Minneapolis Parking

AT A GLANCE – SELECT SOLD FACILITIES:
LORING PARKING RAMP
GATEWAY PARKING RAMP
CENTRE VILLAGE
ORPHEUM PARKING LOT
RAMADA PARKING LOT


The Alatus Parking Management Team was formed in the fall of 2007 with the acquisition of five public parking ramps and two surface lots in downtown Minneapolis. Since then, the company continued to reposition and grow assets, and represented the largest privately held parking company in the state of Minnesota until selling the portfolio in 2014.

The organization, dba MinneapolisParking, was originally designed as a property holding company and quickly expanded into operations management, third-party asset management, affiliate marketing, services, and consultation and development services within the realm of commercial parking. With over 5,500 stalls under management and 30+ employees, the portfolio management team combined expertise in operations and facility management, customer relationship management, and e-commerce management to provide best-in-class service to customers and owners.

MinneapolisParking applied the integration of technology and a customer-centric approach throughout parking facilities as well as the sales process to create an efficient, automated, and consistent customer experience. Operations were streamlined into one centrally-located 24/7/365 customer service center downtown. Property values were maximized through improvement plans focused on safety, ease of use, proactive upkeep, clean and simple design, and management by a skilled, well-trained workforce.

Headquartered in Minneapolis, Minnesota, Alatus, LLC was founded in 2005 with the goal of revitalizing communities through the planning, design and construction of transformative projects. Known for its dedication to excellence, Alatus is a leader in multi-family as well as mixed-use, commercial, and single-family residential real estate developments.

The company also includes MyHomeSource, LLC, which focuses on single-family home construction throughout the Minneapolis/St. Paul metro and brings more than 30 years of real estate, design, and construction experience to each neighborhood. With numerous, award-winning urban and suburban developments, Alatus proudly partners with clients and communities throughout the Upper Midwest.