“As the Project Sponsor and Asset Manager under this Concession Agreement we are delighted to be partnering again with SP+ and are confident in their ability to exceed the performance standards and customer experience expectations of the University,” said
Upgrades to the on-campus system will include, but is not limited to:
- Investment of approximately
$11 million over the first five years of the concession to address deferred maintenance and enhance parking system infrastructure. - Utilization of Sphere technology to enable parkers to pay by phone. QR codes will be available for the campus community to scan and pay either online or via text, essentially converting almost any parking spot into a metered parking space. The process will be touchless, quick and easy with no need to find a pay station, stand in line, touch equipment, or interact with personnel.
- Funding for long-term maintenance of more than
$61 million over the term of the agreement. - Utilization of new and more reliable parking shuttles for expanded service hours and less wait time. The campus shuttle will continue to offer free services to students, faculty, and staff.
- Improved customer service experience and response time from an experienced, professional third-party operator with resources to expand personnel.
Additionally, UAkronPark will directly and indirectly give back to the campus community throughout the lifetime of the concession. This includes, investing in campus projects, offering scholarships to UA students and actively participating in and sponsoring campus events.
“We are proud to be selected by the
About SP+
SP+ (www.spplus.com) develops and integrates industry-leading technology with best-in-class operations management and support to deliver mobility solutions that enable the efficient and time-sensitive movement of people, vehicles, and personal travel belongings. With over 20,000 team members located throughout
CONTACT:
SP+
Director of Corporate Communications
312-274-2102
Source:
2023 GlobeNewswire, Inc., source