Tel Aviv Raises 'Achuzot HaHof' Parking Rates by 20% and Tightens Resident Discounts

The Tel Aviv-Yafo Municipality has announced a sharp 20% increase in parking fees at the municipal "Achuzot HaHof" parking lots, along with stricter conditions for city residents. The new measures include raising hourly parking rates to 6 shekels for residents, up from 5, and 24 shekels for non-residents, up from 20. Nighttime rates will also rise to 9 shekels for residents (from 7.5) and 36 shekels for non-residents (from 30). Additionally, in four parking lots, the start time for the discounted "night mode" will be delayed from 7 p.m. to 9 p.m., forcing residents to pay regular hourly rates during the extended evening hours.

Resident discounts at the Tel Nordau, Basel, Sheraton, Bugrashov, and Bnei Dan lots will be reduced from 75% to 50%. The "close to home" benefit in the Tel Nordau, Basel, and Bnei Dan lots will now begin at 9 p.m. instead of 7 p.m., requiring nearby residents to pay standard rates for additional evening hours. This price hike comes roughly two years after a similar increase of 25% was implemented, alongside expanded parking zones and doubled parking areas in the city.

The municipality reiterated that these steps are necessary to manage scarce parking resources and encourage alternative transportation, noting that municipal parking rates remain lower than private alternatives. Achuzot HaHof management stated that despite the increase, their rates remain significantly cheaper than private lots nearby. They cited rising operational and maintenance costs, revenue losses due to parking laws, and the need to better reflect the economic value of parking as reasons for the update. The goal is to manage demand, reduce traffic congestion, and improve parking availability in commercial, entertainment, and cultural areas.

Separately, the article mentions a transportation sector deal where Metropoline is acquiring the company Tenufa, though no further details are provided.