Case Study: a major finance corporation saves $22M a year with Commutifi's commute capital management

How a Major Corporation Revised its Approach to Parking—and Saved $22M/Yr in the Process

A major finance corporation faced a significant challenge while building its new world headquarters; the site was on track to max out its parking demand, and constructing an additional parking structure seemed like the only solution at a cost of tens of millions of dollars. The company engaged Commutifi and its strategic advisory services, specifically its Commute Capital Management (CCM) approach, to address this problem.

Commutifi’s solution involved running complex, data-backed models to develop an alternative plan. This included launching private shuttle routes, working with local public transit to build new lines, and doubling campus bike parking. This strategy entirely negated the need for a new parking structure. As a result, the major finance corporation saves a minimum of $22 million USD per year.