LAZ Wins Contract to Operate City Trolley Service in Laguna Beach, CA
Reputation and strength in CA market cited in decision. Agreement is fifth Orange Co. trolley contract for LAZ
Hartford, CT, August 5, 2021 – LAZ Parking announced today that it has been selected to operate the municipal trolley service of the City of Laguna Beach, CA. Under the agreement unanimously approved by the Laguna Beach City Council earlier this year, LAZ will operate 25 City-owned trolleys on a year-round basis, work that will require up to 100 drivers during the peak summer season. The contract runs for five years and comes with two three-year renewal options.
LAZ was deemed the most qualified of the three firms competing for the contract. LAZ already has a significant presence in Orange County, operating similar trolley services in Dana Point, Mission Viejo, Newport Beach, San Clemente, and San Juan Capistrano, CA.
“LAZ’s reputation and impact in the California market were key factors in the decision by the City to award us the contract,” said Alan Lazowski, founder and CEO of LAZ Parking. “This contract is an acknowledgment of our operations and management excellence in transportation services. We are humbled by the trust the City has placed in us.”
The initial five-year contract calls for LAZ to provide drivers and dispatchers to staff the city trolley service. In partnership with the City, LAZ agreed to retain staff used by the City for trolley services and pay wages comparable to what City employees are currently earning. The City suspended trolley service at the outset of the pandemic but resumed service on June 25.
“The Transportation Division at LAZ has grown at a rapid pace in 2021, adding over 100 new shuttles and busses to its fleet of 540 vehicles since the beginning of the year, including the 25 trolleys we are operating for the City of Laguna Beach,” said Ralph Caldin, Vice President for Transportation Services at LAZ. “The Laguna Beach operation will also include a Micro Transit Program where residents will be able to request On Demand service for certain neighborhoods within the City.”
SP Plus Corporation Adds Touchless Mobility, Parking & Commerce Services at Charles M. Schulz – Sonoma County Airport
CHICAGO — SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, announced the addition of touchless reservation and commerce options to its services at Charles M. Schulz – Sonoma County Airport (STS) in Santa Rosa, California.
SP+ manages the three parking facilities located near the airport terminal and is rolling out key components to the overall improvement and modernization plan by STS to provide an enhanced, safer and touchless parking experience. Through Sphere™, SP+’s industry-leading suite of technology solutions, a new pay-by-phone option conveniently removes the need to obtain and redeem a parking ticket at long term lots A and B.
Each entry and exit lane has signage to instruct parkers on how to use the pay-by-phone option, along with a Sphere Remote Management System intercom to provide in-lane, 24/7 support from a centrally-located command center.
“It’s exciting to see the new parking commerce system and the other plans we have with SP+ to come to fruition as part of our overall commitment to safely and efficiently transport our travellers from the beginning to the end of their trip,” commented Jon Stout, Airport Manager for STS.
The pay-by-phone option complements the airport’s new touchless reservation system, which allows customers to pre-book and pay for their parking stay on sonomacountyairport.org/parking with the ability to reserve a space close to the terminal. To encourage visitors to explore everything the Charles M. Schulz – Sonoma County Airport has to offer, parking customers who pre-book a spot via the new reservation system may receive valuable discounts to onsite restaurants or other promotions.
SP+ is also helping the airport build a commerce site for purchasing popular branded merchandise, which has traditionally only been available for in-store purchases. An online commerce site is expected to launch later this year.
“SP+ is able to offer STS a full suite of technologies to help them fulfil their modernization plan and meet the new demands of today’s travellers,” said Jason Finch, Senior Vice President, West Airports for SP+.
SP+ facilitates the efficient movement of people, vehicles and personal belongings with the goal of enhancing the consumer experience while improving bottom line results for their clients. SP+ provides professional parking management, ground transportation, remote baggage check-in and handling, facility maintenance, security, event logistics, and other technology-driven mobility solutions to aviation, commercial, hospitality, healthcare and government clients across North America. For more information, visit www.spplus.com.
