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	<title>Case Study Archives - ParqEx</title>
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	<description>The Smart Parking Technology Solutions for Self Managed Parking Real Estate</description>
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	<title>Case Study Archives - ParqEx</title>
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	<item>
		<title>Real-World Wins With ParqEx&#8217;s LPR</title>
		<link>https://parqex.com/real-world-wins-with-parqexs-lpr/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Mon, 07 Jul 2025 10:35:00 +0000</pubDate>
				<category><![CDATA[Smart Parking Solutions]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Enforcer]]></category>
		<category><![CDATA[lpr]]></category>
		<category><![CDATA[Mobile LPR]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<guid isPermaLink="false">https://parqex.com/?p=108697</guid>

					<description><![CDATA[<p>Curious about license plate recognition tech? Read our short article showcasing four real-world wins with ParqEx’s LPR!</p>
<p>The post <a href="https://parqex.com/real-world-wins-with-parqexs-lpr/">Real-World Wins With ParqEx&#8217;s LPR</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
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<h1 class="wp-block-heading" id="h-real-world-wins-with-parqex-s-lpr">Real-World Wins With ParqEx&#8217;s LPR</h1>



<p>As urban spaces expand and metropolises grow larger, the demand for parking is constantly on the rise. With such a high demand, property owners, property managers, and parking facility operators nationwide are turning to ParqEx and its parking technology to streamline and optimize their operations. ParqEx’s LPR (license plate recognition) technology continues to transform how parking is handled, including management and operations, evolving from simple access control to revenue optimization through pay-on-exit and enforcement. Continue reading our short article showcasing four real-world wins with ParqEx’s LPR!</p>



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<h2 class="wp-block-heading" id="h-4-examples-of-real-world-wins-with-parqex-s-lpr"><strong>4 Examples of Real-World Wins With ParqEx&#8217;s LPR</strong></h2>



<h3 class="wp-block-heading" id="h-1-mixed-use-commercial-automated-parking-access-with-zero-hassle"><strong>1. Mixed-Use Commercial: Automated Parking Access with Zero Hassle<br></strong></h3>



<p>At a mixed-use commercial space, a property used for events, coworking, and more, managing 120 parking spots in the lot was a continuous headache for property management. They rapidly lost parking revenue due to a lack of visibility and a recurring unauthorized parking problem, and their property security was compromised. ParqEx installed its <strong><a href="https://parqex.com/how-to-modernize-your-parking-operations-with-lpr/">commercial LPR system</a></strong> at this commercial property, enabling authorized users to gain touchless access to the parking facility via their pre-approved license plates. ParqEx’s license plate recognition technology nearly eliminated unauthorized parking, and tenant satisfaction and safety increased. After just the first month of ParqEx’s technology being used at the property, over 1,000 money-making parking transactions were made possible by ParqEx&#8217;s <a href="https://app.parqex.com/" target="_blank" rel="noreferrer noopener"><strong>parking app</strong></a>!</p>



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<h3 class="wp-block-heading" id="h-2-healthcare-facility-protecting-patient-parking"><strong>2. Healthcare Facility: Protecting Patient Parking<br></strong></h3>



<p>As we all know, parking at hospitals can be chaotic and mismanaged. This particular hospital constantly struggled with staff vehicles parking in patient-only spaces. These accessibility issues caused enough grief that the hospital sought ParqEx’s help with their LPR technology. ParqEx installed its <strong><a href="https://parqex.com/enhancing-hospital-patient-access-and-security-with-parqexs-enforcement-solution/">hospital LPR parking systems</a></strong> and implemented its <strong><a href="https://parqex.com/revolutionizing-parking-parqexs-ai-powered-smart-enforcement-technology/" target="_blank" rel="noreferrer noopener">hospital parking enforcement</a></strong> platform via the Enforcer App. With LPR and Enforcer on-site, the hospital increased visibility and ensured all parking rules were followed, allowing them to implement a three-strike you are out rule for any offending staff vehicle. With ParqEx&#8217;s help, patient parking availability increased, parking compliance improved, and the administrative and management burden surrounding parking was virtually eliminated.</p>



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<h3 class="wp-block-heading" id="h-3-urban-multifamily-property-secure-seamless-access"><strong>3. Urban Multifamily Property: Secure, Seamless Access<br></strong></h3>



<p>Urban multifamily properties all experience the same issue: a constant flow of cars coming and going throughout the day. In high-occupancy residential properties, property management needs help managing the entry for all tenants, their guests, delivery vehicles, and Doordash/GrubHub/UberEats deliveries. This urban multifamily property decided to implement ParqEx’s <strong><a href="https://parqex.com/the-advantages-of-lpr/" target="_blank" rel="noreferrer noopener">LPR access control system</a></strong>, granting approved vehicles automatic entry without the need for fobs, keys, garage codes, or remotes. This streamlined all parking operations, dramatically increased property security, reduced administrative burden, and improved the resident parking experience overall.</p>



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<h3 class="wp-block-heading" id="h-4-enforcement-in-motion-mobile-lpr-for-field-teams"><strong>4. Enforcement in Motion: Mobile LPR for Field Teams</strong></h3>



<p>For properties and parking facilities without fixed cameras, ParqEx decided to create a feature in the Enforcer App that would bring LPR functionality to field personnel and enforcement teams&#8217; smartphones. Within ParqEx’s Enforcer App, enforcement officers can now use the <strong><a href="https://parqex.com/how-mobile-lpr-improves-operational-efficiency-and-security/">mobile LPR</a></strong> (mobile license plate recognition) tool by simply photographing a vehicle&#8217;s license plate and uploading it to the Enforcer App. The app then instantly matches the license plate with the authorized vehicle database and determines if that vehicle is authorized or unauthorized. ParqEx’s <strong><a href="https://parqex.com/mobile-lprs-remarkably-promising-future-for-law-enforcement/">mobile LPR feature</a></strong> in the Enforcer App helps field personnel and enforcement teams streamline parking enforcement. Additionally, it gives teams a solid real-time violation tracking tool, empowering them to enforce their parking facilities even more diligently and accurately.</p>



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<h2 class="wp-block-heading" id="h-that-s-a-wrap-on-real-world-wins-with-parqex-s-lpr"><strong>That’s a Wrap on Real-World Wins with ParqEx’s LPR<br></strong></h2>



<p>AI-powered LPR technology transforms properties&#8217; management of their parking operations, and ParqEx’s LPR technology is the market leader. With our license plate recognition technology on-site, we enhance security, ensure ROI, create additional lucrative revenue streams for properties, improve parking enforcement, and provide peace of mind for everyone. Every property could benefit from LPR. What are you waiting for? <strong><a href="https://parqex.com/parking-solutions-demo/" target="_blank" rel="noreferrer noopener">Contact a ParqEx sales representative today</a></strong>, and let&#8217;s start building your custom LPR-powered parking solution.</p>



<p></p>
<div style="margin: 20px 0;"><div class="qrcswholewtapper" style="text-align:left;"><div class="qrcprowrapper"  id="qrcwraa2leds"><div class="qrc_canvass" id="qrc_cuttenpages_2" style="display:none" data-text="https://parqex.com/real-world-wins-with-parqexs-lpr/"></div><div><a download="Real-World Wins With ParqEx&#8217;s LPR.png" class="qrcdownloads" id="worign">
           <button type="button" style="min-width:200px;background:#44d813;color:#000;font-weight: 600;border: 1px solid #44d813;border-radius:20px;font-size:12px;padding: 6px 0;" class="uqr_code_btn">Download QR</button>
           </a></div></div></div></div><p>The post <a href="https://parqex.com/real-world-wins-with-parqexs-lpr/">Real-World Wins With ParqEx&#8217;s LPR</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
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	</item>
		<item>
		<title>AI Powered Parking Solution for Mixed-Use/Residential/Commercial Portfolios</title>
		<link>https://parqex.com/the-parking-solution-for-mixed-use-residential-commercial-portfolios/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Mon, 02 Jun 2025 16:26:41 +0000</pubDate>
				<category><![CDATA[Smart Parking Solutions]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[commercial]]></category>
		<category><![CDATA[Enforcer]]></category>
		<category><![CDATA[event venue]]></category>
		<category><![CDATA[lpr]]></category>
		<category><![CDATA[Marketplace]]></category>
		<category><![CDATA[mixed-use]]></category>
		<category><![CDATA[Parking]]></category>
		<category><![CDATA[Parking App]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<category><![CDATA[residential]]></category>
		<guid isPermaLink="false">https://parqex.com/?p=108669</guid>

					<description><![CDATA[<p>Read our blog highlighting four case studies and see why ParqEx is the parking solution for mixed-use/residential/commercial portfolios!</p>
<p>The post <a href="https://parqex.com/the-parking-solution-for-mixed-use-residential-commercial-portfolios/">AI Powered Parking Solution for Mixed-Use/Residential/Commercial Portfolios</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h1 class="wp-block-heading" id="h-parqex-ai-powered-parking-solution-for-mixed-use-residential-commercial-portfolios"><strong>ParqEx: AI-Powered</strong> <strong>Parking Solution for Mixed-Use/Residential/Commercial Portfolios</strong></h1>



<p>Inefficient parking management just doesn’t cut it anymore! Property owners and managers: if you are ready to streamline your entire parking operations, ParqEx is known for its innovative AI-driven smart parking solutions that meet the diverse needs of your entire portfolio, whether they are mixed-use, residential, or commercial properties. By leveraging our AI-powered advanced parking technology and intuitive user interface platforms, ParqEx is making parking management more efficient, effective, and secure, and even providing profitable parking revenue-generating opportunities for all property owners. Below, we will highlight four selected case studies from ParqEx to demonstrate how the parking solution for mixed-use/residential/commercial portfolios is ParqEx!</p>



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<h2 class="wp-block-heading" id="h-four-case-studies-showing-how-parqex-is-the-parking-solution-for-mixed-use-residential-commercial-portfolios"><strong>Four Case Studies Showing How ParqEx is the Parking Solution for Mixed-Use/Residential/Commercial Portfolios</strong></h2>



<h3 class="wp-block-heading" id="h-1-streamlined-parking-management-for-residential-amp-airbnb-properties-with-ai"><strong>1) Streamlined Parking Management for Residential &amp; Airbnb Properties</strong> <strong>with AI</strong></h3>



