The review of waiting restrictions and parking in the Broad Street and High Street area also aims to improve traffic flow, as well as junction safety.
People are being asked for their comments on the proposals which are on show in Staple Hill Library as well as on the South Gloucestershire Council website.
The council says the proposals would support local businesses by increasing the availability of short stay parking within the shopping area.
All the on-street parking bays in the town centre currently offer two hours of parking. It is proposed that the short stay parking bays between the library and Page Road junction are changed to allow a maximum stay of one hour, with no return within two hours.
The remaining short-stay parking bays east of the library on Broad Street and west of Page Road on the High Street would continue to offer a maximum of two hours’ parking, but the ‘no return’ period would be increased to four hours.
Some extra two-hour maximum stay parking bays are proposed for shoppers outside Maygar House on Broad Street, and on Haynes Lane for people using the local surgery.
It is proposed that the existing Page Road long stay car park be changed to offer short stay parking only (two hours maximum).
To compensate for the loss of long stay parking, the existing short stay car park in Haynes Lane would become a long stay car park.
Extra waiting restrictions (yellow lines) are planned at Broad Street, Kendall Road and Upper Station Road to improve junction safety and traffic flow.
If there is enough support for these ideas from local business and residents, they will be brought in during this financial year.
Comments must reach the council by Monday 9th September.