SP+ Valet Adds “Check ‘N Fly™” Baggage Check-In at William P. Hobby Airport
CHICAGO — SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, today announced the addition of Check ‘N Fly™ baggage check-in services exclusively for valet parking customers who are traveling on domestic flights with American Airlines or Delta Air Lines at William P. Hobby Airport (HOU) in Houston, Texas.
Valet parking customers at Hobby Airport now enjoy the option to check their luggage, check in for their flight and obtain their boarding pass—with one-stop at the valet stand. This valuable service by SP+ valet attendants allows customers to save time, bypass the airline ticket counters, maintain social distancing and proceed directly to TSA screening without having to stand in line to check their luggage. The service is complimentary to valet parking customers. Associated airline luggage fees will be collected from the customer with a major credit card at the valet stand.
“We’re excited to add the Check‘N Fly baggage check-in service at Hobby Airport’s valet parking location,” Houston Airports Parking Director Walt Gray said. “It will give travelers an extra level of convenience with more time to enjoy their experience from the start of their trip.”
Hobby Airport is starting the new service with two airlines, American and Delta. Check ‘N Fly is operated by SP+, which offers its airline and baggage check-in capabilities at some of the other airport operations across the country where SP+ provides valet parking. Check ‘N Fly is managed through Sphere Express™, which is the aviation/hospitality-specific travel solution launched under its new suite of technologies named Sphere™, Technology by SP+. Today, SP+ manages the parking operations and transportation services for the Houston Airport Systems, which includes Hobby Airport and George Bush International Airport (IAH).
“Adding Check ‘N Fly at Hobby Airport allows our team to greet passengers with a timesaving service that expedites the entire check-in process and makes travel easier—which ultimately gives them a higher level of satisfaction with their overall experience at the airport,” added Darren Barton, Senior Vice President, Bags Airport Division at SP+.
SP+ facilitates the efficient movement of people, vehicles and personal belongings with the goal of enhancing the consumer experience while improving bottom line results for our clients. The Company provides professional parking management, ground transportation, remote baggage check-in and handling, facility maintenance, security, event logistics, and other technology-driven mobility solutions to aviation, commercial, hospitality, healthcare and government clients across North America. For more information, visit www.spplus.com.
Houston Airports is the City of Houston’s Department of Aviation. Comprised of George Bush Intercontinental Airport (IAH), William P. Hobby Airport (HOU) and Ellington Airport (EFD) / Houston Spaceport, Houston Airports served nearly 60 million passengers in 2019. Houston Airports forms one of North America’s largest public airport systems and positions Houston as the international passenger and cargo gateway to the South Central United States and as a primary gateway to Latin America. Houston is proud to be the only city in the Western Hemisphere with two Skytrax rated 4-star airports. fly2houston.com
Parking Management and Real Estate Investment Firm, Centerpark, Acquires Three NYC Parking Facilities for $40M
The acquisition supports Centerpark’s trajectory towards becoming one of the largest parking facility owner/operators in New York City.
New York, NY – Centerpark, a New York City-based parking management and real estate investment firm, this week announced its closing of a $40 million acquisition of three parking properties in Manhattan. The acquired properties are strategically located at 159 West 53rd Street, 212 East 47th Street, and 455 Central Park West.
Centerpark has taken a relatively contrarian position within the parking industry by making big bets on urban parking-related real estate. Focused on repositioning parking properties in gateway cities, the company’s purchase encompasses a total of 82,000 square feet and 475 parking spaces in Manhattan’s coveted Midtown and Upper West Side neighborhoods.
Led by industry veteran Gregg Reuben, Centerpark’s expanding portfolio is positioning the company to become one of the city’s largest owner/operators of parking and logistics-oriented properties. To date, the company and its partners have invested $100 million to accumulate a diverse portfolio of New York City parking properties. “The long-term market fundamentals remain strong and coupled with our use of proprietary technologies and value enhancement strategies, these investments will prove to be valuable and well-priced acquisitions”, said Centerpark CEO, Gregg Reuben.
