Friday, February 23, 2024
Regional News

Connecticut Companies Implement Employee Parking Reforms

Aetna, the health insurance company, is changing its parking policies in an effort to induce more of its downtown Hartford employees (projected to be 6,400 by 2010) to ride transit. All Aetna workers, except those who belong to vanpools, will pay parking fees ranging from $75 to $200 per month. In return, the company will increase its employee transit subsidy from $21 to $30 per month and build more bike parking. Aetna’s goal is to reduce its parking needs to half of what its current zoning dictates (from 6 to 3 spaces per 1,000 square feet of office space), thus lowering the cost of parking facilities. Aetna’s planned reconstruction of an old garage will incorporate a station stop for the proposed Hartford-New Britain busway. Aetna joins ING Group and St. Paul Travelers which have similar programs.