MEDPark, Inc. was founded by Mr. Rich, President of Rich & Associates, Inc. to privately develop hospital campus parking. Since 1979 MEDPark has been involved nationally in the development of six (6) hospital parking garages and two (2) hospital related medical office buildings totaling more than $80,000,000 in construction.

With a proven track record as a developer, MEDPark consistently provides realistic solutions to our client’s parking needs. We are aware of the numerous requirements financial institutions consider in determining whether or not a parking project can be financed. Our financial strength, stability and integrity enables us to provide our own equity and attract financing from the nation’s leading financial institutions.

MEDPark Management, Inc. was initially formed to operate the garages developed by MEDPark. However, due to our success, we have been contracted to manage parking operations of public and private owners. Since 1977 MEDPark Management has operated over 10,000 hospital campus parking spaces including nine (9) garages. Through this hands-on experience, our principals can advise clients in developing parking management programs that maximize efficiency in the operation, maintain a high level of service to patients and visitors, and maximizes capital preservation through a detailed maintenance program.

Our family of companies, includes Rich & Associates, MEDPark Inc., and MEDPark Management, Inc. We are uniquely qualified to serve as s single source for your parking project offering the following comprehensive services:


  • Conventional Financing
  • Taxable Bond Financing
  • Tax Exempt Financing

Innovative Leasing

  • Direct Land Lease
  • Leaseback
  • Direct Turnkey
  • Client Participation

Design and Engineering

  • Functional Design
  • Architectural Design
  • Engineering Design

Parking Management

  • Day to Day Management
  • Facility Maintenance
  • Revenue and Expense Reporting
  • Customer Service


  • Parking Supply / Demand Analysis
  • Economic Feasibility Studies
  • Site Evaluation
  • Campus Master Planning

Construction Coordination

  • Construction Budgeting
  • Competitive Bidding & Negotiation
  • Fast-Track Scheduling
  • On-Site Supervision