CHICAGO, Oct. 24, 2016 /PRNewswire/ -- As more and more residents and business owners are drawn to Chicago's Wicker Park/Bucktown neighborhood, local housing, retail and transportation options grow in complexity and diversity. Apartment and condominium properties are being redeveloped. New shops, restaurants and galleries are emerging. And Enterprise Rent-A-Car and Enterprise CarShare locations offer flexibility, convenience and affordability, with rental vehicles available for an hour, a day, a week, or even longer.
A Landmark District since 1991, the Wicker Park/Bucktown area is designated by Armitage Avenue to the north, Chicago Avenue to the south, I-90/94 to the east and Western Avenue to the west.
"Many of our neighbors rely on mass transit during the workweek, but prefer alternative transportation on weekends and holidays. Others already own cars, yet look for different vehicles from time to time for special errands or out of town guests," explained Mario Petrella, Regional Vice President for Enterprise.
"That means Enterprise is able to help provide strategic urban mobility solutions," Petrella noted, "both as a part of the local transportation infrastructure and as a good neighbor in the Wicker Park/ Bucktown community."
Enterprise Rent-A-Car is the flagship brand for Enterprise Holdings, the world's largest car rental company, which also owns the National Car Rental and Alamo Rent A Car brands. Enterprise Holdings operates – through an integrated network of regional subsidiaries and franchise locations – more than 6,400 fully staffed airport and neighborhood offices from coast to coast, all located within 15 miles of 90 percent of the U.S. population.
The company also rents more than a million vehicles each week, with car classes ranging from economy, full-size, luxury and minivans to SUVs, pickup trucks and cargo vans. Furthermore, the size, flexibility and accessibility of Enterprise Holdings' U.S. fleet and network make the company an integral part of the nation's transportation value chain. As a result, Enterprise Holdings is in a particularly knowledgeable position to contribute to public-policy discussions about local transportation infrastructure.
In fact, Enterprise has been delivering transportation alternatives right where people live and work since 1957. Forty years later, Enterprise Rent-A-Car trademarked the term Virtual Car®, after recognizing the strength and energy of local service. Today, this intuitive neighborhood business model now features a wide variety of programs, including car rental, car leasing, vanpooling and car sharing.
Enterprise first launched hourly car rentals in Chicago in 2005, and then introduced a nationwide car-sharing program two years later. In 2013, Enterprise Holdings acquired the business of IGO CarSharing and today offers a suite of products and policies in Chicago – as well as other major metropolitan areas – that are specifically geared to the car-sharing customer experience.
In Chicagoland alone, there are more than 200 Enterprise Holdings locations, operating with more than 2000 full- and part-time employees. Two of those branch offices have served the Wicker Park/ Bucktown area since 2003: 1842 N. Milwaukee Ave. and 1646 N. Milwaukee Ave. They also have recruited and hired 20 full- and part-time employees.
Shared mobility services – including local car rental – can help support and even strengthen a city's business district, financial stability and overall quality of life in neighborhoods like Wicker Park and Bucktown. "Robust transportation networks not only are essential in today's society, but they can contribute to the growth and vitality of communities," said Susan Shaheen, co-director of the Transportation Sustainability Research Center at the University of California (UC), Berkeley. She is also an adjunct professor in the Civil and Environmental Engineering Department at UC Berkeley.
Enterprise Holdings' economic impact in the greater Chicago area included the following key contributions in its fiscal year 2016 (ended July 31):
- More than $86 million in state and local tax revenues;
- More than $28 million spent with local collision repair centers, dealerships and vehicle maintenance facilities;
- More than $6 million in purchases from diverse suppliers based in the Chicago area; and
- More than $300,000 in donations by the Enterprise Holdings Foundation to local charities.
About Enterprise Rent-A-Car
Founded in 1957, Enterprise Rent-A-Car is an internationally recognized brand known for an extensive network of convenient locations, affordable rates and outstanding customer service. It is owned by Enterprise Holdings, which operates the Enterprise brand – as well as the National Car Rental and Alamo Rent A Car brands – through its integrated global network of regional subsidiaries and independent franchises. Enterprise Holdings and its affiliate, Enterprise Fleet Management, together offer a total transportation solution, including extensive car rental and car-sharing services, truck rental, corporate fleet management and retail car sales. Enterprise Holdings currently is ranked as one of America's Largest Private Companies. If it were publicly traded, Enterprise Holdings would rank on Fortune's list of the 500 largest American public companies. Other transportation services marketed under the Enterprise brand name include Enterprise Fleet Management, Enterprise Car Sales, Enterprise Truck Rental, Enterprise CarShare, Enterprise Rideshare, Zimride by Enterprise, Exotic Car Collection by Enterprise and Enterprise Flex-E-Rent.
This press release and car rental industry news are available in the Enterprise Holdings Press Room.
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SOURCE Enterprise Rent-A-Car