Both the Seller and Centerpark were represented by Brian Ezratty, Vice Chairman of Newmark, Grub, Knight & Frank. In keeping with Centerpark’s low leverage strategy, the transaction included $18,250,000 in mortgage financing from Citigroup, which was arranged by Ryan Horowitz, Managing Director of Cooper Horowitz.
Care Park is Bringing Smart Parking to the Iconic Queen Victoria Market
Smart Parking have partnered with Care Park and Queen Victoria Market to install a world-class parking management system that delivers on the requirements as set out in the design developed by Australian Parking Consultants (APC).
Queen Victoria Market is an extensive site, sprawling over 7 hectares of the CBD, and the current 720-bay at-grade car park will be transformed in stages into a new 1.75-hectare public open space as part of the City of Melbourne’s renewal of the market precinct.
Car parking will be relocated nearby from around mid-2021, with 500 customer car parking spaces to be shifted to a below-ground car park just 20 meters from the market on Therry Street, currently under construction at the Munro development.
Smart Parking has been engaged to install overhead indicator vehicle detection sensors. Green parking guidance sign shows 45 spaces are available ahead and 39 are available to the right. These clever pieces of technology recognize when a car is parked in a bay, as well as displaying individual bay occupancy through LED lights – green means a bay is vacant, red means a bay is occupied. This system enhances the parking experience for motorists by allowing them to tell at a glance if there are any available spots down an aisle.
As well as displaying the individual bay status via the overhead indicator system, Smart Parking will be installing 17 dynamic signs that will display information on a level-by-level basis. If, for example, level 1 is at capacity, the sign will display ‘Level 1: FULL’ and will also show real-time occupancy of the other 3 levels.
The site will be integrated with a newly developed smartphone app for the Queen Victoria Market car park powered by UbiPark, which allows motorists to find a car park, compare parking rates, pre-book a parking space online, and contactless payment for parking straight from their car. Smart Parking is also working with appointed car park operators Care Park to implement a ‘SmartCloud’ digital management system. The SmartCloud system will provide real-time updates and can, generate reports on car park behavior and trends, to provide insights into customer trends and provide valuable feedback.
“The renewal of the Queen Victoria Market precinct is an exciting project to be a part of and we’re looking forward to teaming up with both Care Park and UbiPark to continue to serve the parking needs for Market customers. As I live and work in Melbourne, I’m invested in this project and in fact any smart city project that continues making Melbourne a great place to live, work and visit.” – Ben Williams, General Manager Sales.
About Smart Parking Limited
Smart Parking Limited is a pioneering technology innovator and services company in the parking industry. With offices in Australia, New Zealand, and the UK, along with a rapidly growing global network of expert partners, we aim to bring our intelligent parking sensors and integrated smart parking services to the world. Each year, we install tens of thousands of sensors in a range of environments including shopping centers, supermarkets, airports, commercial parking sites, universities, and large scale municipal street environments. To date, our advanced real-time vehicle parking sensor solution, known as SmartPark, has been adopted in 17 countries. Alongside the technology products division, our managed services division operates and manages thousands of car park spaces across the UK using complementary Automatic Number Plate Recognition/License Plate Recognition (ANPR/LPR) technology. This can be used as a single solution or with the option to be combined with Pay & Display or integrated with sensing technology. Smart Parking Limited has been an Australian Securities Exchange (ASX:SPZ) publicly listed company since early 2011.
#WESTFIELDCARES LAUNCHES TO SUPPORT ORGANIZATIONS ADDRESSING VULNERABLE POPULATIONS IN THE LOS ANGELES COMMUNITY DURING COVID-19 PANDEMIC
Los Angeles, CA, April 14, 2020 — Westfield shopping centers in Los Angeles have launched #WestfieldCares, a program to highlight organizations and the charitable work they are doing to confront the effect the COVID-19 pandemic is having on vulnerable populations in our community. The program, part of the company’s response to the COVID-19 crisis along with monetary and in-kind donations, is intended to help drive awareness and additional donations for non-profits that serve groups such as those experiencing homelessness, economically disadvantaged families, seniors and children.“Westfield is a proud member of the Los Angeles community, with the city being home to our corporate headquarters along with a number of our flagship shopping centers. As a company and individually we are devastated by the effects of the COVID-19 pandemic has had on our community,” said Marcus Reese, executive vice president of Public Affairs for Westfield’s owner Unibail-Rodamco-Westfield. “Through #WestfieldCares, we intend to celebrate the work of our non-profit partners and encourage others to do what they can to serve those most in need during this difficult time. We will meet the challenges ahead and emerge from this crisis stronger than ever.”
