The Park Assist solutions have been adopted by both private and public entities across a multitude of asset classes and sectors. These include:
Shopping Malls
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- Assist drivers in finding a space more easily offering a strong competitive advantage
- Increases parking bay turnover near entrances and exits
- Maximises utilization of the parking lot in peak shopping period
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Public Cities & Universities
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- Maximise enforcement efficiency and compliance
- Improved data management and policy setting
- Raises parking revenues and returns
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Hospital / Stadium / Airport
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- Generates greater financial returns from the parking assets
- Placates negative public relations from revenue raising perception
- Improves building management facilities and environment
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Supermarket, Retail & Big Box Parking
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- Segmentation of the parking mix for different types of customers
- Increasing bay turnover to convert half bucket into full bucket customers
- Planning & GLA Ratio determination
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New Developments & Redevelopments
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- Improved traffic flow circulation and design for new developments
- Green building sustainability and green star ratings
- City planning requirements and concessions
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Traffic & Parking Consultants
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- Determination of planning ratios, rates and policy setting
- Improved efficiency on parking demand surveys
- Database of information and knowledge on the trends & behavior of parking assets
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Parking Concessions
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- Enhance asset IRR’s with double digit uplifts in EBITDA
- Improved understanding of parking asset and return profile in due diligence
- Uptick in asset valuations by achieving equilibrium in parking supply & demand
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