<p>Residential property parking management is undoubtedly one of ParqEx’s strengths. Significant residential developments, like <a href="https://parqex.com/streamlining-parking-management/" target="_blank" rel="noreferrer noopener"><strong>The Avenue at East Falls</strong></a> in Philadelphia, often face several parking-related challenges. They struggle to accommodate all parking demands from residents, guests, short-term parkers, and Airbnb parking needs. With an incredibly diverse resident base, which includes 35 Airbnb rental units, and relatively limited parking availability, The Avenue desperately needed a parking solution to optimize its current parking allocation while meeting the demands of its broad tenant base. ParqEx partnered with The Avenue at East Falls and quickly developed a custom digital parking solution, integrating its <a href="https://parqex.com/the-advantages-of-lpr/" target="_blank" rel="noreferrer noopener"><strong>residential property license plate reading technology</strong></a> (LPR) and <a href="https://parqex.com/more-than-just-parking-parqexs-access-control/" target="_blank" rel="noreferrer noopener"><strong>residential parking</strong> <strong>access control system</strong></a>, enabling tenants to access and manage their parking easily. Within three months, ParqEx’s system achieved a 90% tenant enrollment rate, met revenue targets within the first year, and drastically improved tenant satisfaction.</p>



<h3 class="wp-block-heading" id="h-2-optimizing-commercial-property-parking-with-ai"><strong>2) Optimizing Commercial Property Parking with AI</strong></h3>



<p>Mixed-use commercial properties also face parking-related challenges, and ParqEx has repeatedly found creative property-specific solutions for this market. Commercial properties that host event venues, coworking spaces, and businesses require flexible parking solutions to accommodate the diverse flow of people coming and going, ensuring security to meet safety standards and prevent unauthorized users from abusing parking. <a href="https://parqex.com/parking-solution-for-commercial-workspace-events-venue/" target="_blank" rel="noreferrer noopener"><strong>Lacuna Lofts</strong></a> in Chicago is home to shared workspaces and event venues and has consistently faced issues with unauthorized parkers and an inefficient payment system. ParqEx partnered with Lacuna Lofts and implemented its <a href="https://parqex.com/parcs-parking-access-revenue-control-systems/" target="_blank" rel="noreferrer noopener"><strong>end-to-end AI-driven parking solution</strong></a>, which includes ParqEx’s <a href="https://parqex.com/the-value-of-parqexs-marketplace/" target="_blank" rel="noreferrer noopener"><strong>parking reservation system</strong></a> (Marketplace), its <a href="https://parqex.com/why-real-estate-should-invest-in-lpr-technology/" target="_blank" rel="noreferrer noopener"><strong>commercial property license plate</strong> <strong>recognition system</strong></a> (LPR), <a href="https://parqex.com/revolutionizing-parking-parqexs-ai-powered-smart-enforcement-technology/" target="_blank" rel="noreferrer noopener"><strong>parking enforcement</strong></a> (Enforcer), <a href="https://parqex.com/enhancing-event-parking-security-with-parqex/" target="_blank" rel="noreferrer noopener"><strong>event parking management</strong></a>, and a parking kiosk. Within the first month of partnering with ParqEx, Lacuna Lofts generated over $11,000 in parking revenue, with a projected annual income exceeding $150,000, while saving over $60,000 per year in operational expenses.</p>



<h3 class="wp-block-heading" id="h-3-flexible-ai-driven-parking-solutions-for-retail-and-mixed-use-lots"><strong>3) Flexible AI-Driven Parking Solutions for Retail and Mixed-Use Lots</strong></h3>



<p>Retail facilities and mixed-use parking lots often also struggle with parking. ParqEx’s diverse solutions have resolved many retail and mixed-use lot parking complaints. For example, at <a href="https://parqex.com/flexible-added-income-from-a-retail-lot/" target="_blank" rel="noreferrer noopener"><strong>112 North May Street</strong></a> in Chicago, a retail facility was undergoing construction, and its parking lot faced many challenges and needed flexible parking solutions. ParqEx’s solutions for 112 N May allowed the property owner (without any effort on management or ownerships side) to generate over $72k in parking revenue by listing its 26 available parking spaces on ParqEx’s <a href="https://app.parqex.com/" target="_blank" rel="noreferrer noopener"><strong>parking reservation app</strong></a> (Marketplace), while the retail facility was under construction, and provided <a href="https://parqex.com/parqexs-comprehensive-towing-and-impound-management-solution/" target="_blank" rel="noreferrer noopener"><strong>towing and parking enforcement services</strong></a> to ensure only authroized users with active ParqEx parking reservations were on the property.&nbsp;</p>



<h3 class="wp-block-heading" id="h-4-complete-service-parking-optimization-for-residential-and-mixed-use-garages"><strong>4) Complete Service Parking Optimization for Residential and Mixed-Use Garages</strong></h3>



<p>Since ParqEx’s inception, the company has successfully managed parking for facilities and garages. <span style="box-sizing: border-box; margin: 0px; padding: 0px;">Lincoln Park Plaza is our final example (of this short blog &#8211; there are numerous more on our <strong><a href="https://parqex.com/case-studies/" target="_blank" rel="noreferrer noopener">case studies</a></strong> page) on why ParqEx is the parking solution for mixed-use/residential/commercial portfolios</span>. The Chicago property operates two parking garages with hundreds of spaces available for tenants and external transient city renters seeking parking. In a highly competitive urban parking market, efficient and effective management was necessary for this property. By implementing ParqEx’s <a href="https://app.parqex.com/" target="_blank" rel="noreferrer noopener"><strong>parking app</strong></a>, which allowed the property to leverage its built-in <a href="https://parqex.com/how-to-boost-parking-profit-with-parqexs-ai-driven-dynamic-pricing/" target="_blank" rel="noreferrer noopener"><strong>AI-driven dynamic pricing</strong></a> feature, utilizing <a href="https://parqex.com/how-to-modernize-your-parking-operations-with-lpr/" target="_blank" rel="noreferrer noopener"><strong>parking garage license plate recognition technology</strong></a>, <a href="https://parqex.com/how-the-parqex-enforcer-app-seamlessly-heightens-security/" target="_blank" rel="noreferrer noopener"><strong>enforcement</strong></a> technology, and <a href="https://parqex.com/unlock-the-benefits-of-a-parqex-internal-tenant-management-system/" target="_blank" rel="noreferrer noopener"><strong>internal tenant management</strong></a> solutions, ParqEx was able to streamline tenant parking needs while optimizing additional parking for external renters, turning all parking assets into substantial profit for the property. Since ParqEx installed its technology in December 2023, Lincoln Park Plaza has seen nearly $586k in total revenue and completed just under 8k parking reservations through ParqEx.</p>



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<h2 class="wp-block-heading" id="h-that-s-a-wrap-on-the-ai-powered-parking-solution-for-mixed-use-residential-commercial-portfolios"><strong>That’s a Wrap</strong> <strong>on: The AI-Powered Parking Solution for Mixed-Use/Residential/Commercial Portfolios</strong></h2>



<p>ParqEx&#8217;s suite of smart parking solutions offers advanced AI-powered parking technologies that streamline all parking management, enhance property security, provide significant revenue-generating opportunities, and are scalable and flexible to meet all properties&#8217; needs. So, whether your portfolio is filled with mixed-use developments, residential buildings, or commercial complexes, ParqEx is the perfect solution.</p>



<p>Thank you for reading our article showcasing four case studies illustrating how and why ParqEx is the parking solution for mixed-use/residential/commercial portfolios. We believe our solutions can enhance your portfolio. <a href="https://parqex.com/parking-solutions-demo/" target="_blank" rel="noreferrer noopener"><strong>Contact a ParqEx sales representative</strong></a> today!</p>



<p></p>
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           <button type="button" style="min-width:200px;background:#44d813;color:#000;font-weight: 600;border: 1px solid #44d813;border-radius:20px;font-size:12px;padding: 6px 0;" class="uqr_code_btn">Download QR</button>
           </a></div></div></div></div><p>The post <a href="https://parqex.com/the-parking-solution-for-mixed-use-residential-commercial-portfolios/">AI Powered Parking Solution for Mixed-Use/Residential/Commercial Portfolios</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
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		<title>Case Study on Early-Stage Success for a Multifamily Parking Facility</title>
		<link>https://parqex.com/case-study-on-early-stage-success-for-a-multifamily-parking-facility/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Mon, 05 May 2025 10:49:23 +0000</pubDate>
				<category><![CDATA[Smart Parking Solutions]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Enforcer]]></category>
		<category><![CDATA[Find Parking]]></category>
		<category><![CDATA[Internal Tenant Management]]></category>
		<category><![CDATA[List Parking]]></category>
		<category><![CDATA[lpr]]></category>
		<category><![CDATA[Marketplace]]></category>
		<category><![CDATA[Parking App]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<guid isPermaLink="false">https://parqex.com/?p=108297</guid>

					<description><![CDATA[<p>Read our case study on early-stage success for a multifamily parking facility and see how ParqEx's full-stack solution can help your property!</p>
<p>The post <a href="https://parqex.com/case-study-on-early-stage-success-for-a-multifamily-parking-facility/">Case Study on Early-Stage Success for a Multifamily Parking Facility</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h1 class="wp-block-heading" id="h-scotland-yard-case-study-on-early-stage-success-for-a-multifamily-parking-facility"><strong>Scotland Yard</strong>:<strong> Case Study on Early-Stage Success for a Multifamily Parking Facility</strong></h1>



<p>Scotland Yard, at 4215 N Broadway, Chicago, IL, is a newly ParqEx activated multi-family residential property in Chicago’s Uptown neighborhood. With 111 on-site parking spaces and a mix of tenant and guest use, the property partnered with ParqEx to unlock immediate parking revenue potential, improve visibility, and provide secure access. The ParqEx rollout began on <strong>March 1, 2025</strong>, with rapid adoption and impressive measurable results within the first month. Read this case study on early-stage success for a multifamily parking facility!</p>



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<h2 class="wp-block-heading" id="h-the-situation"><strong>THE SITUATION</strong></h2>



<p>Before ParqEx, <strong><a href="https://scotlandyardavanath.com/" target="_blank" rel="noreferrer noopener">Scotland Yard</a></strong> had no digital system in place for <strong><a href="https://parqex.com/improved-parking-with-parqexs-permit-management/" target="_blank" rel="noreferrer noopener">managing parking assignments</a></strong>, <strong><a href="https://parqex.com/marketplace-solution-creates-78k-per-year/" target="_blank" rel="noreferrer noopener">monetizing unused parking spaces</a></strong>, or <strong><a href="https://parqex.com/how-the-parqex-enforcer-app-seamlessly-heightens-security/" target="_blank" rel="noreferrer noopener">enforcing parking access</a></strong>. Management needed a partner that could help them:</p>



<ul class="wp-block-list">
<li>Launch quickly with no operational burden</li>



<li>Monetize available inventory immediately</li>



<li>Provide access control and parking oversight</li>



<li>Deliver usage insights and analytics from day one</li>
</ul>



<h2 class="wp-block-heading" id="h-the-solution"><strong>THE SOLUTION</strong></h2>



<p>This case study on early-stage success for a multifamily parking facility shows that ParqEx&#8217;s rapid launch of its full-stack solution was incredibly beneficial. This includes:</p>



