What Target Park Us Inc does

Target Park U.S., Inc. is the US operating subsidiary of Target Park Group Inc., a Canadian parking operator founded in 1983 that expanded into the US market in July 2017. The company provides parking management, operations, and ancillary services across commercial, residential, municipal, airport, hospitality, and event-venue facilities in the Northeast, Mid-Atlantic, and Southeast US. Its facilities span more than 300 US locations (with the parent group operating 700+ across North America) concentrated in New York, New Jersey, Pennsylvania, Massachusetts, Rhode Island, Atlantic City, and Connecticut, anchored by long-term lease and management agreements with landlords, REITs, and municipal counterparties.

The technology stack is built around proprietary Automatic License Plate Recognition (ALPR) equipment for access control and enforcement, a Pay-by-Cell mobile application (TP Mobile, powered by Meter Feeder), a proprietary Valet App, a Front Desk Guest Parking System, and a centralized 24/7 Control Center providing live surveillance and customer service. In June 2026, the parent group entered a partnership with Avante Corp to deploy AI-powered Mobile Automated Surveillance Tower (MAST) units across all above-ground facilities, with a stated roadmap toward automated parking services.

The revenue model is multi-stream. Core streams include (1) daily and short-term transaction-fee parking, (2) recurring monthly subscriptions in dense urban markets, (3) airport valet parking at T.F. Green International Airport (PVD), (4) event parking at major venues (The Met Philadelphia, Prudential Center, Forest Hills Stadium, TD Garden), and (5) vehicle detailing add-ons at select facilities. A secondary managed-services revenue stream is generated through revenue-share, fixed-fee, or lease-based arrangements with property owners and municipalities under contracts ranging from 5 to 10 years in duration.

Name

Target Park Us Inc

Legal name

Target Park U.S., Inc.

Website

https://targetparkusa.com

Company type

Private

Founded year

1983

Operating status

Operating

Short description

Target Park U.S. operates 300+ parking facilities across the Northeast and Mid-Atlantic, providing managed parking, valet, airport, and event parking services to landlords, municipalities, venues, and consumers under long-term lease and management agreements.

Ownership category

akta.pro rank

Product category

Parking Management Services

NAICS

Parking Lots and Garages (81293), Parking Lots and Garages (812930)

SIC

Services-Automotive Repair, Services & Parking (7500), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA)

akta.pro secondary industries

Off-Street Parking Facilities Operations (Garages, Lots, Park-and-Ride) (TLAJAIAB), Parking Facilities Property Management (BPAJAGAN), Parking Management & Enforcement (Citations, Permits, Compliance) (BPABAKAB)

Keywords

• Parking management services
• Airport valet parking
• Event parking operations
• Monthly parking passes
• License plate recognition

Headquarters

HQ city

Hoboken

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Daily and Short-Term Parking Fees: Customers pay per-use parking fees for daily, hourly, or event-based parking at Target Park facilities. Revenue is generated per transaction at the point of use. This is the core revenue driver, with facilities across multiple states serving individual consumers, event-goers, and airport travelers.
2. Monthly Parking Subscriptions: Customers purchase monthly parking passes for recurring access to designated parking facilities. The company offers both standard 24/7 monthly passes and commuter monthly rates (limited hours, weekdays). Payment can be made via online checkout with optional recurring billing, or by check. Late fees apply for payments received after the 5th of each month.
3. Airport Valet Parking: Valet parking services at airport-adjacent facilities, including transportation of customers in their own vehicles to the airport terminal. Revenue is generated per booking with pricing based on duration and vehicle type. Additional fees apply for oversized vehicles.
4. Vehicle Detailing and Car Care Services: On-site vehicle detailing packages (Express, Pet, Premium, Deluxe) offered at parking facility locations. Packages range from basic interior vacuum and hand wash ($89.99) to comprehensive Deluxe detailing ($308.95). Revenue is generated per service appointment at valet and parking facilities in Warwick, RI, Boston, MA, and New York, NY.
5. Parking Management and Operations Services for Landlords: Target Park enters long-term lease and management agreements with property owners, municipalities, and venue operators to operate their parking facilities. Revenue is generated through a share of parking receipts, fixed management fees, or negotiated arrangements under lease agreements.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Target Park Us Inc operates and manages parking facilities across the Eastern United States, providing daily parking, monthly parking subscriptions, event parking, airport valet parking, and on-site vehicle detailing. The company enters long-term lease and management agreements with commercial landlords, residential property owners, municipalities, and entertainment venues to run their parking operations, and serves individual consumers through direct online booking and on-site payment at 27+ facilities.

