CampusParc is responsible for the operation of The Ohio State University’s parking system, including management of the permit system, parking enforcement, customer service, motorist assistance, event parking management, and parking facility maintenance, including major renovations. The parking system, one of the largest of its kind, is comprised of 5 million square feet and 13,000 spaces within 16 garages, and 7 million square feet and 23,591 spaces within 196 surface lots, for a total of 36,591 system spaces.
CampusParc operates the parking system through a 50-year lease, known as a parking concession, which began in September 2012. As a result of the concession, the university received a one-time, up-front payment of $483 million that is expected to provide $3.1 billion in investment earnings for academic initiatives. In the first 24 months of the concession, the initial $483 million created $242 million in interest, funding teaching, learning, research, transportation, and sustainability. Click here to learn more about the concession agreement between CampusParc and Ohio State.
To provide safe, efficient campus parking and good stewardship of the parking system assets and to achieve the investment expectations of our investors
is to be recognized within the industry as experts in campus parking due to our:
- Fact-based, data-driven decisions;
- Helpfulness and courtesy;
- Effective operational approach;
- Long-term planning and forward thinking; and
- Strategic investments in the parking system
We treat people the way we want to be treated and are socially conscious.
Integrity. We are honest and open. We do what we say we will do.
Collaboration. We work with others to achieve shared goals.
Accountability. We take ownership of our decisions and responsibility for our actions.
Respect. We seek and appreciate diversity of views, cultures and ideas.
Excellence. We strive to exceed expectations.