# Off Street Parking Board 10292026

The City of Worcester Off-Street Parking Board meeting (meeting metadata dated November 3, 2026; title references October 29, 2026) approved the April 29, 2025 minutes and unanimously approved a parking agreement with 22 Elm Street LLC for 50 nonreserved spaces at the Pearl-Elm Garage. The agreement has a 10-year term and allows either party to terminate with 30 days’ written notice; adding spaces would require a contract amendment and further board approval. The spaces will serve a recently completed 22-unit affordable condominium development, described as a $14.3 million investment, with no on-site parking. The board also reviewed FY2026 parking finances: approximately $5.894 million in revenue, $6 million in expenses, and a net loss of $123,383 for garages and lots, with an ending fund balance of about $4.363 million. Staff said recommendations for monthly parking rates will be presented at a future meeting.

Staff reported that a new stairwell at the Federal Plaza Garage, including lighting and painting, was completed for approximately $700,000. Waterproofing and a fire alarm system at the Union Station Garage are out to bid, with an estimated gross cost of about $2 million and 80% expected to be covered by federal funding. A contract is anticipated in the first quarter of 2027, with work expected to finish during 2027; the final cost and local share may vary with bid results. No award for that project was reported at this meeting.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure
**Topics:** Physical Infrastructure, Grants & Funding
**Published:** November 03, 2026

### Sources
- [Off Street Parking Board 10292026](https://www.youtube.com/watch?v=M5kAyCTbQhQ) - City of Worcester