Using #WestfieldCares, the company’s centers and its employees are posting on social media some of the ways they are working within their communities to celebrate and encourage giving back, with the hope of inspiring others to do the same. Locally, Westfield initiatives include support of the following organizations:
Partnered on a matching campaign with the American Red Cross in support of its LAUSD School Lunch Program;
Provided monetary donations to support ongoing community outreach and COVID-19 programs by Mid Valley YMCA,Brotherhood Crusade, Miguel Contreras, LA Gay and Lesbian Center, PATH Homeless Initiative,LA Family Housing, and Culver City Education Foundation;
Provided in-kind donations including urgently needed food and supplies for Allies for Every Child’sEarly Development Center, Ward AME Economic Development Corporation, Home Instead Senior Care,Boys and Girls Club of SFV, and San Fernando Valley Rescue Mission;
Westfield Century City provided space at the center for UCLA Health to conduct blood drives and have partnered with One Medical to administer COVID19 testing;
Westfield Fashion Square is using its community room for blood drives in partnership with the American Red Cross; and
Westfield Fashion Square partnered with MEND Urgent Care, Councilman David Ryu, Quest Diagnostics, and The Sherman Oaks Chamber of Commerce for weekly drive-through COVID-19 testing.
Westfield shopping centers in Los Angeles have also engaged to thank first responders and medical professionals at Children’s Hospital of Los Angeles; Kaiser Permanente LA; Methodist Hospital of Southern California; Henry Mayo Newhall Hospital; the Los Angeles Police Department, West Los Angeles Division; the Culver City Fire Department; and The Arcadia Police Department who are all putting themselves in harm’s way each day on behalf of the communities they operate in.
With its portfolio of six shopping centers located in the greater L.A. region, Westfield makes a hugely positive economic impact upon our local community. The company is a proud supporter of a number of local philanthropic and community-based organizations, including: Project Destined, the Los Angeles Homeland Security Advisory Council (HSAC), the Los Angeles County Museum of Art (LACMA), Allies’ for Every Child, Habitat for Humanity, the Culver City Police Department and Unified School District, the Boys & Girls Club of the Santa Clarita Valley, the Boys & Girls Club of the West Valley, and the California Institute of Arts (CAL ARTS).
Propark Mobility Provides Non-Clinical Services During COVID-19 Health Crisis
Hartford, Connecticut – Propark Mobility announced today that the company is providing non-clinical services to healthcare organizations across the country, through its CleanCo division, in response to the COVID-19 global health crisis.
“CleanCo has been providing cleaning and maintenance services to the parking industry for decades,” explained John Schmid, Propark’s Chief Executive Officer. “During these challenging times, we felt that it was important for us to step up as a company to help in the fight against coronavirus, specifically when it comes to hospitals and healthcare facilities.”
By providing important non-clinical services such as supplemental cleaning and sanitization, environmental services, internal patient transport, concierge services, and more, Propark and CleanCo are able to alleviate that responsibility from healthcare workers, allowing them to provide better care for their patients. Additionally, the company offers traffic and transportation control, to include congestion alleviation for COVID-19 testing facilities.
“We understand that each patient, visitor and healthcare worker is going through a personal journey in one way or another,” said John Reimers, Chief Operating Officer of Propark Mobility. “By leveraging our staff to support these non-clinical areas of importance, we’re helping to make our healthcare professionals more effective, in a time where there is so little bandwidth during this crisis. We feel that we bring a critical element that is needed right now at hospitals across the country.”
