INDIANAPOLIS — Hoosiers looking to park in Broad Ripple or downtown Indy should expect an increased rate starting next month. ParkIndy, the LLC that regulates much of the public parking throughout Indianapolis, announced recently that parking rates in both Broad Ripple and downtown will be increasing from $1.75/hour to $2/hour. This change will take effect on Feb. 2. The company said that only Indy Zones 1 and 4 - which cover popular streets like Broad Ripple Ave. and Mass. Ave. - will be affected by this change. The company confirmed on social media that despite the change in pricing, parking hours will remain the same. Current paid parking hours are 7 a.m. to 11 p.m. on Monday through Saturday and Sundays are free. ParkIndy is in partnership with the ParkMobile app, which many Hoosiers use to pay public parking fees in the city. For more information on the LLC and its partnership with the City of Indianapolis, click here.