2013 Chicago parking meter concession renegotiation and found that the settlement will save the City of Chicago and

The complaint, filed Wednesday in federal court in Chicago, says the deal with the city has brought increased parking rates and restrictions on other forms of travel.

Despite the backlash from those who argued that free, super-convenient parking is a social justice issue, the city installed the pay-and-display boxes, and the meters were activated this morning.

Pay-to-park meters are being installed at two of Montrose Harbor's most popular attractions, as well as in several parts of Lincoln Park.

One of the last free public parking lots along the shores of Lake Michigan in Chicago will see parking meters go into action on Thursday, as city officials look for additional funds to help close budget gaps. The action, agreed to in Mayor Lori Lightfoot’s last budget, has encountered criticism, as park-goers say it will reduce accessibility for the public…

The plan, which was approved by the City Council in November, has drawn outrage from residents and organizations who say the cost of metered parking will limit access to the lakefront. A petition against the meters has gathered thousands of signatures.