Spacer Technologies Expands to Address $96 Billion U.S. Parking Issue

Photo Credit: Spacer Technologies

SAN FRANCISCO, June 18, 2024 (VSNewsNetwork.com) - Spacer Technologies, a company known for its parking marketplaces Spacer and Where I Park, announced its expansion to tackle America's $96 billion parking crisis. The company is introducing a new parking management system aimed at increasing parking capacity and reducing emissions without the need for additional physical space.

Spacer Technologies has traditionally focused on peer-to-peer parking solutions for consumers. Now, the company is extending its services to businesses, public organizations, universities, and commercial properties. This new system allows companies to maximize their parking spaces by enabling employees with different shifts to share spots and leasing unused spaces during off-peak times.

"Our mission is to reduce America’s parking problem and promote sustainable transportation practices through our marketplaces," said Mike Rosenbaum, Founder and CEO of Spacer Technologies. "The new parking management system will bring us closer to this goal by helping American businesses monetize space and minimize waste more effectively."

Spacer Technologies has already secured partnerships with various businesses, including hotel chains, real estate firms, construction companies, and hospitals. The company’s new system aims to simplify the process of finding guaranteed parking spots, which can help reduce fuel consumption and improve efficiency.

For more information, visit www.spacertechnologies.co.

Source: Spacer Technologies via Newswire