<p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Internal Tenant Management</strong><span style="box-sizing: border-box; margin: 0px; padding: 0px;">—</span>Scotland Yard needed an <strong><a href="https://parqex.com/unlock-the-benefits-of-a-parqex-internal-tenant-management-system/" target="_blank" rel="noreferrer noopener">internal tenant management system</a></strong> to handle resident registrations and rental assignments<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Marketplace Activation</strong><span style="box-sizing: border-box; margin: 0px; padding: 0px;">—</span>To monetize excess parking inventory, the property needed a way to <strong><a href="https://parqex.com/how-to-reclaim-control-of-your-parking-access-revenue/" target="_blank" rel="noreferrer noopener">rent out private parking spaces</a></strong>.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Access+ with LPR</strong><span style="box-sizing: border-box; margin: 0px; padding: 0px;">—Security is always a top priority, so Scotland Yard took advantage of ParqEx&#8217;s&nbsp;<a href="https://parqex.com/how-to-modernize-your-parking-operations-with-lpr/" target="_blank" rel="noreferrer noopener"><strong>ac</strong></a></span><strong><a href="https://parqex.com/how-to-modernize-your-parking-operations-with-lpr/" target="_blank" rel="noreferrer noopener">cess control LPR system</a></strong>,&nbsp;which automated authorized vehicle access.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Analytics Dashboard—</strong>The property also uses the<strong> </strong>analytics dashboard to stay informed 24/7 and gain real-time visibility into performance metrics.</p>



<p>Despite going live in early March, the system was fully running in under two weeks, and adoption across the property was high.</p>



<h2 class="wp-block-heading" id="h-first-month-results-march-1-april-1-2025"><strong>FIRST MONTH RESULTS </strong><strong><em>(March 1 – April 1, 2025)</em></strong></h2>



<ul class="wp-block-list">
<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>$7,729.07 in total revenue</strong> generated in the <strong>first month</strong></li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f697.png" alt="🚗" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>107 reservations</strong> completed</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>+151% revenue growth</strong> in the last 30 days</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>88.8% of transactions were long-term</strong>, indicating strong resident adoption</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f9fe.png" alt="🧾" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>$5,879 revenue in March</strong>, growing to <strong>$1,850+ in early April already</strong></li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f513.png" alt="🔓" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Access+ now in use</strong>, with 2 registered access users in the first month</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4cd.png" alt="📍" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>46% lot occupancy</strong> and climbing, as spaces continue to be listed and filled</li>
</ul>



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfrrMeAPA2dBHGV-WVZUBRfVrBJqSahuyk1MoqFwB-wylFczNEtJXZ-lgmVWnNTA6cWXyHbBqVLQaYrtSmsjhttOofhKR-zwGAXT0N-cCmyQxVvJHlyDZFZkOn4kFTLcsLX-gg-mvL0kchy1Jw-KA?key=9GorbXaJw47T1v5ZyPhdjbNd" alt="Scotland Yard: Case Study on Early-Stage Success for a Multifamily Parking Facility" title="Scotland Yard: Case Study on Early-Stage Success for a Multifamily Parking Facility"/></figure>



<h2 class="wp-block-heading" id="h-testimonial"><strong>TESTIMONIAL</strong></h2>



<p>“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. The platform is smooth, smart, and already delivering real results.”<br>— Property Manager, Scotland Yard</p>



<hr class="wp-block-separator has-alpha-channel-opacity is-style-wide"/>



<h2 class="wp-block-heading" id="h-that-s-a-wrap"><strong>THAT&#8217;S A WRAP!</strong></h2>



<p>Scotland Yard’s rapid launch with ParqEx showcases how quickly properties can go from zero to revenue-generating with the right platform. Within 30 days of going live:</p>



<ul class="wp-block-list">
<li><strong>Over $7.7K in new revenue collected</strong></li>



<li><strong>Strong monthly rental base established</strong></li>



<li><strong>Usage insights and access control implemented</strong></li>



<li><strong>Momentum building for long-term success</strong></li>
</ul>



<p>Scotland Yard is now positioned for scalable, secure, and profitable parking operations—just one month after launch. If this case study on early-stage success for a multifamily parking facility could benefit your property, do not hesitate to <strong><a href="https://parqex.com/parking-solutions-demo/" target="_blank" rel="noreferrer noopener">contact a ParqEx sales representative</a></strong>! We would love to build a property-specific solution just for you!</p>



<p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4de.png" alt="📞" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Contact ParqEx</strong><br>Let us show you what your property can earn in just 30 days:<br><a href="https://www.parqex.com/">www.parqex.com</a> | <a href="mailto:sales@parqex.com">sales@parqex.com</a> | (855) PARQEX-1</p>
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			<media:title type="html">Scotland Yard: Case Study on Early-Stage Success for a Multifamily Parking Facility</media:title>
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	</item>
		<item>
		<title>Full-Service Parking Transformation for a Mixed-Use Property</title>
		<link>https://parqex.com/full-service-parking-transformation-for-a-mixed-use-property/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Mon, 28 Apr 2025 10:24:04 +0000</pubDate>
				<category><![CDATA[Smart Parking Solutions]]></category>
		<category><![CDATA[Access + Premium]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Enforcer]]></category>
		<category><![CDATA[Find Parking]]></category>
		<category><![CDATA[Internal Tenant Management]]></category>
		<category><![CDATA[Marketplace]]></category>
		<category><![CDATA[Parking App]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<category><![CDATA[reporting]]></category>
		<guid isPermaLink="false">https://parqex.com/?p=108309</guid>

					<description><![CDATA[<p>Read our recent case study and discover how ParqEx delivered a full service parking transformation for a mixed use property! </p>
<p>The post <a href="https://parqex.com/full-service-parking-transformation-for-a-mixed-use-property/">Full-Service Parking Transformation for a Mixed-Use Property</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h1 class="wp-block-heading" id="h-case-study-lincoln-park-plaza-garage-full-service-parking-transformation-for-a-mixed-use-property"><strong>Case Study: Lincoln Park Plaza Garage &#8211; Full-Service Parking Transformation for a Mixed-Use Property</strong></h1>



<p>Lincoln Park Plaza, located at 600 &amp; 586 West Diversey Parkway, Chicago, IL, is a large, mixed-use residential and commercial property in Chicago’s Lincoln Park neighborhood. The property includes two distinct garages:</p>



<ul class="wp-block-list">
<li><strong>Public Garage</strong> at <strong>600 W Diversey Parkway</strong> (229 spots)</li>



<li><strong>Private/Residential Garage</strong> at <strong>586 W Diversey Parkway</strong> (39 spots)</li>
</ul>



<p>The management team turned to ParqEx to completely modernize their parking operations—improving access, generating revenue, and boosting security for public and resident-facing parking assets. Keep reading Lincoln Park Plaza garage&#8217;s case study to see a full-service parking transformation for a mixed-use property!</p>



<span id="more-108309"></span>



<h2 class="wp-block-heading" id="h-the-situation"><strong>THE SITUATION</strong></h2>



<p>Before ParqEx, <strong><a href="https://lincolnparkplaza.com/" target="_blank" rel="noreferrer noopener">Lincoln Park Plaza</a></strong> faced multiple challenges that they had a hard time addressing:</p>



<ul class="wp-block-list">
<li>Underutilized public parking assets</li>



<li>No clear monetization strategy for transient or long-term parking users</li>



<li>No enforcement technology or streamlined access control system to enforce parking and reduce unauthorized parking access</li>



<li>Frustrations from residents over unregulated internal parking</li>
</ul>



<h2 class="wp-block-heading" id="h-the-solution"><strong>THE SOLUTION</strong></h2>



<p>ParqEx deployed a full-stack parking technology suite across both the public and private residential garages, including:</p>



<p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Marketplace</strong> – ParqEx helped Lincoln Park Plaza list and monetize underused parking on the <strong><a href="https://parqex.com/the-value-of-parqexs-marketplace/" target="_blank" rel="noreferrer noopener">ParqEx parking platform</a></strong>, making those spots readily accessible to those wishing to make an <a href="https://app.parqex.com/" target="_blank" rel="noreferrer noopener"><strong>online</strong> <strong>parking reservation</strong></a> at the location.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Access+</strong> – ParqEx&#8217;s Access+ Premium LPR technology elevated the technology for parking operations and provides a touchless, secure access through <strong><a href="https://parqex.com/how-to-modernize-your-parking-operations-with-lpr/" target="_blank" rel="noreferrer noopener">license plate recognition</a></strong> (LPR) for only pre-approved license plates.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Enforcer</strong> – ParqEx equipped staff and enforcement teams with the <strong><a href="https://parqex.com/how-the-parqex-enforcer-app-seamlessly-heightens-security/" target="_blank" rel="noreferrer noopener">ParqEx Enforcer App</a></strong>, giving staff the tools to <strong><a href="https://parqex.com/how-the-parqex-enforcer-helps-you-catch-building-parking-violations/" target="_blank" rel="noreferrer noopener">monitor and manage parking violations</a></strong>.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Internal Tenant Management</strong> – To facilitate the management of long-term tenants and the internal assignments, ParqEx provides Lincoln Park Plaza access to their <strong><a href="https://parqex.com/unlock-the-benefits-of-a-parqex-internal-tenant-management-system/" target="_blank" rel="noreferrer noopener">internal tenant management system</a></strong>, simplifying <strong><a href="https://parqex.com/improved-parking-with-parqexs-permit-management/" target="_blank" rel="noreferrer noopener">permit parking</a></strong>, <strong><a href="https://parqex.com/how-to-handle-parking-zone-management-with-parqex/" target="_blank" rel="noreferrer noopener">parking zone management</a></strong>, and <strong><a href="https://parqex.com/advantages-of-parking-property-management-software/" target="_blank" rel="noreferrer noopener">parking assignments</a></strong>.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Real-Time Reporting Dashboard</strong> – The final addition to this stack of ParqEx technology is its real-time parking insights and analytics dashboard, which gives the client complete transparency and control of their property.</p>



<h2 class="wp-block-heading" id="h-the-results"><strong>THE RESULTS</strong></h2>



<h3 class="wp-block-heading" id="h-public-garage-600-w-diversey-parkway"><strong>Public Garage – 600 W Diversey Parkway</strong></h3>



<ul class="wp-block-list">
<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>$585,994.91 in total revenue</strong> since launch in October 2023</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f697.png" alt="🚗" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>7,973 reservations</strong> completed through ParqEx</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;" /> 76% <strong>current occupancy</strong> with <strong>229 listed spots</strong></li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>+39% increase in long-term average transaction value</strong> over the past year</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4e6.png" alt="📦" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>97.14% of bookings are monthly</strong> – showing strong repeat business</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4c5.png" alt="📅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Over $50,000+ monthly in recurring revenue</strong> in peak months</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4c9.png" alt="📉" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Weekly revenue fluctuation, but still outperforming pre-ParqEx projections</li>
</ul>



