Diogenes

SP Plus Corporation Upgrades Parking Services on the University of Akron Campus

Retrieved on: 
Tuesday, December 12, 2023

The University of Akron has entered into a 35-year parking monetization, structured as a tax-exempt bond transaction, with a team led by Diogenes Capital, SP+, and KeyBanc Capital Markets.

Key Points: 
  • The University of Akron has entered into a 35-year parking monetization, structured as a tax-exempt bond transaction, with a team led by Diogenes Capital, SP+, and KeyBanc Capital Markets.
  • Investment in campus parking facilities, operations, and technology will provide an improved overall customer experience.
  • 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 University of Akron as their new parking services provider, and look forward to serving the campus community for many years to come,” said Tom Hagerman, Senior Vice President, SP+ Corporation.

SP Plus Corporation Assumes Parking Operations at the University of Toledo

Retrieved on: 
Monday, October 11, 2021

CHICAGO, Oct. 11, 2021 (GLOBE NEWSWIRE) -- SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, assumes the role of parking operator for the University of Toledo.

Key Points: 
  • CHICAGO, Oct. 11, 2021 (GLOBE NEWSWIRE) -- SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, assumes the role of parking operator for the University of Toledo.
  • At the University of Toledo, ParkUToledo was formed through a public-private partnership to align with efforts to modernize the campus parking operations and assets.
  • SP+ was selected by the University of Toledo through a competitive process and is responsible for the day-to-day parking management, customer service and maintenance of the campus parking facilities, which includes 66 surface parking lots with more than 10,000 spaces.
  • We are especially excited to welcome the University of Toledo parking staff and students who now work as ParkUToledo employees.