The new charges means council car park charges in the city centre are aligned with the vast majority of privately-owned car parks and reflect the increase in costs to run the service.
Having well-maintained, safe and secure car parking facilities to serve customers coming in is an important part of Wolverhampton's future development and builds on the major investment being made in the city centre.
Visitor figures grew in 2023 reflecting the strong offer provided by the city centre’s major visitor venues, such as the Grand Theatre, Wolves Football Club, and University of Wolverhampton at The Halls entertainment venue.
They will be further boosted by the opening in 2025 of a new leisure hub at the Mander Centre and an expanded independent cinema at the Chubb Building.
Seasonal parking permits are also available on all city centre car parks with discounts offering a 10% reduction per quarter, and 20% per annum. A discount of up to 25% is available for those purchasing business permits.
City of Wolverhampton Council-owned car parking spaces currently account for 41.8 % of the city centre provision.
The charges have been zoned with various pricing options available for drivers and future incentives will be considered to encourage visitors in too.
It is important to point out that like other councils, we are facing significant financial challenges, needing to save £32.6 million over the next three years.
The new prices, which are comparable with neighbouring local authorities, are expected to generate an additional £1m a year towards the budget challenges.
This money will also help protect critical frontline services and provide support for the most vulnerable and needy in the city.