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In 2011, The Parking Spot was sold to real estate investment group Green Courte Partners LLC for $360 million. [6] Its loyalty rewards program, The Spot Club, crossed the million-member mark in 2016. [7] In August 2019, the company announced a partnership with SpotHero, a digital parking marketplace, to allow for booking through their interface ...
One major new addition occurred in 2016 with the addition of a Main Event Entertainment center, which took over 48,000 square-feet of vacant space at the property. [13] However, business at the property continued to stagnate, leading to the announcement of an additional $32 million renovation project in 2019. [ 14 ]
Marina City is a mixed-use residential-commercial building complex in Chicago, Illinois, United States, North America, designed by architect Bertrand Goldberg.The multi-building complex on State Street on the north bank of the Chicago River on the Near North Side, directly across from the Loop, opened between 1963 and 1967. [1]
Standard Parking began in 1929 in Chicago, Illinois, where it was operated by David and Benjamin Warshauer as a family owned and controlled business.The business operated under the corporate name of Standard Parking Corporation from 1981 until 1995, at which time it was reconstituted as a limited partnership named Standard Parking, L.P. March 1998, Standard Parking merged with APCOA, Inc ...
In 2013, as part of its first growth beyond Chicago, ParkWhiz expanded its monthly parking feature to New York City, [2] [9] offering approximately 200 locations. [ 2 ] [ 9 ] The company organized parking for the Super Bowl in 2010 and parked an estimated 30% of Super Bowl traffic in 2012.
Brokers affiliated with Morgan Stanley then formed an LLC called "Chicago Parking Meters LLC" to facilitate a potential deal with the city over the sale of the meters. [4] By December 3, 2008, a deal was made to sell all 36,000 [5] [6] of the parking meter spots in the city for 75 years for $1.15 billion.
In March 2001, the company began development of the $58 million, 436,000 square foot Chicago International Produce Market. [4] In July 2001, the company invested $56 million in 9 suburban buildings and sold an apartment complex, 4 industrial buildings and a 42-acre land parcel in Aurora, Illinois for $48 million. [5]
In addition to its 594 apartments, Onterie Center also includes more than 140,000 square feet (13,000 m 2) of office space (13,000 square meter), nearly 16,000 square feet (1,500 square meter) of ground-floor retail space, an 11,750-square-foot (1,100 square meter) health club facility with indoor swimming pool, and a 363-space, above-grade ...