5 Considerations When Implementing a Parking Program for a Mixed-Use Property

Posted: Aug, 13, 2024 9:31AM ET • 3 min read

Parking services for mixed-use properties require a tailored approach, as the one-size-fits-all model falls notably short. Unlike single-purpose properties, mixed-use properties, demand a bespoke approach to parking services. Implementing a parking program for a mixed-use property, regardless of its scale, is a nuanced task. Such properties feature diverse tenant and visitor profiles, each requiring differing parking needs and requirements, which necessitates a customized parking service solution.

Below are five key technologies to consider when implementing a parking program for a mixed-use property,

  1. Gated parking technology for revenue capture and access control.

    Incorporating a smart and secure gated parking system at your parking facility allows you to control ingress and egress at all times, all while capturing guaranteed revenue. A gated parking system is able to provide elevated security and functionality by adding a barrier to enter or exit the facility, additionally, this aids in slowing traffic for a safer parking experience. You also have access to advanced data and report management when connected in real time to a live central monitoring system.

  2.  Electric vehicle charging stations to attract and retain EV drivers.

    The number of individuals driving electric vehicles grows yearly, especially with Canada's net-zero emissions by 2050 goal. With the increasing number of EV drivers, they require a place to park and charge while going about their day-to-day activities. Providing EV charging stations within your facility allows the drivers to park, charge, and explore the amenities available.

  3.  Wayfinding and digital signage for ease of navigation and additional promotional opportunities.

    Ensuring visitors have an easy parking experience is an essential part of the role of a property or facility manager. A key factor is investing in signage that makes wayfinding and navigating through your parking facility effortless. Signage should include key details about your parking facility, including hours of operation, rates, and any other essential information. It should also be highly visible with easy-to-read fonts and high-contrast colours. Additionally, signage can be utilized to promote products or services you offer within your parking facility or used as an ad space tenants can purchase to promote their product or service.

  4.  Hands-free parking permits for effortless entry and exit.

    Embracing digital access options can significantly enhance the parking experience for visitors to your parking facility. Scan-and-go parking permits provide a versatile solution that seamlessly integrates with gated parking systems and is a great option for frequent visitors. Additionally, transponder permits provide a frictionless parking experience better suited for residential residents or tenants who require long-term parking stays.

  5. Immediate technical service and support.

    Installing parking technology is a significant investment, it’s equally as important to be actively maintaining it. Integrating a 24/7 remote system allows you to monitor the status of your equipment by providing alerts and alarms when issues arise. By minimizing the possibility of downtimes, you can significantly enhance your operational efficiency, resulting in considerable time and cost savings.

     

By implementing these parking services into your parking facility, you will continue to meet the current and future needs of your tenants and visitors. Partnering with a full-service parking provider will allow you to 

At Precise ParkLink, we offer integrated parking solutions that meet your organization’s unique needs.  Submit the inquiry form below to learn more about what we have to offer,

 References

Carlson, E. (2024, April 3). How to implement effective parking strategies for mixed-use developments. Parkade. https://parkade.com/post/effective-parking-strategies-for-mixed-use-developments

Kim, T. (n.d.). Live, work, play: 5 things to consider when... Watry Design, Inc. https://www.watrydesign.com/insights/live-work-play-5-things-to-consider-when-designing-parking-to-enhance-mixed-use-projects

Flowers, H. (2024, April 5). Parking management for mixed use properties. National Parking. https://national-parking.com/about/resources/2024/04/what-is-a-mixed-use-property/  

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ABOUT THE AUTHOR

Bosco Tse
Client Relations Manager

In his twelve years in the parking industry, Bosco has earned the respect of his colleagues and clients alike by being a valuable and dependable resource to address their needs. In his current role at Precise ParkLink, he supports his clients in all aspects of their parking operations, including cost budgeting, financial analysis, project management, implementation, and scheduling. As a believer in continual self-improvement, and demonstrating his willingness to challenge himself to serve his clients better, Bosco recently earned his project management certificate from Ryerson University, and is currently working toward his PMP designation.

 

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