August 22, 2017
City of Hoboken Partners with Target Park U.S.
Target Park Group, a leading parking operator of over 200 locations in Canada, has recently expanded its services into the U.S. market bringing parking knowledge, leadership and customer care. They found a home in Northern New Jersey where they have already reached an agreement with the City of Hoboken to manage and operate a 100-car parking lot downtown.
Target Park’s state of the art ALPR equipment is currently on display providing key technology that will only allow Employees and Permitted guests in the parking lot. Their live 24/7 Control Center is providing 100% customer satisfaction throughout all 365 days of the year.
Target Park’s primary goal is to expand their technology, operating and management services and equipment that is currently being provided to Hoboken throughout other cities and municipalities in the United States.
Company History
Target Park was created by Hercules Modopoulos in the early part of 2006 to service a neglected market within the parking industry. Target Park currently operates more than Two Hundred (200) parking facilities from Nova Scotia to Alberta. The company celebrates the exclusive agreement it has with Loblaw’s Supermarkets to operate all its commercial parking facilities. Target Park’s business plan is elaborate and is comprised of many achievable goals and the development of detailed strategies to assist in realizing such goals.
Target Park understands the need in the parking industry for the design and implementation of stringent internal controls and for their strict adherence. The problem with many parking companies including the large public trading companies is that they have not evolved with the times. Having said this, parking will always call for a hands-on, short sleeve protocol, but all the necessary controls must be in place to safeguard the assets. This is true in all situations, whether the facility in question is fully automated or one that is simply attended. The only thing that changes is the makeup of the internal controls designed for the efficient and effective operation of the parking facility.
Neglected Market – Primary Goal:
Our “primary goal” is to identify parking facilities that in our mind are either inappropriately/inefficiently operated, have yet to be identified for their commercial parking
potential or constructed new facilities. In today’s market, parking operators are either attempting to pry away parking facilities from one another by simply increasing the ante or expanding their operation by acquiring other companies. For the betterment of the industry and for the property owners, it is vital that we as prudent operators and become more creative in our approach that will add value to the properties that we manage. At Target Park, we will guarantee that we will assist in designing, constructing and equipping a first-class parking facility. Profits will be maximized, and at the same time provide a premium service for our patrons.
Equipment and technology:
Target Park has developed a suite of proprietary technologies to address the unique requirements of our landlords. Some of the more pertinent technologies are as follows:
- Pay on Foot with Automatic License Plate Recognition Parking Control System
- Pay in Lane with Automatic License Plate Recognition Parking Control System
- Pay by Plate with Automatic License Plate Recognition Parking Control System
- Front Desk Guest Parking Registration System
- Banquet and Events Self-Serve Plate Registration Kiosks
- Banquet and Events Back-End Event Administration System
- Valet Parking Management and Tracking System
- Pay by Phone Application to give customers a way to pay on the go
- Enforcement Applications to assist with revenue control and ticket writing
In addition to the above proprietary technologies, Target Park has built strategic partnerships with industry leading parking equipment manufacturers that allow us to remain competitive regardless of the methodology that we are proposing.
Our main objective is always providing a solution that is easy to use for the customer while providing a complete audit trail and other significant internal controls that ensures for revenue security and cash control. We must bear in mind that Customers may already be stressed from the day to day challenges of their lives, we don’t need to add further inconveniences. Whether the parking facility is catering to a hospital, school, hospitality complex, residential building or office, the parking experience must be pleasant. After all, the parking operation is the first and last point of contact a person has with a facility!
Landlords:
The parking facilities we manage range in size from twenty (20) to three thousand (3,000) parking stalls. Target Park currently deals with the following landlords in Canada; Loblaw’s Supermarkets, Seniority Investments (founders and developers of Yorkville), Westmont Hospitality, Homestead, Hollyburn, Capreit (largest residential Reit in Canada), BridalPath Investments, City of Toronto, 5600 Yonge Street Inc, Silver Hotel Group, Hilton, Westin, Hyatt, Sheraton, Radisson, Mastercraft Starwood, Menkes, Milkin, Metropia.
Check out this link: http://hobokennj.gov/2017/08/hoboken-opens-northwest-pop-up-park-and-municipal-parking-lot/
For more information about Target Park U.S., please contact:
Target Park: http://targetpark.com
Chet Wilkolaski
Cell: 973-407-0431
Email: Chet@targetpark.ca