With services deployed within 48 hours, and no long-term commitment required, hospitals and healthcare facilities can get immediate support for their non-clinical needs by logging on to www.propark.com/cleanco.
About Propark Mobility
Propark Mobility is one of the country’s largest privately-owned parking companies, providing full-service parking and mobility services for over 500 hospitality, healthcare, commercial and off-airport locations, in over 75 cities across the United States. For more information, please visit www.propark.com.
LAZ Parking Implements Measures In Reaction To Impact Of COVID-19
Establishes Employee Relief Fund to Support Temporarily Furloughed Employees
HARTFORD, Conn., March 20, 2020 —Alan Lazowski, Chief Executive Officer of LAZ Parking, underscored his company’s commitment Thursday to protecting customers, clients and employees impacted by the evolving threat of COVID-19, or Coronavirus.
In a separate letter, Lazowski assured employees that the LAZ senior leadership response team is monitoring the unfolding situation, tracking developments, and taking all recommended measures to keep everyone safe.
“The health and safety of our customers, clients, and employees across our 3,100 locations and 423 cities is, and always will be, our highest priority,” Lazowski said. “As this situation continues to unfold, we will closely monitor and take guidance from the U.S. Centers for Disease Control and Prevention, as well as state and local health officials around the country.”
LAZ is also responding to the significant downturn across all aspects of the economy impacting the industries that LAZ serves, including stadiums, entertainment venues, restaurants, office buildings, hotels, airports, and universities. During these unprecedented times LAZ and its dedicated team of leaders throughout the nation are working tirelessly 24/7 to protect as many jobs as they can and the long-term future of the company.
LAZ has also notified its employees that a percentage of its workforce will be temporarily reduced at this time with the intention of being rehired once the crisis subsides and business rebounds.
“It is going to take difficult sacrifices and federal government intervention to bridge the financial gap created by this pandemic and help our nation’s workforce receive higher unemployment benefits during this crisis,” added Lazowski. “We have been and will continue to be in contact with the highest levels in government in order to advocate for our people, our company and members of the entire parking industry. We are asking that the federal government provide relief to the parking industry and our temporarily reduced workforce and pay as close to 100% of employees’ wages during the layoff period. We are optimistic that the federal government will do the right thing.”
LAZ’ founding partners will not take any pay for at least the next 90 days and have established a $1,000,000 Employee Relief Fund, where furloughed team members can apply for financial grants. There will be no expectation of grant repayment and the money. Since 1981, LAZ has navigated many business challenges in times of extreme volatility. The company wants to assure the public that the Spirit of LAZ, rooted in its “Never Ever Give Up” attitude, has never been stronger!
About LAZ Parking
LAZ Parking founded in Hartford, CT in 1981, is one of the largest and fastest-growing parking companies in the United States, operating over 1.2 million parking spaces across the country in over 3,155 locations in 35 states and 423 cities. With over 38 years of experience providing parking management, transportation and mobility services, LAZ works seamlessly across a variety of market segments, including hospitality and valet, office buildings, medical, airport and transportation, campus, government and municipal, retail, events, residential building and shuttle services. Additional information can be found at www.lazparking.com.
FLEXEPARK: PRIVATE PARKING LOTS IN BLOOMINGTON NOW AVAILABLE FOR PUBLIC USE
BLOOMINGTON, Ind., May 9, 2019 – FlexePark, a web-based parking service that creates public spaces from private lots, has a convenient parking lot now available – marked with newly installed signage – on Kirkwood Avenue in Bloomington. While FlexePark first launched in Indianapolis in 2017, this new FlexePark-partnered lot is among the first of its kind in the area.
FlexePark was developed as a solution to the lack of public parking options in metro areas. Through FlexePark, local businesses generate extra income by making their unused parking available to the community, usually after business hours. Drivers simply scan the QR code on a FlexePark space sign to securely pay the flat parking fee. The patent-pending technology has been recognized as a finalist for the 2019 Parking Today Awards and 2019 TechPoint Mira Awards.
