Search

High tech parking is a gamechanger for LA real estate

Los Angeles remains one of the hottest real estate development markets in the country. However, this has also put a larger strain on an already prevalent parking problem. In fact, according to a recent UCLA study, 30% of traffic in Los Angeles is a result of people looking for parking in highly congested areas. The study also found that approximately 4.2 million tons of extra CO2 are released as a result.

This innovative automated approach to parking not only alleviates issues with space but also keeps up with the pace of technology in an ever-growing automated world.


What is automated parking?

For developers aiming to build in already full urban centers, automated parking is a game changer. One of its biggest benefits is that the systems require less space than that of a traditional structure. This allows developers to build more rentable square footage while maintaining adequate capacity for cars.

There are three main types of automated parking systems: Bi directional, tower automated, and puzzle. Each of these system types are developed to best fit the property layout and size.

Automated parking creates accessibility where there was none. Land that was less profitable due to space constraints is suddenly more valuable. Additionally, automated parking cuts down car retrieval time and gives patrons a streamlined parking experience. This is truly the wave of the future.


#automatedparking #realestate


11 views

800 West 6th Street Ste 1250, Los Angeles, CA 90017

2019 Copyright © All rights reserved.

TCS LOGO NEW 2018 White.png