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXemISL3wc2fziCmlk38sW0-4fJLiyAL5CKNHUEx9lnTAbV-4y8DpAzeTFf7zAZ4QmRWap67rRS0ipcqGIJc6BmSO7Sy0-0hThtTnKnLUTdbMpmAoZFHdbM_i057Z5pkE2ibA007tPpB0RPLThghx94?key=vxqECkPpIM-67yTT9dyME1T9" alt="A screenshot of a computer

AI-generated content may be incorrect."/></figure>



<h3 class="wp-block-heading" id="h-private-residential-garage-586-w-diversey-parkway"><strong>Private/Residential Garage – 586 W Diversey Parkway</strong></h3>



<ul class="wp-block-list">
<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>$85,209.20 in internal user revenue</strong> since Oct 2023</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f512.png" alt="🔒" class="wp-smiley" style="height: 1em; max-height: 1em;" /> 100% of current usage is by long-term renters</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f9d1-200d-1f4bc.png" alt="🧑‍💼" class="wp-smiley" style="height: 1em; max-height: 1em;" /> 61 renters managed through the Internal Tenant platform</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f697.png" alt="🚗" class="wp-smiley" style="height: 1em; max-height: 1em;" /> 24 real-time parkers, with a <strong>62% occupancy</strong> rate</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f504.png" alt="🔄" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>+5% growth in reservations</strong> in the last 90 days</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4a1.png" alt="💡" class="wp-smiley" style="height: 1em; max-height: 1em;" /> All access is fully automated via <strong>Access+ &amp; LPR</strong></li>
</ul>



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf1Z6_fudefhPnZEB83JVriJXP_BWAf99fAht7b8y3cdphcM6GlVya4HBh27_0OcN20TiXwkU84UaY0s1rohmC9NUvoVD75WCwRqowaDlLCOAKNZjNU8E3T57tXeZpd3PA8Oz3Z_2Bk9hTI6eWMe-g?key=vxqECkPpIM-67yTT9dyME1T9" alt="A screenshot of a computer

AI-generated content may be incorrect."/></figure>



<h2 class="wp-block-heading" id="h-testimonial"><strong>TESTIMONIAL</strong></h2>



<p>&#8220;Since partnering with ParqEx, we have completely transformed our parking operations and have increased our revenue stream exponentially. In doing so, we have also eliminated the daily operational headaches and now ParqEx support provides an easy-to-manage experience for our customers and onsite staffing.”<br>— Sean Drumgoole &#8211; Community Manager, Lincoln Park Plaza</p>



<hr class="wp-block-separator has-alpha-channel-opacity is-style-wide"/>



<h2 class="wp-block-heading" id="h-that-s-a-wrap"><strong>THAT&#8217;S A WRAP!</strong></h2>



<p>With the power of ParqEx’s tech-driven parking solutions, Lincoln Park Plaza went from underperforming parking lots to high-performing, revenue-generating assets. Through smart monetization, robust access control, and real-time enforcement tools, ParqEx helped the property achieve:</p>



<ul class="wp-block-list">
<li><strong>Over $670K in combined revenue</strong></li>



<li><strong>Occupancy optimization at 76% (public) and 62% (private)</strong></li>



<li><strong>Data-driven decision-making through live dashboards</strong></li>



<li><strong>Seamless, LPR-based access for tenants and the public</strong></li>



<li><strong>Real ROI through operational cost savings and recurring income</strong></li>
</ul>



<p>Thanks for reading our Lincoln Park Plaza case study highlighting ParqEx&#8217;s full-service parking transformation for a mixed-use property! If Lincoln Park Plaza&#8217;s success makes you think your property could benefit from ParqEx, do not hesitate to<strong> <a href="https://parqex.com/parking-solutions-demo/" target="_blank" rel="noreferrer noopener">contact a ParqEx sales representative</a></strong>. We specialize in tailored, property-specific parking solutions.</p>



<p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4de.png" alt="📞" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Contact ParqEx</strong><br>To explore how your property can replicate the success of Lincoln Park Plaza:<br><a href="https://www.parqex.com/">www.parqex.com</a> | <a href="mailto:sales@parqex.com">sales@parqex.com</a> | (855) PARQEX-1</p>
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		<item>
		<title>Rapid Parking Revenue Growth For a MultiFamily Community</title>
		<link>https://parqex.com/rapid-parking-revenue-growth-for-a-multifamily-community/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Fri, 25 Apr 2025 12:55:55 +0000</pubDate>
				<category><![CDATA[Smart Parking Solutions]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Find Parking]]></category>
		<category><![CDATA[Internal Tenant Management]]></category>
		<category><![CDATA[lpr]]></category>
		<category><![CDATA[Parking]]></category>
		<category><![CDATA[Parking App]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<guid isPermaLink="false">https://parqex.com/?p=108267</guid>

					<description><![CDATA[<p>Read our case study to discover rapid parking revenue growth for a multifamily community, and learn how ParqEx's custom solutions deliver!</p>
<p>The post <a href="https://parqex.com/rapid-parking-revenue-growth-for-a-multifamily-community/">Rapid Parking Revenue Growth For a MultiFamily Community</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h1 class="wp-block-heading" id="h-case-study-rapid-parking-revenue-growth-for-a-multifamily-community">CASE STUDY: Rapid Parking Revenue Growth For a MultiFamily Community</h1>



<p>Affinity on North Avenue, is a modern residential building in Chicago’s Old Town neighborhood owned and operated by Avanath. The building includes 57 dedicated parking spots, primarily for residents, with additional capacity to generate recurring revenue through monetization of unused spaces.</p>



<p>ParqEx partnered with the property to launch a fully digital parking solution on <strong>March 1, 2025, </strong>focusing on secure access, tenant satisfaction, and immediate financial returns. Please keep reading to discover ParqEx&#8217;s rapid parking revenue growth for a multifamily community, and learn how ParqEx&#8217;s tailored, property-specific solutions made it happen.</p>



<span id="more-108267"></span>



<h2 class="wp-block-heading" id="h-the-situation"><strong>THE SITUATION</strong></h2>



<p>Before implementation, the property lacked a modern system for managing resident parking, renting excess spaces, or tracking occupancy in real-time. The property needed a solution that would:</p>



<ul class="wp-block-list">
<li>Quickly bring all resident parking under one system</li>



<li>Begin generating monthly income with minimal effort</li>



<li>Provide automated access control and real-time reporting</li>



<li>Improve visibility into reservations and space utilization</li>
</ul>



<h2 class="wp-block-heading" id="h-the-solution"><strong>THE SOLUTION</strong></h2>



<p>ParqEx deployed a customized suite of solutions to activate <a href="https://affinityonnorthave.com/">Affinity on North Ave’s parking </a>infrastructure and build rapid parking revenue growth for a multifamily community.</p>



<p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Internal Tenant Management</strong>—For tenant parking assignments and registration, ParqEx&#8217;s <a href="https://parqex.com/unlock-the-benefits-of-a-parqex-internal-tenant-management-system/" target="_blank" rel="noreferrer noopener">internal tenant management system</a> was up to the task.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Access+ with LPR</strong> – ParqEx&#8217;s <a href="https://parqex.com/how-to-modernize-your-parking-operations-with-lpr/" target="_blank" rel="noreferrer noopener">secure LPR technology</a> automates garage door entry via license plate recognition for the property.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Real-Time Dashboard—</strong>ParqEx&#8217;s real-time admin dashboard is the perfect tool for tracking parkers, revenue, and space utilization in real time.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Marketplace Activation</strong>—To generate income from underutilized spaces, ParqEx&#8217;s <a href="https://parqex.com/the-value-of-parqexs-marketplace/" target="_blank" rel="noreferrer noopener">private parking reservation platform</a> added a parking revenue stream the property had never experienced before.</p>



<p>All systems were up and running within weeks, giving management immediate oversight and control.</p>



<h2 class="wp-block-heading" id="h-the-early-results-march-1-april-1-2025"><strong>THE</strong> <strong>EARLY RESULTS <em>(March 1 – April 1, 2025)</em></strong></h2>



<ul class="wp-block-list">
<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>$9,047.14 in total revenue</strong> generated in the first month</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>15.63% revenue growth</strong> over the last 30 days</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4e6.png" alt="📦" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>100% of transactions were monthly</strong>, showing strong long-term adoption</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f697.png" alt="🚗" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>73 reservations</strong> completed since launch</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f9fe.png" alt="🧾" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Over <strong>$5,500 in new revenue just in March</strong>, plus <strong>$3,000+ early April</strong></li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f512.png" alt="🔒" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Access+ activated</strong>, with 3 users registered for automated gate entry</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4cd.png" alt="📍" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>46% occupancy</strong> with room to grow as new residents are onboarded</li>
</ul>



<h2 class="wp-block-heading" id="h-testimonial"><strong>TESTIMONIAL</strong></h2>



<p>“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.”<br>— Property Manager, Affinity on North Avenue</p>



<h2 class="wp-block-heading" id="h-summary"><strong>SUMMARY</strong></h2>



<p>In only 30 days since going live, ParqEx helped Affinity on North Avenue:</p>



<ul class="wp-block-list">
<li>Achieve <strong>nearly $10,000 in parking revenue</strong></li>



<li>Streamline tenant parking operations</li>



<li>Enable secure, touchless entry via LPR</li>



<li>Begin long-term monetization with virtually no overhead</li>
</ul>



<figure class="wp-block-image size-large is-resized"><img data-dominant-color="d9dadb" data-has-transparency="true" fetchpriority="high" decoding="async" width="1024" height="638" sizes="(max-width: 1024px) 100vw, 1024px" src="https://parqex.com/wp-content/uploads/2025/04/image-1024x638.avif" alt="ParqEx success story - Rapid Parking Revenue Growth For a MultiFamily Community" class="wp-image-108268 has-transparency" style="--dominant-color: #d9dadb; width:623px;height:auto" title="ParqEx success story - Rapid Parking Revenue Growth For a MultiFamily Community" srcset="https://parqex.com/wp-content/uploads/2025/04/image-1024x638.avif 1024w, https://parqex.com/wp-content/uploads/2025/04/image-300x187.avif 300w, https://parqex.com/wp-content/uploads/2025/04/image-768x478.avif 768w, https://parqex.com/wp-content/uploads/2025/04/image-1536x956.avif 1536w, https://parqex.com/wp-content/uploads/2025/04/image-2048x1275.avif 2048w" /></figure>



<hr class="wp-block-separator has-alpha-channel-opacity is-style-wide"/>



<h2 class="wp-block-heading" id="h-that-s-a-wrap"><strong>THAT&#8217;S A WRAP!</strong></h2>



<p>With a solid tech foundation and strong tenant adoption, Affinity is now positioned for scalable, recurring parking income moving forward. Thanks for reading our case study on &#8220;Rapid Parking Revenue Growth For a MultiFamily Community.&#8221; If you want to see how your property can generate parking revenue rapidly, contact a ParqEx customer service representative today!</p>



