Contact: Matthew Brelis or Richard Walsh
Parking Rate Adjustments To Boost HOV Use, Fund Infrastructure and Airport Accessibility
$3 Daily Increase at Logan Terminal Garages, $4 Decrease at Logan Express Lots; No Change to Economy Lot or First Two Hours at Logan Garages
BOSTON – The Massachusetts Port Authority is proposing parking rate adjustments to boost high occupancy vehicle use, fund Boston Logan International Airport infrastructure improvements and improve airport accessibility.
The centerpiece of the proposal is a $3 increase in the rate for central parking – up to a maximum of $27 per day. This will be combined with a $4 decrease in the daily rate charged at Massport’s four suburban Logan Express lots. The rates for Logan’s economy parking and the first two hours in central parking will not change. If approved by the Board at the Feb. 16 meeting, the rate changes could go into effect as soon as March 1.
Massport staff will present the proposal to the Audit & Finance Committee of the Board on Feb. 7 at 5 p.m. at the Logan Office Center, One Harborside Drive, East Boston. Individuals wishing to comment on the proposal should attend the meeting, or submit their comments via email to email@example.com with the subject line Logan Access and Parking.
“Massport’s surface transportation goal has always been to provide a range of ground access options for air passengers, airport employees, and other airport users,’’ said David Mackey, Interim CEO of Massport. “We accomplish this goal by promoting HOV ridership, reducing reliance on single-occupant vehicles, and maintaining and enhancing transportation access and parking options in and around Logan Airport. By providing a diverse range of environmentally responsible alternatives, reliance on automobiles has diminished, reducing traffic congestion and improving air quality. Logan is a national leader in HOV access to the airport. We are committed to increasing the HOV mode share and promoting public transit to and from the airport.’’
Reducing the number of airport passengers and employees who drive to the airport is critical, especially when the growing number of Logan passengers strains the airport’s parking inventory. In 2011, Logan set a passenger record with 28.9 million. In the last two years, Logan has seen the number of parking exits increase by nearly 200,000, almost four percent year-over-year growth.
“No one wants to miss a flight because they could not find a place to park. And garage overcrowding is occurring more frequently,’’ said Mackey. “During certain high-demand periods, the garages near Logan’s terminals are filled first; then passengers are diverted to remote facilities; then valet “stacking” is used, requiring passengers to surrender their keys so cars can be moved as spaces open up; and finally, as a last resort, very remote lots are used to handle parking overflow. Despite Massport’s best efforts, however, whenever demand persistently exceeds supply service levels and customer satisfaction falls off; asking passengers to turn over their keys is optimal for no one.’’
Some travel demand models suggest that Massport can increase Logan Express parking by as much as 10% through a combination of price adjustments at both Logan Airport and Logan Express lots in Braintree, Framingham, Woburn and Peabody. Besides providing a price incentive for passengers to switch transportation modes, the parking rate adjustment will fund a number of initiatives that both improve traffic efficiency around Massport’s facilities as well as reduce the impact of traffic on our neighbors.
The rate increase will help finance debt service and amortization costs of over $90 million in recent parking infrastructure improvements for the new Economy parking garage, Terminal B garage rehabilitation, and other Logan Airport parking projects. Furthermore, the parking adjustments will help finance construction of the Marty Coughlin By-Pass Road that will take airport traffic off local streets, and the East Boston Greenway which will give residents greater access to recreational assets in their community.
Massport will work with the MBTA to enhance the Silver Line experience by installing Flight Information Display monitors in South Station and Silver Line “next bus” arrival updates at Logan’s terminals. As part of its commitment to make public transportation a more obvious choice based on price, convenience and carbon footprint, Massport will also conduct an awareness campaign highlighting the T’s access to Logan Airport.
Boston Logan, 15 minutes from the intersection of Route 128 and I-90 and five minutes from downtown Boston, serves as the gateway to the New England region and offers nonstop service to 72 domestic and 31 international destinations and in 2011 handled 28.9 million passengers. Boston Logan is the Air Line Pilot Association’s Airport of the Year for 2008 because of its commitment to safety. Over the past decade, the airport spent $4.5 billion on a modernization program that includes new terminals, public transportation access, parking facilities, roadways and airport concessions, and has been transformed into a world-class 21st Century facility. The airport generates $7 billion in total economic impact each year.
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The Massachusetts Port Authority (Massport) owns and operates Boston Logan International Airport, public terminals in the Port of Boston, Hanscom Field and Worcester Regional Airport. Massport is a financially self-sustaining public authority whose premier transportation facilities generate more than $8 billion annually, and enhance and enable economic growth and vitality in New England. No state tax dollars are used to fund operations or capital improvements at Massport facilities.