Park One Announces Record New Contract Awards In 3rd Quarter
Miami, Florida--October 12, 2011-Park One, the largest parking management provider in South Florida announced this week the addition of 10 new contracts during its third quarter ending September 30, 2011. The awards follow a strong first two quarters of 2011 during which the company fully completed acquisition of CSS Services while also adding 15 new contracts.
"We are pleased to continue our leadership role in meeting South Florida's growing needs for luxury and creative parking solutions and hospitality services. Our unique capabilities, superior management team, specialized technology like VTS, and large South Florida-based work force of over 1,200 dedicated employees ensure the continued successful execution of strategic growth initiatives Bijan had set in place within the company's 2011 business plan." said Tom Anderson, Park One's VP of Business Development.
Park One was awarded Calder Casino & Race Course, its first casino and Race Course outside of Louisiana where it has managed and owned several parking facilities serving large casinos. Churchill Downs awarded the parking and shuttle transportation for its newly renovated 220 acres site to Park One which through its smart technology, VTS will enhance the customer service standards, and provide unique and vital statistical and revenue data for all aspects of the active operation.
In addition, amongst other awards, Park One commenced operation of Sole On The Ocean, an ultra-contemporary resort in Sunny Isles. Sole is a popular destination and hide out for many celebrities and provides a unique view of Atlantic Ocean from its 224 luxury rooms.
Park One also took over management and operation of Vizcayne (formerly known as Everglades On the Bay), Miami's most talked about development. Vizcayne is an 849-unit, two-tower, mixed-use development located in Downtown Miami. Furthermore, Park One added another performing arts center to its portfolio. In addition to Adrienne Arsht Center, where Park One has managed parking services since its opening, the company was awarded the contract for the long awaited new South Miami-Dade Cultural Arts Center.
Not to be outdone by commercial and hotel divisions, Park One's residential portfolio continued its consistent growth pattern in the third quarter with awards of five new properties including Infinity At Brickell, Arlen House and Artecity.
Pool One, a wholly owned subsidiary of Park One remained active by expanding its services to several residential properties in Aventura.
During the past quarter, the consulting team continued work on Swire's Brickell CitiCentre project as well as preliminary feasibility studies on two proposed new developments in Miami's CBD.
Bijan Eghtedari commented, "2011 continues to be a strong year. I am pleased and humbled that Park One continues to lead the market and exceed the needs of our customers. Our clients know they can count on us to tackle the most challenging projects with the best people and technology available and to work as their partners to ensure a high standard of service and consistent and successful execution on delivering unmatched service. The third quarter was an active period for Park One and we are excited to be a part of so many new projects where we can elevate the customer service levels while adding state of the art technology platforms such as VTS to assist clients manage their parking budgets efficiently with meaningful and insightful data. I am looking forward to an equally strong 4th quarter which promises to expand our hotel and residential portfolios even more."