The Smart Parking and Enforcement Solution for HOAs
Homeowners Associations (HOAs) in the U.S. encounter diverse parking-related challenges when managing condominium communities and properties, and ensuring streamlined, fair, and secure parking often presents difficulties. Since its beginning, ParqEx has provided HOA communities with customized parking solutions that make parking management more efficient, enhance parking enforcement, improve property security, and ensure fair use of existing parking among HOA tenants, increasing HOA resident satisfaction. Read this short article showcasing four ParqEx case studies on how ParqEx is the smart parking and enforcement solution for HOAs.
Case Studies Proving That ParqEx is the Smart Parking and Enforcement Solution for HOAs
1 – Avenue One California: 100% Enforcement Accuracy with ParqEx
A luxury condominium in Irvine, Avenue One California, faced constant struggles and hardships with unauthorized parking and improper use of guest parking. ParqEx designed and deployed a custom ParqEx vehicle enrollment system for Avenue One to handle ongoing parking enforcement problems. This system allowed residents to register their vehicles and guests through the ParqEx app. With all pre-approved resident and guest information in the system, its integration with the ParqEx Enforcer app enabled property management and enforcement officers to instantly verify approved vehicles, achieving 100% enforcement accuracy without hiring additional staff. A further benefit of ParqEx’s customized solutions is that ParqEx technology authorized residents to create digital parking passes for their guests, eliminating the need for physical printed parking permits to be distributed or managed by property management (saving management time and money) while also reducing wrongful towing incidents (saving money and enhancing tenant satisfaction).
2 – 1660 Condo: Enhancing Parking Operations During Construction
Another example of how ParqEx is the smart parking and enforcement solution for HOAs is the 1660 Condominium in Chicago. Located in the Lincoln Park neighborhood, 1660 experienced a nine-month garage renovation and faced continuous parking challenges before and during construction. This prompted property management to seek parking technology solutions during this construction phase. ParqEx immediately provided the property with a comprehensive solution, including ParqEx’s HOA access control system (Access+), HOA parking platform (Marketplace), HOA guest parking solution (GuestParq), and robust HOA parking enforcement app (Enforcer App). All these tools and technological solutions facilitate secure access to the parking garage, monetize unused parking spaces, allowing transient renters to reserve them, streamline guest parking for the property, and ensure effective enforcement to enable only authorized parkers. Ongoing construction on the property proved to be no challenge for ParqEx. With ParqEx’s technology on-site, 1660 limited unauthorized parking, maintained security, and generated parking revenue during the construction phase, recording an incredible 3 million secure entrances to the property during the chaos.
3 – Silver Tower Condominium: Paid Visitor Parking
Universally, guest parking is an amenity often overlooked and misused by communities, and that fact alone proves why ParqEx is the smart parking and enforcement solution for HOAs. Silver Tower Condominium sought to enhance guest parking for its tenants while generating revenue from guest parking reservations. ParqEx implemented its on-site condo access control system (Access+) and condo guest parking solutions (GuestParq), immediately providing the property with a paid guest parking option within the ParqEx platform. This allowed the property to increase parking revenue and improve resident satisfaction with a streamlined, easy-to-use guest parking reservation system.
4 – Hamptons West Condominiums: Fair Parking For All
When parking demand exceeds the available spots, properties encounter challenges in the fair distribution of parking assets among their community members. This was certainly the case for Hamptons West Condominiums. To address the Hamptons West parking challenges, ParqEx used its parking lease management system. The lease management system allows HOA residents to reserve parking spots on the platform and receive parking lease renewal reminders via the app, ensuring high compliance with all parking regulations. The ParqEx HOA parking lease helped the condominium community reduce parking lease lapses by over 99.9% and saved management hundreds of hours spent on parking management.
That’s a Wrap on: The Smart Parking and Enforcement Solution for HOAs
Nationwide, ParqEx’s custom parking solutions address unique parking problems and continuously demonstrate that ParqEx is the smart parking and enforcement solution for HOAs. By implementing ParqEx’s tech suite, HOA communities can streamline their entire parking management and operations, automatically enhance safety and security by swiftly reducing unauthorized parking, generate parking revenue streams for their property, improve parking lease systems, and boost resident satisfaction through guest parking and various other ParqEx feature amenities. Let ParqEx be the tailored solution for your HOA’s parking challenges. Contact a ParqEx sales representative to schedule a free demo with our team.
