SP Plus Corporation Deploys its Sphere® Suite of Technology at Baltimore Peninsula
August 16 2023 - 8:30AM
SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and
operations management provider of mobility services for aviation,
commercial, hospitality, and institutional clients throughout North
America and Europe, today announced a five-year contract for its
suite of Sphere® technology at Baltimore Peninsula, in Baltimore,
Maryland.
Baltimore Peninsula is a 235-acre redevelopment project led by
MAG Partners, located on Baltimore City’s prime waterfront,
featuring investments from Sagamore Ventures and the Urban
Investment Group within Goldman Sachs Asset Management. It is a
vibrant mixed-income residential neighborhood and thriving business
district, supported by waterfront events and activities, new
restaurants and social
destinations.
SP+ was selected to design an ambitious and tech-forward parking
plan for this project, which currently includes a nearly
1,200-space garage equipped with SP+ proprietary Sphere Commerce™
On Demand Platform and license plate recognition (LPR) technology
for enforcement. Earlier this month, SP+ initiated paid parking and
enforcement for nearly 100 street spaces and is planning to add 750
parking spaces over three surface lots later this fall.
“The Sphere products and services provided by SP+ are truly
advanced technologies,” said Rob Boidock, Senior Vice President of
Operations at MAG Partners. “As Baltimore Peninsula sees more and
more traffic on a daily basis, we’re excited to offer our monthly
parkers and daily visitors an extremely efficient and seamless
parking experience.”
This year, Baltimore Peninsula opened over 1.1 million square
feet of new office, retail, and mixed-income residential.
Highlights include the recent unveiling of an over four-acre
outdoor sports venue in partnership with Volo Sports, the opening
of ROOST Apartment Hotel, the announcement of Clyde’s Restaurant
Group’s takeover of Rye Street Tavern and welcoming its first
residents in April to Rye House and 250 Mission.
“The Baltimore Peninsula campus is fully enabled by SP+’s Sphere
Suite of products,” said Scott Sacks, Vice President, Commercial
Technology Strategy, SP+ Corporation. “This creates a unique and
innovative environment that aims to provide superior value and
services to clients and visitors for the long-term. This
partnership is expected to solidify SP+ as a market leader in
technology and management services; positioning the project as a
flagship site for our Sphere technology.”
About SP+
SP+ (www.spplus.com) develops and integrates industry-leading
technology with best-in-class operations management and support to
deliver mobility solutions that enable the efficient and
time-sensitive movement of people, vehicles, and personal travel
belongings. With over 20,000 team members located throughout North
America and Europe, SP+ is committed to providing solutions that
make every moment matter for a world on the go.
About Baltimore Peninsula
Baltimore Peninsula is a 235-acre redevelopment project located
on Baltimore City’s prime waterfront, featuring investments from
Sagamore Ventures and the Urban Investment Group within Goldman
Sachs Asset Management. As one of the largest urban revitalization
efforts in the United States, Baltimore Peninsula will have a
fundamental and far-reaching impact on Baltimore’s future. At
completion, this transformative project will include: up to 14
million square feet of new, mixed-use development; 2.5 miles of
restored waterfront; and 40 acres of parks and green space. The
Baltimore Peninsula redevelopment is expected to generate fresh
opportunities for innovation and entrepreneurship for Baltimore
City residents and its local workforce.
CONTACT:
William RongeySP+Director of Corporate
Communications312-274-2102
Baltimore Peninsulabaltimorepeninsula@berlinrosen.com
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