NORMAN — Having adequate parking spaces for customers is often one factor that determines whether a business succeeds or fails.
The city of Norman, the Norman Downtowners Association and Republic Bank have partnered on the city’s public parking lot on the south side of Gray Street, between Peters Avenue and Crawford Avenue.
It’s been a lengthy process, but that project moved one step closer to completion this week as an additional 40 spaces opened in the lot’s northwest corner. The Phillips Building was razed to expand the existing parking lot.
Next month, the city plans to install smart parking meters. It will be convenient for customers doing business downtown. The goal is to free up spaces for transient customers and push daylong parkers out of the lot.
New restaurants and other businesses opening downtown will be able to direct customers to the lot. It didn’t take long to fill up the existing lot, and we suspect the 40 new spaces are filling fast, too.