<p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4de.png" alt="📞" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Contact ParqEx</strong><br>See what your property could earn in just 30 days:<br><a href="https://www.parqex.com/">www.parqex.com</a> | <a href="mailto:sales@parqex.com">sales@parqex.com</a> | (855) PARQEX-1</p>



<p></p>
<div style="margin: 20px 0;"><div class="qrcswholewtapper" style="text-align:left;"><div class="qrcprowrapper"  id="qrcwraa10leds"><div class="qrc_canvass" id="qrc_cuttenpages_10" style="display:none" data-text="https://parqex.com/rapid-parking-revenue-growth-for-a-multifamily-community/"></div><div><a download="Rapid Parking Revenue Growth For a MultiFamily Community.png" class="qrcdownloads" id="worign">
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           </a></div></div></div></div><p>The post <a href="https://parqex.com/rapid-parking-revenue-growth-for-a-multifamily-community/">Rapid Parking Revenue Growth For a MultiFamily Community</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
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		<title>How Parking is Upgraded And Monetized For A Multifamily Community</title>
		<link>https://parqex.com/how-parking-is-upgraded-and-monetized-for-a-multifamily-community/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Thu, 17 Apr 2025 17:50:39 +0000</pubDate>
				<category><![CDATA[Smart Parking Solutions]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Enforcement]]></category>
		<category><![CDATA[Find Parking]]></category>
		<category><![CDATA[Internal Tenant Management]]></category>
		<category><![CDATA[Marketplace]]></category>
		<category><![CDATA[Parking]]></category>
		<category><![CDATA[Parking App]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<guid isPermaLink="false">https://parqex.com/?p=108303</guid>

					<description><![CDATA[<p>Take 3 minutes to read this case study on how parking is upgraded and monetized for a multifamily community with ParqEx's help!</p>
<p>The post <a href="https://parqex.com/how-parking-is-upgraded-and-monetized-for-a-multifamily-community/">How Parking is Upgraded And Monetized For A Multifamily Community</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h1 class="wp-block-heading" id="h-case-study-academy-at-drexel-court-how-parking-is-upgraded-and-monetized-for-a-multifamily-community"><strong>Case Study: Academy at Drexel Court &#8211; How Parking is Upgraded And Monetized For A Multifamily Community</strong></h1>



<p>Academy at Drexel Court is a residential property in Chicago’s Woodlawn neighborhood. With over 100 parking spots and a growing resident base, the management team needed a better way to manage tenant parking, monitor occupancy, and start generating income from underutilized space. In November 2024, they partnered with ParqEx to deploy a smarter parking solution prioritizing ease of use, efficiency, and profitability. Keep reading this short case study and discover how parking is upgraded and monetized for a multifamily community!</p>



<span id="more-108303"></span>



<h2 class="wp-block-heading" id="h-the-situation"><strong>THE</strong> <strong>SITUATION</strong></h2>



<p>Before ParqEx, the <strong><a href="https://academyatdrexel.com/" target="_blank" rel="noreferrer noopener">Academy at Drexel Court</a></strong> had no centralized parking system in place, making it challenging to <strong><a href="https://parqex.com/how-to-handle-parking-zone-management-with-parqex/">manage parking tenant registration</a></strong> or <strong><a href="https://parqex.com/how-to-boost-parking-profit-with-parqexs-ai-driven-dynamic-pricing/" target="_blank" rel="noreferrer noopener">optimize parking occupancy</a></strong>. The property had:</p>



<ul class="wp-block-list">
<li>No revenue-generating model for parking</li>



<li>No enforcement or access control</li>



<li>No visibility into usage data or occupancy trends</li>
</ul>



<p>The management team needed a fast, low-friction rollout that would accommodate tenants, offer real-time control to the management team, and heighten security.</p>



<h2 class="wp-block-heading" id="h-the-solution"><strong>THE SOLUTION</strong></h2>



<p>For this property, ParqEx deployed a suite of tools to bring the parking operation online, including:</p>



<p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Internal Tenant Management</strong> – ParqEx&#8217;s <strong><a href="https://parqex.com/unlock-the-benefits-of-a-parqex-internal-tenant-management-system/" target="_blank" rel="noreferrer noopener">internal tenant management platform</a></strong> offers the Academy at Drexel Court a seamless tenant registration process and simplifies parking space assignments.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Marketplace Setup </strong>–  By setting up the property on ParqEx&#8217;s <strong><a href="https://parqex.com/the-value-of-parqexs-marketplace/" target="_blank" rel="noreferrer noopener">private parking marketplace platform</a></strong>, the ParqEx <strong><a href="https://app.parqex.com/" target="_blank" rel="noreferrer noopener">parking app</a></strong> enabled monetization of unused spaces.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Enforcement Tools</strong> – Through using ParqEx&#8217;s vast slew of <strong><a href="https://parqex.com/how-to-catch-parking-violations-with-a-parking-enforcer-app/" target="_blank" rel="noreferrer noopener">parking enforcement tools</a></strong>, the property gained control of unauthorized parking.<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Real-Time Dashboard</strong> – ParqEx&#8217;s real-time analytics dashboard provides the Academy at Drexel Court complete visibility into parking usage and performance metrics.</p>



<p>This solution allowed management to clearly distinguish between authorized resident use and public parking while monetizing excess parking inventory.</p>



<h2 class="wp-block-heading" id="h-the-results-as-of-april-2025"><strong>THE RESULTS <em>(as of April 2025)</em></strong></h2>



<ul class="wp-block-list">
<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>87% occupancy rate</strong> with <strong>90 active parkers</strong> out of 104 spots</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>$1,264.93 in revenue generated</strong> within the first two months</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>+278% increase in revenue over the last 90 days</strong></li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4c5.png" alt="📅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>708 reservations completed</strong>—a significant jump of <strong>+88%</strong> over the previous 90-day period</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Transaction volume ramping up sharply</strong>, with revenue nearly tripling month-over-month</li>



<li><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4a1.png" alt="💡" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>96.67% of transactions are monthly</strong>, showing high adoption among residents</li>
</ul>



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd7mOi3VJSTN41H_LcRLbCOgYwr4PpMqtf6U0-mv0g3oaQc3xh_7oIaxYXPoeKeF8S9BkUZIDHssj9TttZUwNHYBMfPcuMCh7XiBPU-vvNNkN6V9WSeXT2CRrMdt2JLXpWrt0-MqwBXuRpdwQLlVg?key=KX_jsGikn0x4ZoVjWoISG9Mq" alt="ParqEx Success Story - Academy at Drexel Court - How Parking is Upgraded And Monetized For A Multifamily Community" title="ParqEx Success Story - Academy at Drexel Court - How Parking is Upgraded And Monetized For A Multifamily Community"/></figure>



<h2 class="wp-block-heading" id="h-testimonial"><strong>TESTIMONIAL</strong></h2>



<p>&#8220;Onboarding with ParqEx&#8217;s staff was easy! The team is responsive and makes the most challenging situation easy. The hardest part of a new program at the Academy at Drexel is immediately getting our residents&#8217; full attention and cooperation, and ParqEx is helping get that done! We are looking forward to continuing to work with ParqEx in the future and generating more income.&#8221;<br>— Ms. Betty, Property Manager, Academy at Drexel Court</p>



<hr class="wp-block-separator has-alpha-channel-opacity is-style-wide"/>



<h2 class="wp-block-heading" id="h-that-s-a-wrap"><strong>THAT&#8217;S A WRAP!</strong></h2>



<p>In just five months, ParqEx has helped Academy at Drexel Court:</p>



<ul class="wp-block-list">
<li>Launch a fully digital parking solution</li>



<li>Achieve nearly full occupancy</li>



<li>Generate and grow parking revenue month-over-month</li>



<li>Offer a better resident experience and gain operational oversight</li>
</ul>



<p>With strong tenant usage and climbing revenue, the property is on track for sustained, long-term parking profitability. If The Academy at Drexel Court&#8217;s case study on how parking is upgraded and monetized for a multifamily community strikes a chord with you, do not hesitate to <strong><a href="https://parqex.com/parking-solutions-demo/" target="_blank" rel="noreferrer noopener">contact a ParqEx sales representative</a></strong>! We would be thrilled to create a custom proposal for your property.</p>



<p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4de.png" alt="📞" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Contact ParqEx</strong><br>To replicate this success at your property:<br><a href="https://www.parqex.com/">www.parqex.com</a> | <a href="mailto:sales@parqex.com">sales@parqex.com</a> | (855) PARQEX-1</p>
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		<title>Empowering Parks and Recreation Facilities with Cost-Effective Enforcement Technology</title>
		<link>https://parqex.com/empowering-parks-and-recreation-facilities-with-cost-effective-enforcement-technology/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Wed, 01 Jan 2025 00:00:00 +0000</pubDate>
				<category><![CDATA[Enforcement & Security]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Enforcement]]></category>
		<category><![CDATA[Enforcer App]]></category>
		<category><![CDATA[Parking]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<guid isPermaLink="false">https://parqex.com/empowering-parks-and-recreation-facilities-with-cost-effective-enforcement-technology/</guid>

					<description><![CDATA[<p>Discover how empowering parks and recreation facilities with cost-effective enforcement technology from ParqEx can answer your parks and rec!</p>
<p>The post <a href="https://parqex.com/empowering-parks-and-recreation-facilities-with-cost-effective-enforcement-technology/">Empowering Parks and Recreation Facilities with Cost-Effective Enforcement Technology</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h1 class="wp-block-heading" id="h-case-study-empowering-parks-and-recreation-facilities-with-cost-effective-enforcement-technology">Case Study: Empowering Parks and Recreation Facilities with Cost-Effective Enforcement Technology</h1>



<p>Parks and recreation facilities are vital community assets, providing spaces for relaxation, activity, and connection with nature for everyone. However, managing parking at these facilities can be challenging, especially when faced with limited budgets, non-revenue-focused objectives, and the need to ensure equitable access for visitors. To combat parking and cost challenges, ParqEx offers a low-cost enforcement technology platform tailored to meet parks and recreation facilities&#8217; unique needs, enabling efficient and effective parking management while preserving community values. Read on to discover how empowering parks and recreation facilities with cost-effective enforcement technology from ParqEx can answer your parks and rec!</p>



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<h2 class="wp-block-heading" id="h-the-challenge-managing-parking-at-parks-and-recreation-facilities"><strong>The Challenge: Managing Parking at Parks and Recreation Facilities</strong></h2>



<p>Parking management in parks often involves multiple aspects that lead to headaches everywhere. Some include:</p>



<ol class="wp-block-list">
<li><strong>Limited Resources:</strong> With small ranger teams or staff overseeing large areas, limited resources lead to significant parking management issues and challenges.</li>



