SP Plus Corp
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Building Complete Technology Solutions To Shape The Future Of Mobility For Property Developers.

Overview

SP+ provides technology-driven mobility solutions supporting parking management, ground transportation, remote baggage check-in, facility maintenance, event logistics, and security to aviation, commercial, hospitality, healthcare, and government clients across North America.

Our commitment to Innovation in Operation® has made us an industry leader in delivering advanced capabilities to support our clients’ expanding performance and financial needs. We provide exceptional market-based expertise, utilizing the latest in advanced technologies and marketing strategies.

The recent addition of our Sphere® Technology Platform provides clients with single source technology solutions that improve operations, reduce costs, and maximize revenue. In 2021 SP+ was recognized for its advanced capabilities when it received NPA’s Innovative Organization of the Year Award for its Sphere platform.

SP+ is a publicly traded company (NASDAQ – SP) and strictly adheres to SOC financial and reporting standards.

SP+ Consulting Services

SP+ provides consulting services for both facility operations and technology solutions.

With multiple teams of dedicated professionals, SP+ provides consulting services for both facility operations and technology solutions. SP+ Consulting Services provides efficient parking and transportation solutions guided by emerging industry trends and best practices.

The team accommodates various vertical markets including – mixed-use, retail, office, residential, healthcare, municipal, universities, events, and venues.

SP+ offers the following Parking, Traffic and Pedestrian Consulting Services:

Parking

Functional Design Review

Vehicular ingress/egress areas, configuration of entry/exit controls lanes/queuing areas, and design of vehicular traffic circulation

Parking Demand Study

Determination of peak demand, necessary spaces and peak hours.

Operational Plan

Equipment integration, mobility management, reporting, revenue, and fee rates

Financial Assessment and Review

Five-year forecasting model evaluating revenues, operating budgets, funding gaps, and capital and asset life cycle plan reviews

Traffic

Traffic Plan

Traffic plan development, parking allocation, proposed traffic control, and curb management

Signage Plan

Location materials, mounting methods, and color schemes for wayfinding

Rideshare Operational Plan

Optimal rideshare locations, design rideshare flow, geofencing needs and communication strategy

Queuing Model and Study

Assesses traffic flow and potential queuing generated by the installation of parking equipment

Mobility Management

Mobility needs for the site, create mobility plan, and determine mobility cost projection

Pedestrian

Pedestrian Plan

Pedestrian flow and crosswalk locations, pedestrian flow maps, and pedestrian/vehicular conflict

Signage Plan

Materials driving efficient and safe pedestrian flow

SP+ Technology Team

The SP+ provides support for the evaluation and implementation of technology solutions.

Leveraging its industry leading knowledge and expertise the team assesses individual client needs, designing and overseeing the implementation of support capabilities at location and remotely.

Learn more about the technology SP+ offers >>

Site Evaluation: On premise needs assessment and implementation requirements

Payments: Customer focused options on-demand, online reservations, and pay stations

Facility Access: License plate recognition, mobile gated and gateless, QR code and text to pay

Citations: State specific capabilities, DMV lookup, attendant and license plate recognition

Event Management: Congestion reducing prepaid reservations, at location cash and credit card

Valet Solutions: Ticketless web based, low-cost option with time clock support

PARCS RFP: Manage proposal process, project manage installation

Remote Management Integration: Intercom in lane support, manage parkers, push lost tickets

Sphere logo

Sphere Internal Capabilities

SP+ works with industry partners to provide a complete end-to-end solution to meet virtually every need.

Leveraging decades of SP+ intelligence, innovation and technology, Sphere™ delivers products that increase operational clarity and visibility. SP+ works with industry partners to provide a complete end-to-end solution to meet virtually every need. We have national pricing with multiple vendors and work towards procuring the best systems for the best price.

With its internal capabilities, SP+ is a single source provider for a client’s technology solutions. SP+ works with industry partners to provide a complete end-to-end solution to meet virtually every need. We have national pricing with multiple vendors and work towards procuring the best systems for the best price.

The following categories are currently supported in the Sphere Technology Platform >>

Sphere Commerce logo

Sphere Commerce™ – cloud-based system supporting B2C payment solutions.

sphere_iq_logo

Sphere Commerce™ – cloud-based system supporting B2C payment solutions.

sphere_remote_logo

Sphere Commerce™ – cloud-based system supporting B2C payment solutions.

Sphere Custom logo

Sphere Commerce™ – cloud-based system supporting B2C payment solutions.

