Parking meters installed at Century Square.

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COLLEGE STATION, Tex. (KBTX) - For those looking to shop or eat at any of the establishments at Century Square across from campus, you will have to pay to park.

New parking meters were installed Monday night.

According to a press release from Century Square representatives, the street parking will be $3 for the first hour, with a $2 increase for every hour after that. There will be a daily max of $25 for more than four hours of parking.

For the parking garage, the first 30 minutes are free, but then $1 every 30 minutes after that. The daily max in the garage is $10.

For employees at Century Square, the parking will remain free.

Free short term parking will be made available for those looking to make quick stops or picking up carry out.

In the release, Century Square says the purpose of the parking meters is to keep parking available to patrons of their business. They also want to deter people from parking there during events or classes on campus.

A manager for Hopdoddy Burger Bar says that he knew that the parking meters were a possibility, but he was only told that the meters would be built a few days ago. He fears that they will hurt the businesses at Century Square, and people seem to agree.

"In the long run it is only going to hurt the restaurants," says Erik Urquidi, a student at A&M who was shopping at Century Square Tuesday. "Cause with so many restaurants why would I want to pay for parking when I could just go down the street and get free parking."

Urquidi didn't even know that the parking meters were even in place. He says that there weren't any signs in place to alert him of the new rules.

As a warning, cars that didn't pay the parking fees were attached with a notice on their windshield that let drivers know they need to pay for their spot.

People were not fined today, but it is unclear when that grace period will come to an end.