<li><strong>Seasonal Peaks:</strong> Higher visitor volumes during weekends, holidays, and specific seasons like winter or summer pose parking-related challenges, as more vehicles are parked around the park.</li>



<li><strong>Unauthorized Parking:</strong> Unauthorized parking is always a grievance for parks. It is caused by construction workers, nearby residents, or others misusing parking intended purely for park visitors.</li>



<li><strong>Non-Revenue Goals:</strong> As parks and recreation aim to provide vital community assets to everyone, their parking-related challenge is not to penalize people through citations and monetization. They would much rather focus on behavioral change.</li>



<li><span style="box-sizing: border-box; margin: 0px; padding: 0px;"><strong>Budget Constraints:</strong>&nbsp;Budget constraints are a difficult hurdle for publicly funded organizations like Parks and Recreation, so they seek affordable and sustainable parking solutions.</span></li>
</ol>



<p>Traditional enforcement tools often fail to meet these needs, being either too costly or overbuilt for the scope of operations, leaving parks and recreation facilities at a loss as to what is needed to accommodate their needs.<br></p>



<h2 class="wp-block-heading" id="h-the-solution-parqex-s-low-cost-enforcement-platform"><strong>The Solution: ParqEx’s Low-Cost Enforcement Platform</strong></h2>



<p><a href="https://parqex.com/" target="_blank" rel="noreferrer noopener">ParqEx</a>’s enforcement technology platform provides an ideal solution for parks and recreation facilities with its enforcer app, customization capabilities, admin dashboard, and low-cost model.</p>



<ol class="wp-block-list">
<li><strong>ParqEx’s Mobile Enforcement App:</strong>
<ul class="wp-block-list">
<li><a href="https://parqex.com/enforcer-app/" target="_blank" rel="noreferrer noopener">The Parks and Recreation Parking Enforcer App</a> is a user-friendly app designed for small teams, such as parks and recreation ranger teams and staff.</li>



<li>The Enforcer App offers cross-platform convenience and is compatible with Android and iOS devices.</li>



<li>Some Enforcer App features include:
<ul class="wp-block-list">
<li><a href="https://parqex.com/mobile-ios-and-android-app-with-license-plate-recognition-for-enforcement/" target="_blank" rel="noreferrer noopener">Mobile license plate scanning</a> (<a href="http://Park City Municipality Results:" target="_blank" rel="noreferrer noopener">Mobile LPR</a>) and <a href="https://parqex.com/how-enforcing-parking-with-vins-augments-security/" target="_blank" rel="noreferrer noopener">VIN scanning</a> are used for quick vehicle identification.</li>



<li>Real-time violation logging with photo and timestamp evidence allows a paper trail, detailed history, and a notes section for all ranger teams, staff, and enforcement officers.</li>



<li>ParqEx’s Enforcer App has customizable workflows for warnings and citations based on park needs.</li>
</ul>
</li>
</ul>
</li>



<li><strong>Custom Ticket Design</strong>:
<ul class="wp-block-list">
<li>The Enforcer App tickets are tailored to meet local enforcement requirements.</li>



<li>ParqEx provides custom <a href="https://parqex.com/pay-for-parking-with-qr-code-parking-signs/" target="_blank" rel="noreferrer noopener">Parks and Recreation Parking QR codes and signs</a> for parks so violators can access detailed information about their warnings or citations immediately online.</li>
</ul>
</li>



<li><strong>Administrative Dashboard</strong>:
<ul class="wp-block-list">
<li>The ParqEx admin dashboard provides centralized management of enforcement rules, properties, and team activity.</li>



<li>The admin dashboard contains various reports to track violations, team performance, and parking trends.</li>
</ul>
</li>



<li><strong>Low-Cost Model</strong>:
<ul class="wp-block-list">
<li>ParqEx’s enforcement module is transparent and has budget-friendly pricing tailored to public entities.</li>



<li>With minimal setup fees and affordable monthly subscription options, the ParqEx enforcement solution appeals to publicly funded organizations.</li>



<li>With a firm understanding of seasonal peaks faced by parks, ParqEx provides flexibility to accommodate seasonal enforcement needs without escalating costs.</li>
</ul>
</li>
</ol>



<h2 class="wp-block-heading" id="h-case-in-point-park-city-municipality"><strong>Case in Point: Park City Municipality</strong></h2>



<h3 class="wp-block-heading" id="h-the-challenge"><strong>The Challenge:</strong></h3>



<p>A perfect example and case study of how empowering parks and recreation facilities with cost-effective enforcement technology is the answer for parks nationwide is Park City Municipality. Park City Municipality faced significant parking challenges across its 12 parking areas, including community parks and trailheads. Key issues included unauthorized parking, limited ranger resources, and a tight budget. Their existing enforcement solution provider, Roker, announced its closure, prompting the municipality to find a quick and affordable replacement.</p>



<h3 class="wp-block-heading" id="h-the-parqex-solution"><strong>The ParqEx Solution:</strong></h3>



<p>For Park City Municipality, ParqEx implemented its enforcement platform with the following highlights:</p>



<ol class="wp-block-list">
<li><strong>Tailored Configuration:</strong> ParqEx onboarded 12 parking areas with property-specific rules and workflows configured specifically for property needs.</li>



<li><strong>Customized Ticketing:</strong> ParqEx created custom tickets reflecting Park City’s unique enforcement needs.</li>



<li><strong>Cost Control:</strong> The municipality’s budget is between $200 and $300/month, so ParqEx delivered a solution with a one-time setup fee spread across multiple months to reduce financial strain.</li>



<li><strong>Ease of Use:</strong> ParqEx trained the small ranger team with the already user-friendly Enforcer App to efficiently use the mobile app for scanning, logging, and issuing warnings or citations.</li>
</ol>



<h3 class="wp-block-heading" id="h-park-city-municipality-results"><strong>Park City Municipality Results:</strong></h3>



<ul class="wp-block-list">
<li><strong>Increased Efficiency:</strong> A drastic increase in enforcement efficiency allows rangers to focus on behavior change with minimal administrative burden.</li>



<li><strong>Community Trust:</strong> Not wanting to dissuade the public, ParqEx and Park City Municipality ensured that warnings and citations were fair, transparent, and intended to preserve public access.</li>



<li><strong>Cost Savings:</strong> The municipality gained a modern enforcement system at a fraction of the cost of larger, overbuilt platforms.</li>
</ul>



<h2 class="wp-block-heading" id="h-key-benefits-for-parks-and-recreation-facilities"><strong>Key Benefits for Parks and Recreation Facilities</strong></h2>



<ol class="wp-block-list">
<li><strong>Affordable and Scalable:</strong>
<ul class="wp-block-list">
<li>ParqEx’s flexible pricing fits budgets of all sizes and is perfect for parks and recreation facilities.</li>



<li>As the operations grow at parks, options for future automation (e.g., <a href="https://parqex.com/access-plus-premium-with-license-plate-recognition/" target="_blank" rel="noreferrer noopener">License Plate Recognition</a> cameras) as needs grow.</li>
</ul>
</li>



<li><strong>Customizable Enforcement:</strong>
<ul class="wp-block-list">
<li>With several enforcement-related workflows to choose from, ParqEx provides a tailored workflow to align with community goals and enforcement policies.</li>
</ul>
</li>



<li><strong>Improved Visitor Experience:</strong>
<ul class="wp-block-list">
<li>Proper parking enforcement at parks and recreation facilities ensures parking availability for genuine park users.</li>



<li>Effective parking enforcement reduces neighborhood and traffic congestion caused by improper parking.</li>
</ul>
</li>



<li><strong>Empowered Teams:</strong>
<ul class="wp-block-list">
<li>ParqEx’s solutions provide simple tools for small ranger teams to handle parking violations effectively.</li>



<li>With training and ongoing support included to maximize platform value, ParqEx is an excellent answer for parks and recreation facilities seeking enforcement help.</li>
</ul>
</li>
</ol>



<hr class="wp-block-separator has-alpha-channel-opacity is-style-wide"/>



<h2 class="wp-block-heading" id="h-that-s-a-wrap"><strong>That&#8217;s a Wrap!</strong></h2>



<p>ParqEx’s enforcement platform bridges the gap between budget constraints and effective parking management. Our low-cost, customizable, scalable solution empowers teams, preserves community trust, and ensures parking spaces are used as intended. With ParqEx, you can be confident in managing parking challenges effectively.&nbsp;&nbsp;</p>



<p>Thanks for reading our case study, “Empowering Parks and Recreation Facilities with Cost-Effective Enforcement Technology.” If your park or recreation facility faces parking challenges and is searching for an affordable, effective enforcement platform, <a href="https://parqex.com/parking-solutions-demo/" target="_blank" rel="noreferrer noopener">contact ParqEx today</a> to learn more or to schedule a demo.</p>
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		<title>Enhancing Hospital Patient Access and Security With ParqEx&#8217;s Enforcement Solution</title>
		<link>https://parqex.com/enhancing-hospital-patient-access-and-security-with-parqexs-enforcement-solution/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Thu, 07 Nov 2024 18:42:58 +0000</pubDate>
				<category><![CDATA[Enforcement & Security]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Enforcer]]></category>
		<category><![CDATA[hospital guest parking]]></category>
		<category><![CDATA[hospital parking]]></category>
		<category><![CDATA[hospital parking enforcement]]></category>
		<category><![CDATA[hospital security]]></category>
		<category><![CDATA[hospital visitor parking]]></category>
		<category><![CDATA[lpr]]></category>
		<category><![CDATA[patient parking]]></category>
		<category><![CDATA[Safety]]></category>
		<category><![CDATA[Security]]></category>
		<guid isPermaLink="false">https://parqex.com/index.php/2024/11/07/enhancing-hospital-patient-access-and-security-with-parqexs-enforcement-solution/</guid>

					<description><![CDATA[<p>Read our case study and discover how enhancing hospital patient access and security with ParqEx's enforcement solution can fit your needs!</p>
<p>The post <a href="https://parqex.com/enhancing-hospital-patient-access-and-security-with-parqexs-enforcement-solution/">Enhancing Hospital Patient Access and Security With ParqEx&#8217;s Enforcement Solution</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
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<h1 class="wp-block-heading" id="h-case-study-enhancing-hospital-patient-access-and-security-with-parqex-s-enforcement-solution">Case Study: Enhancing Hospital Patient Access and Security With ParqEx&#8217;s Enforcement Solution</h1>



<p><br>A hospital approached ParqEx, facing significant parking challenges impacting its staff operations and patient experience. The main issue was that employees were parking in patient-designated spaces near hospital buildings, causing congestion and limiting patient parking access. In addition, the hospital’s security team needed a method to manage both long-term patient parking and employee parking infractions, all without monetizing the parking facilities. Here’s how ParqEx’s technology provided an effective, streamlined solution that improved patient access, reduced complaints, and empowered the hospital’s security team with powerful enforcement tools. Continue reading our case study and discover how enhancing hospital patient access and security with ParqEx&#8217;s enforcement solution can fit your hospital&#8217;s needs!</p>



