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From humble beginnings come great ventures. This is never more evident than in the history of System Property Development.Â
In 1920, at the beginning of the economic boom known as the Roaring â20s, the companyâs founder, Jack Hazard, opened his small gas station on the corner of Sixth and Figueroa. Unfulfilled by simply pumping gas and looking for ways to make more money, Hazard began to charge truckers to stay overnight on his parking lot.Â
âThis was back when there was no parking industry,â said Systemâs CEO, David Damus. âHe was a pioneer in developing not only the local parking industry but one of the first national parking companies.â