City Selects ACS, Denison Global Parking and Evens Time Team as New Parking System Operators
Proposal will generate $35 million upfront and more than $400 million total for infrastructure; ACS will create 200 new jobs over two years
On August 20th, Mayor Greg Ballard announced the City selected ACS, A Xerox Company, as the operator of Indianapolis’ public parking system. The ACS team includes Denison Global Parking and Evens Time and was selected from 16 bids as the proposed operator of the City’s meters, garages and lots. The proposal will result in a $35 million upfront payment, with ongoing revenues to the city totaling more than $400 million over the 50 year agreement, in addition to the creation of 200 jobs in Indianapolis.
“This collaboration with ACS will enhance our City’s already vibrant economic environment and, in addition, create 200 new jobs for our residents,” said Mayor Ballard. “Because of this proposal, significant infrastructure improvements will be completed in the downtown and Broad Ripple areas, but also Rebuilds Indy in another way—through modernizing our parking system and bringing new convenient technology to Indianapolis.”
Learn more at www.indy.gov/parking.