Product overview

Target Park is a parking operator and management company providing a comprehensive suite of parking services. The core offering consists of Parking Management and Operations, Valet Parking Services, Event Parking (at venues including The Met Philadelphia, Prudential Center, and Forest Hills Stadium), Airport Parking (T.F. Green International Airport PVD), and Monthly Parking Passes. The company deploys proprietary technology including ALPR (Automatic License Plate Recognition) equipment, Front Desk Guest Parking System, Pay by Cell App (TP Mobile), and Valet Apps. Vehicle Detailing Services are offered as an add-on at select locations. The technology infrastructure includes a 24/7 Control Center for monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• Parking Management and Operations Comprehensive parking operator and management services providing daily, monthly, and event parking across commercial, residential, municipal, airport, and hospitality segments. Target Park enters 5-10 year lease or management contracts with landlords to operate their parking facilities, handling operations, technology deployment, ALPR-based access control, 24/7 monitoring, and revenue optimization.
• Monthly Parking Pass Subscription-based parking access at garages and lots across the East Coast, with options for 24/7 access or limited-hour commuter rates at select locations. Rates start at $595.95/month for sedans and $695.95/month for SUVs at Upper East Side Manhattan locations. Supports recurring billing and online checkout.
• Event Parking Event parking services at major venues including The Met Philadelphia ($50-$55), Prudential Center in Newark ($20-$55), and Forest Hills Stadium in Queens ($38-$45), with advance booking and pre-event reservations available through the website.
• T.F. Green Airport (PVD) Valet Parking 24/7 valet airport parking at T.F. Green International Airport (PVD) in Warwick, RI, with 100 standard and 50 oversized spaces. Pricing is $9.99/day for standard vehicles and $13.99/day for oversized vehicles. Includes transportation in the customer's own vehicle to the airport terminal, eliminating shuttle waits.
• Vehicle Detailing Services On-site vehicle detailing packages (Express at $89.99, Pet, Premium, and Deluxe at $308.95) available at parking facility locations in Warwick, RI, Boston, MA, and New York, NY. Services include interior vacuuming, exterior hand wash, carpet shampoo, wax and machine buff, trim restoration, and tar removal.
• Valet Parking Services Professional valet parking services for hospitality venues, events, and daily operations, including 24/7 valet options at select locations. Includes vehicle check-in, retrieval management, and luggage assistance at Boston Battery Wharf and other premium locations.
• Boston Logan Airport Parking Daily parking, event parking for TD Garden shows, and airport parking services at Battery Wharf Garage in Boston's North End, with transportation to Logan Airport via Rowes waterfront taxi service in the customer's own vehicle. Includes luggage assistance.

Quantifiable outcome

• 94% customer satisfaction rate (statistic from 3rd parties across all locations)
• +3 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered flagship, minor and core.