Sphere Express logo

Sphere Commerce™ – cloud-based system supporting B2C payment solutions.

Case Study

Shopping Center Cashes In With Premium Spaces

SP+ Case Study

Shopping Center Cashes In With Premium Spaces

In July of 2021, SP+ was commissioned by Fairbourne Properties to optimize the revenue generated from their premium parking inventory. Using SP+’s Sphere Commerce On Demand payment and enforcement solution, Fairbourne quickly began averaging 500 transactions per day without a single citation being issued. Town Square is currently projected to generate over $500,000 in premium parking revenue, a 286% improvement over their highest-grossing year.

Minimal to Zero Upfront Costs

Paying Parkers

0 %
Paying parkers prior to citation enforcement

Revenues generated exceeds 1 year high revenue record by 286%

$550K +
$175K

Premium Spaces

Testimonials

SP+ works with each client to address their unique needs and goals.

US Bank Plaza, Minneapolis, MN

Pam Haque, General Manager

Hines
200 South Sixth Street
Minneapolis, Minnesota 55402
(612) 332-8250
pam.haque@hines.com

“I have worked with SP+ in many different capacities and properties over the past 19 years and I have enjoyed a very successful parking partnership. SP+ excels at understanding the dynamics of managing Class A properties where our tenants expect the best from the moment they pull into the parking garage. Over the years, SP+ continues to evolve and provide innovative solutions to a changing workplace and transportation industry. We work to stay ahead of the curve with new technology and opportunities and SP+ has been a successful strategic partner with those goals. The SP+ team is very responsive to our needs, ideas, and expectations and provides immediate support and solutions when unforeseen issues or conflicts arise.”

1625 Eye Street, Washington, DC

Katrina James, Senior Property Manager

AREP
1625 Eye Street, Northwest, Suite 101
Washington, D.C. 20006
(202) 785-4988
kjames@americanrepartners.com

“SP+ has been an outstanding partner and operator for more than 13 years. Their team has consistently outperformed expectations, and delivers great service to our tenants and results to the Owners. To SP+, it’s about more than providing parking as an amenity to tenants, they seek to personalize and connect with each customer. Also I will never forget how SP+ responded in 2012 when we lost 125 monthly parkers due to a large tenant move-out. They quickly mobilized their operations and marketing teams and tackled the problem with a plan, and their ability to successfully backfill all the spaces really impressed me about their commitment to doing whatever it takes to succeed.”

Magellan Property Management, Chicago, IL

Ben Treutler, Director of Operations

Magellan Property Management
225 N. Columbus Drive, Suite 100
Chicago, Illinois 60601
(312) 440-8500
btreutler@magellandevelopment.com

“SP+ has always worked hard to not just be a parking manager, but to become a valuable member of the team. I have worked with SP+ at multiple properties in several states, and I have always found their employees to be smart and conscientious forward-thinking problem solvers. When speaking with them, I have always felt like my time and input was valued, and that I wasn’t given an answer to just placate me.

At one location, the SP+ team came up with a solution for extra revenue by targeting a group of parkers who’s work schedules didn’t interfere with the schedules of the residents. Our parking revenue increased without disrupting our current residents.

At another location, we had initially used a different company to manage the garage, and they did so poorly. When they were replaced by SP+, the operations were smoother, the garage was cleaner, and the revenue was higher almost overnight. At another location, the repair costs to our outdated equipment were almost as much as the revenue that it collected. The SP+ team came up with a solution for new equipment that not only would be under warranty, but would also have features that were able to capture additional revenue. They oversaw the entire installation process and the new software is shortening the payback period significantly.

I’ve worked with other companies, but only SP+ has the ideas and solutions that make sense for me.”

Philadelphia Sports Complex, Philadelphia, PA

Eric Tobin, Director of Operations and Events

Philadelphia Phillies Baseball Club
1 Citizens Bank Way
Philadelphia, Pennsylvania 19148
etobin@phillies.com

“The Sports Complex in Philadelphia has certainly changed in the last 20 years and SP+ has played a role in helping to make that change a positive one. From improving technologies to staff training, SP+ has worked to improve the parking experience for all Philadelphia sports fans. As one of the busiest sports complexes in the United States, SP+ is in constant communication with the Phillies and the other teams in the complex to make sure all parties are aware of lot openings, road closures and changing traffic patterns and conditions. Their management team has been easy to work with and responsive to all of our ideas, concerns and suggestions. SP+ continues to work with the Phillies to help improve the parking experience in an effort to make our game experience an enjoyable one for Phillies fans.”