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PPA Ends Management of Underground Parking Garage at Love Park

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For Immediate Release: June 26, 2014
Contact: Marty O’Rourke @ 215.882.2658

PPA Ends Management of Underground Parking Garage at Love Park

After an extensive RFP (Request for Proposals) process, the City of Philadelphia awarded Chicago based InterPark, LLC, the sale of the underground garage at Love Park for $29.6 million. The sale closed today and management of the garage will be transferred from the Philadelphia Parking Authority to InterPark at 8:30 tonight. 
The garage was built by the City in 1964 as part of the development of JFK Plaza and the Municipal Services Building. It was operated by a private parking firm until 2008 at which time the Philadelphia Parking Authority began managing the garage.  
Laz Parking has been retained by InterPark to manage the facility and will replace all the existing personnel represented by the Teamsters, many of whom have been employed at the garage for over twenty years.
Other PPA parking garages in the area are: Gateway Garage, 1540 Vine Street; AutoPark @ Jefferson, 14-18 S. 10th Street; AutoPark @ Gallery, 44 N. 9th Street. For information on daily and monthly parking rates at these facilities call 215-683-9687 or visit the PPA’s website for other parking options: www.philapark.org.
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