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2025 Power 50: 11. Alan Lazowski

Alan Lazowski is the founder and CEO of LAZ Parking, which operates more than 1.6 million parking spaces in over 4,000 locations across the U.S. He’s also a key backer and partner in some of the region’s largest multifamily housing developments.

Lazowski is a part-owner of Lexington Partners, a prominent development firm that has been responsible for some of the largest apartment developments completed in Greater Hartford over the past few years.

Lazowski and Lexington are part of a team of regional business leaders advancing a project to transform East Hartford’s outdated Founders Plaza office park into a development mixing about 1,000 apartments with retail, entertainment and other commercial development.

Lexington is also advancing plans for the transformation of the Westbrook Outlets shopping center into a massive, mixed-use development.

Find out who else is in the 2025 Power 50

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In Lazowski’s hometown of Hartford, he and Lexington have teamed up with Shelbourne Global Solutions – the city’s largest downtown office landlord – on a plan to transform a six-story office building overlooking Bushnell Park into a boutique hotel of about 90 rooms. The building at 15 Lewis St. had previously served as LAZ Parking’s headquarters, before the company’s purchase of and move to the Gold Building office tower.

Lazowski, Lexington and Shelbourne have also partnered in a multi-phased transformation of a 324,000-square-foot, office-and-retail complex at the corner of Trumbull and Pratt streets. The first phase is a conversion of the top four floors of a building at 64 Pratt St., into dormitory space for roughly 200 UConn students.

In terms of his main business, Lazowski recently announced a new partnership with California-based Epic Charging that will deploy electric vehicle charging technology across 50,000 LAZ-controlled parking spaces over the next five years.

Find out who else is in the 2025 Power 50