The Kirkwood lot, located at 121 E. Kirkwood Ave., opened in December 2018. Twenty parking spaces are available from 5 a.m. to 4 a.m. for $6. Other FlexePark lots include 800 S. College Ave., with 15 spaces available from 7 a.m. to 4:30 a.m. for $2.50, and 28 spaces are available at First United Methodist Church, 299 East 3rd St., for $6 from 5 a.m. to 4 a.m. Monday through Saturday.
“We are very excited to support this new Kirkwood parking in Bloomington,” says FlexePark
co-founder Michael Dowden. “This property is a great example of our goal of helping businesses maximize the use of their underutilized parking areas. By making these ad-hoc parking spaces available, local businesses benefit from the expanded parking options.”
Business owners interested in becoming a FlexePark partner can learn more at flexepark.com/start.
FlexePark is user-friendly solution to the dilemma of struggling to find parking options while many potential spaces are kept unavailable. Unlike other shared parking options, FlexePark focuses on usability and accessibility without requiring users to download an app or reserve parking spots in advance. Learn more at flexepark.com/start.
The Parking REIT Sells Two Adjacent Surface Lots in Kansas City, Missouri for $4 Million
Lots were originally purchased by MVP REIT, Inc. and The Parking REIT for a combined total of approximately $2.1 million
KANSAS CITY, Mo. (Aug. 20, 2018) –The Parking REIT, Inc. announced today its disposition of two surface parking lots in Kansas City, Missouri for a combined total of $4 million. The properties were originally purchased in August 2013 and October 2015 by MVP REIT, Inc. and MVP REIT II, Inc., respectively, for a combined total of $2.1 million. They were later acquired by The Parking REIT, Inc. for approximately $2.8 million based upon the allocation of the merger consideration for the merger of MVP REIT, Inc. and MVP REIT II, Inc. in December 2017.
“These properties were sold for approximately 94 percent higher value than their original purchase price, which provides value to the REIT and its investors,” said Mike Shustek, chief executive officer of The Parking REIT. “In addition to their location next to city hall in downtown Kansas City, the two lots benefited from their adjacency to one another, which we believe made them an attractive combined sale.”
Mr. Shustek added, “The sale further exemplifies The Parking REIT’s strategy to acquire income-producing parking facilities in well-located areas that are expected to increase in value over time through proper management and market demographics, and to ultimately sell each property at a time when it most benefits investors.”
The surface parking lots were sold to Block 66, LLC.
The sale included:
1130 Holmes St., a 1.18-acre surface lot striped with 164 spaces, and
1101 Cherry St., a 0.6-acre surface parking lot striped with 84 spaces.
In the last year, The Parking REIT has sold five properties consisting of 747 parking spaces situated on 4.63 acres of land, including one property sold prior to the merger of MVP REIT and MVP REIT II. The five properties sold for a total of $14.5 million, an approximately 65 percent increase in aggregate value from their original purchase price.
The Parking REIT’s portfolio currently consists of 42 parking facilities located in 17 states with a total of approximately 11,280 parking spaces.
About The Parking REIT, Inc.
The Parking REIT, Inc. (formerly known as MVP REIT II, Inc.) is a publicly registered, non-listed REIT that invests primarily in parking lots and garages in the United States. Its assets include 42 parking facilities located in 17 states. The Parking REIT is managed by MVP Realty Advisors, LLC. For more information, please visit TheParkingREIT.com.
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should,” “will,” and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to: volatility in the debt or equity markets affecting our ability to acquire or sell real estate assets; national and local economic, business and real estate market conditions; the ability to maintain sufficient liquidity and our access to capital markets; our ability to identify, successfully compete for and complete acquisitions and loans; the performance of real estate assets and loans after they are acquired; and our ability to provide stockholder value through sales or otherwise dispositions of our properties and other assets. Although The Parking REIT believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, they can give no assurance that the expectations will be attained or that any deviation will not be material. The Parking REIT does not undertake any obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in expectations. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
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