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<h2 class="wp-block-heading" id="h-the-challenge"><strong>The Challenge</strong></h2>



<ol class="wp-block-list">
<li><strong>Patient Parking Shortage</strong>: Patient parking lots were located close to hospital buildings for ease of access. However, employees were often found parking in these designated areas, leading to a shortage of spaces for patients. This created inconvenience for patients and led to complaints as they struggled to find accessible parking during visits.</li>



<li><strong>Long-Term Patient Parking Monitoring</strong>: The hospital also required a way to verify if long-term patients were still on-site to ensure spaces were efficiently managed and available for active patients only.</li>



<li><strong>Lack of Parking Technology and Employee Vehicle Data</strong>: Before ParqEx, the hospital’s security team had no technology to track or manage parking violations. With no record of employee vehicle information, it was difficult to identify and address employees parking in-patient areas, and the team struggled to effectively enforce parking rules.</li>



<li><strong>No Monetization Requirement</strong>: The hospital’s focus was solely on parking management and enforcement to optimize patient access. They were not looking to monetize parking, so the solution needed to operate strictly as a management and enforcement tool without revenue generation.</li>
</ol>



<h2 class="wp-block-heading" id="h-the-solution-parqex-s-lpr-and-enforcement-platform"><strong>The Solution: ParqEx’s LPR and Enforcement Platform</strong></h2>



<p><a href="https://parqex.com/access-plus-premium-with-license-plate-recognition/" target="_blank" rel="noreferrer noopener">ParqEx’s License Plate Recognition</a> (LPR) technology, combined with its <a href="https://parqex.com/enforcer-app/" target="_blank" rel="noreferrer noopener">Enforcer</a> platform, provided the hospital with an efficient and automated way to address these issues. Here’s how <a href="https://parqex.com/" target="_blank" rel="noreferrer noopener">ParqEx</a>’s solution was implemented:</p>



<ol class="wp-block-list">
<li><strong>Automated Employee Vehicle Tracking</strong>: ParqEx’s LPR system was configured to recognize and track employee vehicles parked in patient-designated lots automatically. This provided real-time monitoring capabilities, allowing the hospital’s security team to identify vehicles that were violating parking rules quickly.</li>



<li><strong>Customizable Notifications</strong>: The enforcement platform was set up to notify hospital security whenever an employee’s vehicle was detected in the patient parking area. The security team could then use the Enforcer app to log a violation, which triggered automated notifications (via email and SMS) to subscribed employees. Daily reports were also sent to the security team for a consolidated view of all parking activity.</li>



<li><strong>Three-Strike Warning System</strong>: ParqEx’s enforcement platform was tailored with custom citation and violation rules specifically for this hospital. After three documented parking violations, further action could be taken, including reporting the employee to HR, revoking parking privileges, or towing the vehicle. This escalation policy provided a structured deterrent for employees who repeatedly misused patient parking areas.</li>



<li><strong>Monitoring Long-Term Parking</strong>: Using ParqEx’s tools, the hospital security team could verify whether long-term patients were still in the hospital, allowing them to manage these spaces efficiently. This not only ensured that parking was available for current patients but also helped prevent unauthorized parking by employees or other non-patients.</li>
</ol>



<h2 class="wp-block-heading" id="h-benefits-of-parqex-s-solution"><strong>Benefits of ParqEx’s Solution</strong></h2>



<p><em>1. <strong>Improved Patient Access and Satisfaction</strong></em>: By freeing up patient parking spaces, ParqEx’s solution enhanced parking availability and convenience for patients. This improvement led to a notable reduction in complaints about parking accessibility, as patients could now rely on open spots near the hospital building.</p>



<p><em>2. <strong>Increased Efficiency for Security Staff</strong></em>: ParqEx’s enforcement platform saved the security team significant time and effort by automating many aspects of enforcement. Notifications, daily reporting, and the structured warning system all contributed to a more manageable workload, allowing security staff to focus on broader security responsibilities.</p>



<p><em>3. <strong>Effective Parking Management without Monetization</strong></em>: ParqEx delivered a solution that didn’t require parking monetization. Instead, it provided a robust enforcement system that met the hospital’s needs for efficient, policy-driven parking management, empowering them to address specific challenges without any revenue requirements.</p>



<p><em>4. <strong>Support for Hospital Administration</strong></em>: ParqEx’s solution reduced the administrative burden of handling patient complaints about parking. By improving parking availability and implementing a clear, structured approach to enforcement, the hospital’s administration could focus on other operational areas, confident that parking was no longer a source of patient dissatisfaction.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading" id="h-conclusion"><strong>Conclusion</strong></h2>



<p>ParqEx’s advanced LPR and Enforcer technology enabled this hospital to solve its parking challenges without monetizing parking. By providing a streamlined, automated solution for tracking employee vehicles, issuing violations, and ensuring patient access, ParqEx helped create a more efficient parking experience for both patients and staff. This case study highlights how ParqEx’s enforcement platform can be customized to support the specific operational needs of healthcare facilities, ultimately contributing to enhanced patient satisfaction and operational efficiency.</p>



<p>Thanks for reading our case study &#8220;Enhancing Hospital Patient Access and Security With ParqEx&#8217;s Enforcement Solution.&#8221; If you want more information or want to discuss this topic further, please <a href="https://parqex.com/parking-solutions-demo/" target="_blank" rel="noreferrer noopener">book a demo</a> with us today. We look forward to speaking with you.</p>



<p></p>
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		<title>Introducing the New Duplicate License Plate Registration Feature</title>
		<link>https://parqex.com/introducing-the-new-duplicate-license-plate-registration-feature/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Thu, 24 Oct 2024 15:34:29 +0000</pubDate>
				<category><![CDATA[Smart Parking Solutions]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Enforcement]]></category>
		<category><![CDATA[lpr]]></category>
		<category><![CDATA[New feature]]></category>
		<category><![CDATA[new update]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[Property Management Software]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<guid isPermaLink="false">https://parqex.com/index.php/2024/10/24/introducing-the-new-duplicate-license-plate-registration-feature/</guid>

					<description><![CDATA[<p>Introducing the New Duplicate License Plate Registration Feature: A Flexible Solution for Varying Parking Needs!</p>
<p>The post <a href="https://parqex.com/introducing-the-new-duplicate-license-plate-registration-feature/">Introducing the New Duplicate License Plate Registration Feature</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h1 class="wp-block-heading" id="h-introducing-the-new-duplicate-license-plate-registration-feature-a-flexible-solution-for-varying-parking-needs">Introducing the New Duplicate License Plate Registration Feature: A Flexible Solution for Varying Parking Needs</h1>



<p>Attention! We&#8217;re excited to announce that we are introducing the New <strong>Duplicate License Plate Registration</strong> Feature! This much-requested feature for ParqEx users<span style="box-sizing: border-box; margin: 0px; padding: 0px;"><strong> will go live on November 1, 2024.</strong></span> This new feature gives property managers greater flexibility in managing how vehicles are registered, making it possible to allow or restrict a single vehicle (identified by its license plate) from being registered by more than one user at a specific property.</p>



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<h2 class="wp-block-heading" id="h-purpose-and-problem-solved">Purpose and Problem Solved</h2>



<p>We are introducing the new duplicate license plate registration feature because properties have varying needs when managing vehicles, especially when multiple people might drive the same vehicle. In some properties, such as where roommates or family members share a vehicle, allowing multiple users to register the same license plate makes sense. This ensures all parties can reserve <a href="https://parqex.com/guestparq/" target="_blank" rel="noreferrer noopener">guest parking</a> or <a href="https://parqex.com/access-plus-app/" target="_blank" rel="noreferrer noopener">access the parking facilities</a> seamlessly without requiring each driver to have a separate vehicle.</p>



<p>On the other hand, properties with strict enforcement or specific rules around guest parking, such as <strong>Avenue One</strong> in California, face unique challenges. Avenue One allows each user five free guest passes. If a single vehicle is registered to multiple users at the same property, it can create confusion for enforcement teams tracking vehicle activity. The system might inaccurately calculate guest pass usage, causing errors in enforcement and potentially resulting in improper application of rules or even penalties for residents.</p>



<p>With this new feature, property managers can now control how vehicles are registered at their properties, creating a more streamlined experience for both the management team and the residents.</p>



<h2 class="wp-block-heading" id="h-how-the-new-feature-works">How the New Feature Works</h2>



<p>The new <strong>Duplicate License Plate Registration</strong> feature can be toggled on or off from the property’s account setup page. Here’s what the setting does:</p>



<ul class="wp-block-list">
<li><strong>When Enabled</strong>: The same license plate can be registered to multiple users at the same property. This is useful for shared vehicles, such as when multiple residents use the same car but have different parking or guest reservation needs.<br><em><strong>Example</strong>: At a student housing property, two roommates who share a car can each have the vehicle registered under their individual accounts, making it easier for both to reserve guest parking or access other parking amenities.</em></li>



<li><strong>When Disabled, the system restricts each vehicle (by license plate) to only one user&#8217;s registration</strong>. This prevents multiple users from sharing the same vehicle registration, simplifying enforcement and guest pass tracking.<br><em><strong>Example</strong>: At Avenue One, the property uses strict vehicle tracking to enforce its five-free guest pass policy. By restricting a license plate to only one user, the system ensures that a single vehicle’s guest pass usage is counted correctly, eliminating confusion and ensuring proper enforcement.</em></li>
</ul>



<p>This setting is enabled by default to maintain backward compatibility, meaning existing properties that already allow multiple users to register the same license plate will continue to function as they always have. For properties that require stricter enforcement, managers can easily toggle the feature off.</p>



<h2 class="wp-block-heading" id="h-why-this-feature-matters">Why This Feature Matters</h2>



<p>The <strong>Duplicate License Plate Registration</strong> feature solves a critical issue for properties that need flexibility in handling vehicle registrations. It provides a simple and seamless solution for properties that allow shared vehicles without disrupting the user experience. At the same time, properties that enforce strict guest pass limits or have other vehicle-tracking rules can ensure accurate enforcement and avoid errors.</p>



<p>This feature will be available to all ParqEx customers starting November 1, 2024, and can be configured directly within the admin portal.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading" id="h-additional-information">Additional Information</h2>



<p>For more details on how <a href="https://parqex.com/" target="_blank" rel="noreferrer noopener">ParqEx</a> is improving parking management and enforcement, check out the case study on Avenue One’s implementation of the ParqEx platform and how this new feature supports their unique requirements: <a href="https://parqex.com/case-studies/avenue-one-california/" target="_blank" rel="noreferrer noopener">Avenue One Case Study</a>.</p>



