Case Studies

For us here at ParqEx, it isn’t good enough to just talk about parking solutions. What is paramount to us is how our parking solutions generate real, substantial results for our customers. These case studies reflect exactly that, and we’re more than proud to share them with you.

The Avenue At East Falls Parking Solutions Parqex 1 demonstrating ParqEx's smart parking technology in action.

The Avenue at East Falls with ParqEx Achieves 6 Figures in Parking Revenue In First Year

“We have always offered our residents and their guests the very best amenities, but to be able to add another in the form of the ParqEx parking technology is a true differentiator.” —Debra M., Property Manager, The Avenue at East Falls

ParqEx Case Study | Academy at Drexel Court | 6140 S Drexel Ave, Chicago, IL

Academy at Drexel Court sees 278% revenue increase in first 90 days with ParqEx

“ParqEx gave us instant control over our parking operation. What used to be a blind spot is now one of the most organized and high-performing parts of our property.” —Property Manager, Academy at Drexel Court

ParqEx Case Study | Lincoln Park Plaza | 600 & 586 W Diversey Pkwy, Chicago, IL

Lincoln Park Plaza in Chicago adds $50,000 monthly revenue using ParqEx

“We’ve turned idle assets into real income, improved the resident experience, and given our management team full control. ParqEx’s tech has made parking a strategic advantage for us.” Property Manager, Lincoln Park Plaza

ParqEx Case Study | Scotland Yard | Avanath Properties | Academy at Drexel Court | 4215 N Broadway, Chicago, IL

Scotland Yard achieves 151% revenue increase in only the first 30 days with ParqEx

“In just the first month, ParqEx helped us turn our parking lot into a revenue center. We were up and running faster than expected, and the support team made it all easy.” — Doug Saugstad, Property Manager, Scotland Yard

ParqEx Case Study | Affinity on North | Avanath Properties | Academy at Drexel Court | 551 W North Ave, Chicago, IL 60610

Affinity on North accomplishes 15.63% revenue growth in first 30 days with ParqEx

“We were live in just a few weeks, and within the first month, the revenue was real. Our tenants love the seamless parking experience, and ParqEx has been a great partner every step of the way.” — Doug Saugstad, Property Manager, Affinity on North Avenue

Ogden Team 1 2 Jpeg demonstrating ParqEx's smart parking technology in action.

Ogden and Company leverage ParqEx Marketplace to Drive 270% Revenue Growth

“This tech is amazing and really is filling up quickly. ParqEx added a ton of value to the property, simplified managing parking lots and increased profits.” — Doug Saugstad, Property Manager, Ogden & Company, Inc.

Silver Tower Chicago 1 1 demonstrating ParqEx's smart parking technology in action.

Silver Tower Chicago Instantly Adds $1,600 Monthly Revenue with ParqEx

“ParqEx was the only one that could do everything we wanted. And they’ve delivered — we’re very pleased.” — Laura Norris, Community Manager, The Silver Tower Condominium Association

Sheridan Plaza Chicago 1 768 X 512 1 demonstrating ParqEx's smart parking technology in action.

Sheridan Plaza Chicago leverages ParqEx Tech Stack to Add $21k Additional Annual Revenue

“ParqEx has delivered beyond our original expectations. They’ve been a great partner to help us maximize the value of our parking assets.” — David Sherman, Director of Operations, Horizon Realty Group

Walsh Fluor 1 1 demonstrating ParqEx's smart parking technology in action.

Walsh-Fluor Design-Build Team trust ParqEx with displaced residents, achieve 99.9% reliability

“The ParqEx team put significant effort into understanding our situation and devised a custom solution to handle all aspects of parking.” — Marcy O’Boyle Jensen, Property Manager, Communications Manager, Walsh-Fluor DBT

340 On The Park 768 X 512 1 demonstrating ParqEx's smart parking technology in action.

340 on the Park Enjoys 100% Reporting Improvement and 20% Staff Time Savings

“We had been looking for a better way to run our guest parking program, and ParqEx was the only solution that met all our needs.” — Amy Eickhoof, Property Manager, 340 on the Park

Monarch 716 Buffalo 768 X 512 1 demonstrating ParqEx's smart parking technology in action.

Monarch 716 Buffalo Activates ParqEx Technology to Add Valued Amenity for Student Residents, Management

“It’s incredible what ParqEx’s Access+ system has provided us. We’ve saved a bundle.” — Latifa Williams, Property Manager, Monarch 716

112 North May Chicago 768 X 512 1 demonstrating ParqEx's smart parking technology in action.

112 North May Chicago leverages Marketplace by ParqEx, Adds $72k in Parking Income

“We were thrilled to be able to quickly and easily transform an existing asset— a parking lot— into a revenue generator.” — Vivek Mehra, CEO, ParqEx

Avenue One California 768 X 512 1 demonstrating ParqEx's smart parking technology in action.

Avenue One California Achieves 100% Parking Enforcement Accuracy Rate with ParqEx Enforcer App

“ParqEx was the only platform willing to design that [custom] solution for us, and it’s been a night-and-day difference.” — Jason I., Property Manager, Avenue One California

Modernaire Apartments San Diego Parqex 768 X 512 1 Jpeg demonstrating ParqEx's smart parking technology in action.

