Top 100: Standard Parking

Nobody likes paying for parking. Standard Parking CEO Jim Wilhelm says that doesn't mean a parking vendor has to make the experience of forking over $30 to hang in the Loop more unpleasant than it has to be.
 

Standard Parking  started in 1929 when the owner of a downtown Standard Oil station started renting out space in his lot and ended up making more from that than selling gas. Jim tells us he joined the family owned company in 1985 after having worked with them on the last O'Hare expansion plan, where he reorganized a grossly inefficient parking system. Under his tenure, the company expanded from fewer than 30 garages in Chicago to 2,200 nationwide.

 

Jim predicts recent parking meter increases may drive parkers off the streets and into garages. He's also looking forward to supporting green auto development by offering plug-in stations at his garages.

Standard has lots at many area landmarks: Water Tower Place, US Cellular Field, and the United Center (and no, there's not going to be a parking deck by Wrigley anytime soon). Standard even has its own university for employees, from sales to parking lot attendants, ensuring goals are met for cleanliness and friendliness.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

What's At Stake For CRE In Tuesday's U.S. Midterm

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

New Bears Stadium Proposal Floated For Bridgeport

Prologis To Develop 3.8M SF Industrial Park On Former Casino Site

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

$120M Ambulatory Center Planned For Suburbs: The Chicago Deal Sheet

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Obama Center Shows Chicago Is Starved For Development

Mapped: Major Chicago Office Sales Since 2024

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown