Pay parking at Granville Island sees rate hikes and significantly expanded hours

Starting in May 2024, expect higher rates up to $5.00 per hour for pay parking at Granville Island, along with extended pay parking hours spanning basically all daytime hours — earlier into the morning and well into the evening.

Since 2019, there has been some form of pay parking at Granville Island’s parking lots as a measure to better manage high parking demand and ease traffic congestion, as drivers are known to circle the island searching for a free parking spot. This ended decades-long free parking across all hours at Granville Island.

Over the past five years, except for the brief free parking period early on in the pandemic, pay parking has been in effect for seven hours daily from 11 am to 6 pm. Parking remained free between 6 pm and 11 am.

Pay parking rates starting in 2019 were $2.00 per hour on weekdays and $3.00 per hour on weekends and statutory holidays. Since 2021, the rates were increased to $3.00 per hour on weekdays and $4.00 per hour on weekdays and holidays from May 1 to September 30 during the peak season, and $2.00 per hour on weekdays and $3.00 per hour on weekdays and holidays from October 1 to April 30 during the low season.

However, that is about to change beginning in early May 2024, with Granville Island expanding its pay parking hours to 13 hours daily — from 9 am to 10 pm.

Additionally, a new pay parking rate structure with variable rates depending on the time of day will be introduced.

For the peak season between May 1 and September 30, pay parking will now be $3.00 per hour from 9 am to 6 pm on weekdays, $5.00 per hour from 9 am to 6 pm on weekends, and $1.00 per hour from 6 pm to 10 pm on both weekdays and weekends.

For the low season between October 1 and April 30, pay parking will now be $2.00 per hour from 9 am to 6 pm on weekdays, $4.00 per hour from 9 am to 6 pm on weekends, and $1.00 per hour from 6 pm to 10 pm on both weekdays and weekends.

Daily Hive Urbanized has reached out to CMHC Granville Island for comment.

Over the years since the pandemic, even with pay parking, there have been growing reports on social media of worsening traffic congestion in Granville Island, with drivers unable to find a parking space, especially during peak times.

There are roughly 1,200 vehicle parking stalls across Granville Island. The single largest use on the island is vehicular circulation and parking, which accounts for over 25% of the island’s land use.

But according to CMHC’s 2017-created Granville Island 2040 master plan, the longer-term vision is to replace much of the island’s existing parking lots with pedestrian-oriented and event-friendly public spaces, and new programming and attractions. The master plan also calls for the potential for off-island parkades within very close walking proximity, improved pedestrian and cyclist infrastructure, the construction of an elevator/staircase tower to reach Granville Street Bridge’s new pedestrian and cycling pathways, and significantly improved public transit connections, such as a revival of the False Creek South streetcar reaching SkyTrain’s Olympic Village and Main Street-Science World stations.

Early this year, CMHC Granville Island reached completion on its first major redevelopment in decades — the conversion of the “Chain & Forge” building from its longtime uses as an indoor and outdoor parking area to leasable space for up to seven new additional businesses (about 9,000 sq ft of new retail and restaurant uses) and a public plaza. This project was identified as a priority under the master plan.

Previous condition:

chain and forge granville island

Previous condition of the Chain & Forge building at Granville Island. (Google Maps)

New condition:

chain and forge granville island

Artistic rendering of the redeveloped Chain & Forge building at Granville Island. (CMHC Granville Island)

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