• Avante CorpflagshipStrategic or Co-development Partner · 29 June 2026Avante Corp entered into a partnership agreement with Target Park Group Inc. to deploy MAST (Mobile Automated Surveillance Tower) units across Target Park's above-ground parking facilities in Canada and the United States. The initial phase provides 24/7 AI-powered surveillance with human-verified monitoring through Avante's Control Centre. The engagement includes a forward-looking technology roadmap toward automated parking services, positioning the partnership to expand Avante's recurring revenue base while demonstrating MAST's scalability beyond traditional security applications.
• American Lung Association in PennsylvaniaminorOthersTarget Park U.S. participated in the @Lungforce walk on May 18th, raising money and presenting a donation check. Executive Vice President / Co-Owner Chet Wilkolaski was photographed with Executive Director Caroline Hutchinson. Target Park U.S. donated to the charitable cause as part of its community involvement program.
• Headhouse District (Philadelphia, PA)coreStrategic or Co-development PartnerTarget Park U.S. partnered with the Headhouse District for their annual tree lighting and Santa meet and greet, donating items to children (crayons, coloring pages, candy canes). The partnership expanded to include a validation platform offering discounted parking to all 400+ Headhouse District businesses, a mobile app with preset discounts, valet stands throughout the district, and wayfinding signage. Target Park also provided 20% discounted parking validation at nearby parking garages during community events.
• Rowes Waterfront Taxi Service (Boston)coreChannel Partner/ Reseller/ DistributorTarget Park U.S. signed a contract with Rowes waterfront taxi service to add airport transportation services from its Boston Battery Wharf location to Logan Airport. The taxi service eliminates the need for a shuttle, taking customers directly to the terminal in their own vehicles. The cost for this option is included in the parking price.
• City of Hoboken (NJ)coreStrategic or Co-development PartnerTarget Park Group, operating over 200 locations in Canada, expanded into the US market with Hoboken as its home base. The company reached an agreement with the City of Hoboken to manage and operate a 100-car downtown parking lot. Target Park's state-of-the-art ALPR equipment restricts access to employees and permitted guests only, with live 24/7 Control Center monitoring providing year-round customer satisfaction.
• Kidz Klub (Jamaica, NY)minorGTM or Marketing PartnerTarget Park offers a collaboration discount with Kidz Klub at its Jamaica garage location. Kidz Klub customers can park for 3 hours for just $7.50 (compared to the standard $10 rate at that location), redeemable via coupon from Kidz Klub employees.

Scale indicators6 records

Recent moves15 records

Expansion highlights5 records

Direct peers

• Impark (Imperial Parking): Major North American parking operator with presence across the US and Canada, operating hundreds of commercial, hospital, airport, and municipal parking facilities. Directly comparable to Target Park's business model and geographic footprint, particularly given the Canadian parent overlap.
• LAZ Parking: One of the largest privately held parking operators in the US, operating thousands of locations across commercial, residential, airport, and event segments. Directly comparable to Target Park in business model (leased/managed parking facilities) and target customer base (landlords, municipalities, venues).
• Towne Park: Hospitality-focused valet parking and parking management company serving hotels, restaurants, and event venues across the US. Directly comparable to Target Park's hospitality and valet service lines, particularly at venues in major metro areas.

Emerging players

• ParkWhiz: Digital parking reservation platform (now part of Arrive) allowing consumers to find and book parking at garages, lots, and event venues. Overlaps with Target Park's event parking offering as both a partner distribution channel and indirect competitor for online booking.
• SpotHero: Online parking marketplace aggregating inventory from operators like Target Park to enable consumer booking of daily and event parking. Indirectly competitive as a consumer acquisition channel, with SpotHero serving as both a partner and potential disintermediator for traditional parking operators.
• Metropolis Technologies: Tech-forward parking operator deploying computer vision and AI for entry/exit, payments, and enforcement at commercial and mixed-use facilities. Competes with Target Park in the modernized parking experience but with a more technology-centric model and venture-backed growth trajectory.

Regional players

• Denison Parking: Mid-size US parking operator with a regional concentration in the Midwest and Southeast, managing commercial, hospital, and event parking facilities. Comparable business model to Target Park (leased/managed facilities) but operating in different geographies, reducing direct head-to-head competition.
• Champion Parking: New York-based parking operator managing commercial garages and lots across the NYC metro area. Directly comparable to Target Park's Manhattan and Queens operations with similar focus on monthly commuters, event parking, and commercial landlord contracts in dense urban markets.

Broad incumbents

• ABM Industries: Large facility services company with a dedicated parking and shuttle services division serving commercial, healthcare, and airport clients across the US. Competes with Target Park in commercial parking management but operates at much greater scale as part of a broader integrated facilities services portfolio.
• SP+ Corporation (now REEF): One of the largest US parking operators with thousands of locations across airports, commercial, hospitality, and event segments. Directly competes with Target Park in airport, event, and commercial parking management but at much greater scale and geographic breadth, now part of REEF's urban mobility platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/targetparkusa
• LinkedInlinkedin.com/company/targetparkusa

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Target Park Us Inc