Modernaire Apartments San Diego Achieves 99.9% Secure Entry Reliability with ParqEx

“ParqEx has not only transformed our control of our property, but they’ve saved us countless staff hours of trying to manage our lots.” — Lenaya Bailes, Property Manager, Modernaire Apartments

Evanston Metro Center 768 X 512 1 demonstrating ParqEx's smart parking technology in action.

Evanston Metro Center Sees Over $57k in Added Operating Income Leveraging ParqEx Tech Solutions

“ParqEx delivered for us on both the top and bottom lines. We not only make more from the garage, but we do it with less effort.” — Colleen Shoemaker, Property Manager, Evanston Metro Center

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Parqex Case Studies Lacuna Lofts Chicago Illinois demonstrating ParqEx's smart parking technology in action.

Lacuna Lofts

FULL PARKING SOLUTION FOR COMMERCIAL WORKSPACE & EVENTS VENUE

See how the ParqEx Smart Parking suite of products revolutionized parking for Lacuna Lofts’ management, tenants, and guests, including over $150,000 in added income, more than $60,000 in saved costs, and more than 3 million secure entries and counting.

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Parqex Case Studies 0000 Silver Tower 1 demonstrating ParqEx's smart parking technology in action.

Silver Tower

PAID GUEST PARKING AMENITY FOR CONDOMINIUMS

See how GuestParq and Access+ have provided a new source of HOA revenue while improving resident satisfaction for this 39-story condominium in the heart of Chicago’s River North neighborhood.

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Parqex Case Studies 0001 Sheridan 1 demonstrating ParqEx's smart parking technology in action.

Sheridan Plaza

FULL PARKING SOLUTION FOR LARGE MULTIFAMILY

See how ParqEx’s full suite of parking tools has improved security, reduced management effort, and boosted parking revenue by $34k (& counting) for Chicago’s Sheridan Plaza apartments.

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Parqex Case Studies 0002 112 N May 1 1 demonstrating ParqEx's smart parking technology in action.

112 North May Street

FLEXIBLE INCOME GENERATED FROM A RETAIL LOT

ParqEx’s Marketplace and Enforcer solutions allowed the developer to generate over $72,000 in parking revenue without a local presence, and with the flexibility of a 30-day out to adjust for construction and tenant needs.

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Parqex Case Studies 0003 340 Otp 1 demonstrating ParqEx's smart parking technology in action.

340 On The Park

UNPAID GUEST PARKING AMENITY FOR CONDOMINIUMS

GuestParq has improved operations and reporting for the property managers of this luxury condominium high-rise, while also increasing satisfaction for residents and guests who use the “free” guest parking amenity.

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Parqex Case Studies 0004 Evanston Owner 1 demonstrating ParqEx's smart parking technology in action.

Evanston Metro Center

PARKING TRANSFORMATION PROJECT FOR COMMERCIAL OWNER

The flexibility and power of ParqEx Access+ technology helped FD Stonewater re-sign their anchor tenant by transforming the parking garage to meet their needs –while also saving 30% on project costs over other options.

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Parqex Case Studies 0005 Evanston Pm 1 demonstrating ParqEx's smart parking technology in action.

Evanston Metro Center

PARKING TECHNOLOGY FOR COMMERCIAL OFFICE BUILDING

ParqEx solutions have helped the Transwestern property management team each month to add over $3,500 in operating income and provide over 1,500 secure garage entries without any additional effort or resources.

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Parqex Casestudy 1660 Condominiums 2022 V 4 Page 0001 1 1 1 1 demonstrating ParqEx's smart parking technology in action.

1660 Condominium

FULL PARKING SOLUTION FOR
CONDOMINIUM-OWNED PARKING GARAGE

ParqEx enhanced parking for 1660 Condominium management, its residents and their guests, and helped to create more parking opportunities for visitors who struggle with the limited availability in the neighborhood.

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Parqex Casestudy Monarch 2022 V 1 Page 0001 1 1 demonstrating ParqEx's smart parking technology in action.

Monarch 716

MULTI-BUILDING ENTRY ACCESS
SOLUTION FOR STUDENT APARTMENTS

ParqEx completely revolutionized the access system for Monarch 716, which allowed tenants and their guests a much simpler and more modern way to access the buildings. For management, the property now had an added amenity to offer current and prospective tenants, but more importantly— provided a fully secure system with advanced reporting and real-time insight to the properties.

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Parqex Case Studies Walshfluor 1 demonstrating ParqEx's smart parking technology in action.

Walsh-Fluor CTA Project

FULL PARKING SOLUTION FOR DISPLACED RESIDENTIAL DRIVERS

ParqEx devised and provided a comprehensive solution in collaboration with the Walsh-Fluor Deign-Build Team, the general contractor on the CTA’s Red-Purple Modernization project in the Uptown & Edgewater neighborhoods of Chicago. Chicago residents and guests were displaced from their usual neighborhood parking spots during the construction. ParqEx provided Walsh-Fluor Design-Build Team a convenient, easy, and suitable solution for the people of the neighborhood to be able to securely and conveniently park while construction was ongoing.

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