Parking facilities

REEF Technology provides versatile hubs for car parks

MIAMI-REEF Technology has announced a plan to transform parking lots and garages across the United States into multipurpose centers. These hubs, located in the car parks, will be populated by companies from the REEF hub ecosystem, including Uber, DoorDash, GetAround and Nuro, and will offer services such as bicycle and electric scooter rental companies, on-demand aviation and peer-to-peer car rental.

The objective is to “perpetuate” the parking structures while meeting the needs of the city, according to REEF Technology.

Another offering in the hubs will be REEF KITCHENS, which has launched operations in London and Miami in response to growing demand for food delivery. REEF KITCHENS partners with local restaurants to provide faster delivery, with each kitchen center accommodating one to five restaurant brands. Restaurants can manage their operations directly or through REEF contract staff. Several hundred additional operational kitchens are expected to open in North America and the UK.

The company is also in talks with micro distribution centers.

REEF technology, formerly known as ParkJockey Global, is currently the largest parking network in North America with more than 4,500 locations. Backed by SoftBank Vision Fund and Mubadala Investment Co., the company has a network of smart parking real estate.

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