STOCK TITAN

SP Plus Corporation to Manage New On-Street Parking System for the City of Jackson, Mississippi

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
SP Plus , listed as SP on Nasdaq, has partnered with the City of Jackson, Mississippi to upgrade the on-street parking system. The partnership aims to modernize and streamline parking services with new kiosks, payment methods, and enforcement technology, enhancing convenience and accessibility for residents and visitors.
SP Plus, quotata come SP su Nasdaq, ha stretto una partnership con la città di Jackson, Mississippi, per migliorare il sistema di parcheggio su strada. L'obiettivo della collaborazione è modernizzare e rendere più efficienti i servizi di parcheggio con nuovi chioschi, metodi di pagamento e tecnologie di controllo, aumentando la comodità e l'accessibilità per residenti e visitatori.
SP Plus, listada como SP en Nasdaq, se ha asociado con la Ciudad de Jackson, Mississippi, para actualizar el sistema de aparcamiento en la calle. La asociación tiene como objetivo modernizar y agilizar los servicios de estacionamiento con nuevos quioscos, métodos de pago y tecnología de control, mejorando la comodidad y accesibilidad para residentes y visitantes.
나스닥에 SP로 상장된 SP Plus는 미시시피 주 잭슨 시와 협력하여 도로 주차 시스템을 업그레이드하였습니다. 이 파트너십은 새로운 키오스크, 결제 방법, 그리고 집행 기술을 통해 주차 서비스를 현대화하고 간소화하는 것을 목표로 하며, 주민 및 방문객들의 편의성과 접근성을 향상시키고자 합니다.
SP Plus, cotée sous le sigle SP au Nasdaq, a formé un partenariat avec la ville de Jackson, Mississippi, pour améliorer le système de stationnement dans les rues. Ce partenariat vise à moderniser et rationaliser les services de stationnement avec de nouveaux kiosques, méthodes de paiement et technologies de contrôle, améliorant ainsi la commodité et l'accessibilité pour les résidents et les visiteurs.
SP Plus, gelistet als SP auf Nasdaq, hat sich mit der Stadt Jackson, Mississippi, zusammengetan, um das Straßenparksystem zu verbessern. Die Partnerschaft zielt darauf ab, die Parkdienste mit neuen Kiosken, Zahlungsmethoden und Überwachungstechnologien zu modernisieren und zu vereinfachen, was die Bequemlichkeit und Zugänglichkeit für Einwohner und Besucher erhöhen soll.
Positive
  • None.
Negative
  • None.

CHICAGO, April 23, 2024 (GLOBE NEWSWIRE) -- 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 announces its strategic partnership with the City of Jackson, Mississippi, to modernize and enhance the efficiency of on-street parking with a completely new and innovative system.

Available this spring, on-street parking customers will be able to pay for parking using new kiosks located throughout the city, in addition to other payment methods, including text-to-pay with their phone, or via the parking.com app. SP+ Corporation will also assist the city with parking enforcement activities. These efforts will be streamlined by providing vehicles equipped with License Plate Recognition (LPR) technology to enforce expired meter parking and time-limited parking. SP+ will also provide Parking Ambassadors to assist in educating the public on how to use the new parking system, as well as to answer any questions.

SP+ and the City of Jackson collectively developed a customized program geared towards public safety and to support downtown commerce. The new system will allow for parking space turnover and availability, providing convenience and accessibility to everyone visiting the city.

“We are excited to announce the upgrade of our parking meter system in downtown Jackson,” said Chokwe Antar Lumumba, Mayor, City of Jackson. “This modernized system will result in greater parking space availability and convenience for residents and visitors to Jackson. We look forward to this rollout and informing residents of the details.”

"We're extremely thrilled to support the City of Jackson and bring this project to life,” said Jason Spoeth, Senior Vice President, Commercial Operations, SP+ Corporation. “We see this as part of a bigger picture - the continued revitalization of downtown (Jackson). We are providing the technology so residents and visitors will have flexible options in how they pay for parking."

The City of Jackson is the capital of Mississippi, and the most populous city in the state, with upwards of 430,000 residents.

About SP+

SP+ (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.

SP+ CONTACT:

William Rongey
Director of Corporate Communications
wrongey@spplus.com


FAQ

What is the partnership between SP Plus and the City of Jackson, Mississippi about?

SP Plus has partnered with the City of Jackson, Mississippi to modernize and enhance the efficiency of on-street parking with a completely new and innovative system.

How will on-street parking customers be able to pay for parking?

On-street parking customers will be able to pay for parking using new kiosks located throughout the city, in addition to other payment methods, including text-to-pay with their phone, or via the parking.com app.

What technology will SP+ use for parking enforcement activities?

SP+ will use vehicles equipped with License Plate Recognition (LPR) technology to enforce expired meter parking and time- parking.

What additional service will SP+ provide to assist the City of Jackson?

SP+ will provide Parking Ambassadors to assist in educating the public on how to use the new parking system, as well as to answer any questions.

Who is the Mayor of the City of Jackson mentioned in the press release?

Chokwe Antar Lumumba is the Mayor of the City of Jackson mentioned in the press release.

What is the population of the City of Jackson?

The City of Jackson is the capital of Mississippi and the most populous city in the state, with upwards of 430,000 residents.

SP Plus Corporation

NASDAQ:SP

SP Rankings

SP Latest News

SP Stock Data

1.02B
17.47M
3.02%
95.46%
6.58%
Parking Lots and Garages
Other Services (except Public Administration)
Link
United States of America
CHICAGO

About SP

as an industry leader, sp plus corporation (nasdaq:sp) provides professional parking, ground transportation, facility maintenance, security and event logistics services to property owners and managers in a wide array of markets. through our sp+ parking, standard parking and central parking brands, we currently operate thousands of parking facilities containing over two million parking spaces in hundreds of cities across the united states and canada.