FOR IMMEDIATE RELEASE: June 10, 2019
The name change reinforces the company’s investment in innovation and the changing mobility landscape.
Hartford, Connecticut – The nation’s largest privately-owned parking company, formerly known as Propark America, has changed its name to Propark Mobility. The rebranding of the company reflects its growing involvement in transportation and mobility solutions.
“Propark has always been an innovator, an industry market leader and a pioneer in forward thinking technologies. In a rapidly changing mobility world, and in that spirit of innovation, I am so excited to announce that we are changing our name to reflect the evolution in the urban mobility marketplace from Propark America to Propark Mobility,” explained Propark Mobility’s Chief Executive Officer, John Schmid. “This change reflects our forward-thinking shift from parking cars to the new landscape of mobility services, and contemplates the intersection of mobile intelligence and smart garages in the new era of urban mobility within city centers.”
Repositioned as a technology company, Propark Mobility is the compilation of disruptive
technology strategies that reflect the patterns of the mobility options that are now available to accelerate ease of movement within urban ecosystems. The new urban garage is now a sustainable “neighborhood-centric nest” for mobility services, including electric vehicle charging stations, mobile phone parking apps, mass transit connectivity hubs, package delivery locker stations, and much more.
“We realize the urban garage in a smart city is a mobility facilitator. We also understand the
importance of big data and analytics and have made significant investments into providing more value for our clients,” continued Schmid. “We recognize the mobility landscape is rapidly changing and that real estate asset valuation will be contingent on forward thinking adaptability.”
About Propark Mobility
Propark Mobility is one of the country’s largest privately-owned parking and transportation
companies, providing full-service parking solutions and mobility services for all business types, in over 75 cities across the United States. For more information, please visit www.propark.com.