<p>Thanks for reading our newest announcement: &#8220;Introducing the New Duplicate License Plate Registration Feature!&#8221; Stay tuned for more updates and feature releases as we continue to enhance the ParqEx platform for properties and residents alike!</p>



<p></p>
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		<item>
		<title>Full Parking and Resident Solution For An Apartment Complex</title>
		<link>https://parqex.com/full-parking-and-resident-solution-for-an-apartment-complex/</link>
		
		<dc:creator><![CDATA[Claudia Bechthold]]></dc:creator>
		<pubDate>Mon, 20 May 2024 10:45:52 +0000</pubDate>
				<category><![CDATA[Smart Parking Solutions]]></category>
		<category><![CDATA[Access + Premium]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[Enforcement]]></category>
		<category><![CDATA[Enforcer App]]></category>
		<category><![CDATA[GuestParq]]></category>
		<category><![CDATA[Internal Tenant Management]]></category>
		<category><![CDATA[lpr]]></category>
		<category><![CDATA[Real Estate Technology]]></category>
		<guid isPermaLink="false">https://parqex.com/index.php/2024/05/20/full-parking-and-resident-solution-for-an-apartment-complex/</guid>

					<description><![CDATA[<p>Discover unparalleled convenience with ParqEx's Full Parking and Resident Solutions For An Apartment Complex. Learn more!</p>
<p>The post <a href="https://parqex.com/full-parking-and-resident-solution-for-an-apartment-complex/">Full Parking and Resident Solution For An Apartment Complex</a> appeared first on <a href="https://parqex.com">ParqEx</a>.</p>
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<h1 class="wp-block-heading" id="h-full-parking-and-resident-solution-for-an-apartment-complex">Full Parking and Resident Solution For An Apartment Complex</h1>



<p>Property managers and owners: Are you grappling with managing a large apartment complex with numerous parking spaces? Do you find it challenging to monitor the movement of people in and out of your property? Are you concerned about the security implications of unauthorized vehicles? Are these unauthorized parkers causing inconvenience to your residents and guests? Do you need assistance in regulating authorized, guest, and unauthorized parking? If these issues resonate, this case study on ParqEx&#8217;s “Full Parking and Resident Solution for an Apartment Complex” is a must-read.</p>



<p>ParqEx’s client, “Modernaire Apartments,” in San Diego, California, offers its residents comfortable apartments to call home close to shopping, dining, work, and recreational destinations. With 400+ units and only 416 parking spaces, you can quickly grasp that Modernaire desperately needed to find a parking solution that provides complete control, total visibility, a streamlined parking management system, an answer for the guest parking dilemma, and an enforcement solution to quickly patrol and ticket all violating vehicles.</p>



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<h2 class="wp-block-heading" id="h-the-situation"><strong>The Situation</strong></h2>



<p>The property management team at Modernaire Apartments never truly knew who was entering and exiting their properties. Leaving an open door to vehicles that are not authorized on the property continued to pose a security risk to their residents and guests. With unauthorized parkers gaining easy access to the properties, the availability of the 416 parking spaces quickly diminished. Not only were authorized guests struggling to find available parking on the property, but residents also found themselves without parking when coming home. As can be seen, Modernaire desperately needed a way to enforce its parking situation and get a streamlined parking management system in place.</p>



<h2 class="wp-block-heading" id="h-the-solution"><strong>The Solution</strong></h2>



<p><a href="https://parqex.com/" target="_blank" rel="noreferrer noopener">ParqEx</a> took a comprehensive approach when designing a property-specific parking solution for Modernaire’s specific parking pain points. It became abundantly clear that Modernaire needed a streamlined, error-free way to monitor, manage, and keep track of all vehicles entering and exiting the property. With that in mind, ParqEx proposed a tech solution incorporating <a href="https://parqex.com/access-plus-premium-with-license-plate-recognition/">ParqEx’s Access + License Plate Recognition (LPR)</a> technology, <a href="https://parqex.com/guestparq-private-guest-parking/" target="_blank" rel="noreferrer noopener">GuestParq</a>, the <a href="https://parqex.com/enforcer-app/" target="_blank" rel="noreferrer noopener">Enforcer app</a>, and our Internal Tenant Management platform.</p>



<p>Modernaire’s property has three different parking lots (191 parking spots, 172 parking spots, 53 parking spots), each with an entrance and exit. Unquestionably, property management and enforcement officers always needed help to monitor everything. ParqEx quickly resolved this issue by installing LPR technology at these lots, which automatically scans all license plates approaching the entrance and exit of the parking lot. With this technology on-site, only approved drivers can park in these lots.</p>



<p>Regarding guest parking, ParqEx also implemented its GuestParq platform, which allows residents and property managers to grant approved access to visitors seeking parking on their property. By reserving guest parking in advance on the <a href="https://app.parqex.com" target="_blank" rel="noreferrer noopener">ParqEx app</a>, visitors have a seamless arrival experience.</p>



<p>Concerning enforcement, Modernaire can now use ParqEx’s Enforcer app to enforce their property. With the Enforcer app used alongside ParqEx’s LPR technology, Modernaire’s property has reached a new level of security. If an unauthorized vehicle were to manage somehow to make it onto the property, or if a car has been left unattended for an extended period in one of the parking lots, or if a guest has overstayed their allotted parking time, ParqEx’s Enforcer app grants property management and enforcement officers the ability to instantly ticket, tow, or add specific vehicles to a “do not tow” list.</p>



<h2 class="wp-block-heading" id="h-the-result"><strong>The Result</strong></h2>



<p>The overarching result for Modernaire Apartments was the near-elimination of unauthorized parking. Moreover, with LPR and the Enforcer app working in tandem, property management has gained complete oversight and control over property access and parking management.</p>



<p>Additional results of ParqEx’s tech suite solution include eliminating headaches resulting from parking management and saving countless valuable hours that the staff previously used to perform all parking management operations manually. Additionally, ParqEx’s parking management solution provided reliable and seamless access, which provided residents with a smoother, faster, more secure way to come home with the assurance that there would be parking available for them upon returning. Moreover, ParqEx’s tech solution provided Modernaire Apartments property management team with new value-adding amenities for their existing and potential residents.</p>



<p>To put numbers to it, ParqEx’s technology enabled 99.9% entry reliability for about 10k secure entries and counting, with 0 added staff effort.</p>



<figure class="wp-block-pullquote"><blockquote><p>“ParqEx has not only transformed our control of our property, but they’ve saved us countless hours of trying to manage our lots.” Lenaya Bailes (Property Manager, Modernaire Apartments)</p></blockquote></figure>



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<h2 class="wp-block-heading" id="h-reach-out"><strong>Reach Out</strong></h2>



<p>ParqEx is a parking management and real-estate technology platform that enables property managers, staff, and enforcement officers to remain in complete control of their property and remain vigilant regarding their parking property security. Thanks for reading our blog, “Full Parking and Resident Solution for an Apartment Complex.” Now go ahead and check out the <a href="https://parqex.com/case-studies/modernaire-apartments/" target="_blank" rel="noreferrer noopener">Modernaire Apartments case study</a> and <a href="https://parqex.com/parking-solutions-demo/" target="_blank" rel="noreferrer noopener">contact us</a> to learn how ParqEx can be your apartment complex&#8217;s full parking and resident solution.</p>



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<h2 class="wp-block-heading" id="h-frequently-asked-questions-faqs-on-how-parqex-solved-parking-problems-at-modernaire">Frequently Asked Questions (FAQs) on how ParqEx solved parking problems at Modernaire</h2>



<div class="schema-faq wp-block-yoast-faq-block"><div class="schema-faq-section" id="faq-question-1714048678299"><strong class="schema-faq-question"><strong>What challenges does ParqEx&#8217;s solution address for large apartment complexes?</strong></strong> <p class="schema-faq-answer">ParqEx addresses issues related to unauthorized access, parking space availability for residents and guests, and the management of multiple parking lots. Our solution ensures that only authorized vehicles can access parking spaces, thereby increasing security and convenience for residents.</p> </div> <div class="schema-faq-section" id="faq-question-1714048780267"><strong class="schema-faq-question"><strong>How does ParqEx&#8217;s License Plate Recognition (LPR) technology work?</strong></strong> <p class="schema-faq-answer">ParqEx&#8217;s LPR technology is designed to scan and recognize license plates at the entrances and exits of parking lots. This allows only vehicles registered in the system to access the parking spaces, effectively controlling parking access and ensuring that spaces are reserved for authorized users.</p> </div> <div class="schema-faq-section" id="faq-question-1714048815567"><strong class="schema-faq-question"><strong>Can ParqEx&#8217;s system manage guest parking?</strong></strong> <p class="schema-faq-answer">Yes, ParqEx’s GuestParq platform allows residents and property managers to grant access to visitors in advance. This ensures a seamless arrival experience for guests by reserving parking spaces through the ParqEx app.</p> </div> <div class="schema-faq-section" id="faq-question-1714048841306"><strong class="schema-faq-question"><strong>What enforcement capabilities does the Enforcer app provide?</strong></strong> <p class="schema-faq-answer">The Enforcer app enables property managers and enforcement officers to ticket, tow, or even place vehicles on a &#8220;do not tow&#8221; list if they violate parking policies. This is effective for managing unauthorized parking and ensuring compliance within the property.</p> </div> <div class="schema-faq-section" id="faq-question-1714048865526"><strong class="schema-faq-question"><strong>What are the benefits of implementing ParqEx’s parking solution?</strong></strong> <p class="schema-faq-answer">The benefits include enhanced security, better utilization of parking spaces, reduced manual effort in parking management, and improved resident satisfaction due to guaranteed parking availability. Our solution also offers 99.9% entry reliability and operates without the need for additional staff.</p> </div> <div class="schema-faq-section" id="faq-question-1714048889497"><strong class="schema-faq-question"><strong>How does ParqEx improve the resident experience in apartment complexes?</strong></strong> <p class="schema-faq-answer">By providing reliable and secure parking access, ParqEx ensures that residents can quickly and effortlessly find parking upon returning home. Our system minimizes unauthorized parking and increases the availability of parking spaces for residents and their guests.</p> </div> <div class="schema-faq-section" id="faq-question-1714048905531"><strong class="schema-faq-question"><strong>What kind of support does ParqEx offer to property managers during and after implementation?</strong></strong> <p class="schema-faq-answer">ParqEx provides comprehensive support throughout the implementation process and beyond, including training for staff, 24/7 customer support, and regular updates to software and hardware as needed to ensure optimal functionality and security.</p> </div> <div class="schema-faq-section" id="faq-question-1714048935511"><strong class="schema-faq-question"><strong>How can property managers get started with ParqEx?</strong></strong> <p class="schema-faq-answer">Property managers interested in implementing ParqEx&#8217;s solutions can contact us for a detailed consultation and demo. Our team will assess the specific needs of your property to</p> </div> </div>
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