By now I am sure you have heard that the Board of Trustees voted to affirm the University’s recommendation to accept the $483 million bid submitted by QIC Global Infrastructure.
This agreement to lease our parking operations is expected to be effective in early October. We will be quickly engaging in significant discussions with QIC, their operating partner LAZ, and the recently formed CampusParc, which will be QIC’s local entity responsible for the overall agreement and management of the operation.
Through these discussions, we will identify a series of next steps and put together a detailed plan to ensure this transition is smooth and transparent to those who work and park at Ohio State.
You may be aware that Columbus native and OSU alumnus Bill Lhota has agreed to serve as the Chair of the Board of CampusParc. We are pleased with this decision and look forward to working with a team led by someone with a unique understanding of the University and regional transportation, parking and planning in central Ohio.
While this transition means a new way of managing our parking operations, the potential benefits for every segment of our University community are tremendous. We will communicate whenever necessary, but overall, you should expect business as usual with our parking system.
After the transition, we will have measures in place to get feedback from you and track the overall quality of the parking operations to make certain the detailed operating standards in the contract are upheld. Our goal, in coordination with QIC, LAZ and CampusParc, is to manage a transition and operations that ensure you receive the high level of service that you expect from Ohio State’s parking system.