external parking garage in blue tint

Development

LPRI invests in and delivers purpose-built parking and transportation infrastructure in locations where new supply is required to support growing demand.

Development opportunities are typically sourced in supply-constrained, urban environments where existing infrastructure is insufficient to meet the needs of surrounding institutions, commercial uses, and evolving mobility patterns.

The platform approaches development with a focus on functionality, long-term durability, and integration with surrounding demand drivers. This includes structuring projects in partnership with municipalities, healthcare systems, and other institutional stakeholders, as well as navigating complex entitlement, design, and construction processes.

Recent projects include the development of structured parking assets such as the MLK Garage and the Connecticut Children’s Medical Center Garage, both of which were designed and delivered to support critical, high-demand environments.

Capabilities include

  • Ground-up development of parking & transportation infrastructure assets

  • Public-private partnership structuring and execution

  • Site selection, feasibility analysis, and underwriting

  • Design coordination and construction oversight

  • Integration with institutional and mixed-use developments

  • Long-term ownership and operational optimization

Let’s Start the Conversation

Seeking development opportunities? Contact Ted Silverman to learn more.