WorldStream to be Launched at the Iconic Palace Place 47 Floor Community

Toronto, Ont. – Crossbridge Condominium Services Ltd., the largest residential condominium property management company in Ontario has awarded the parking technology contract to LocoMobi World for the Palace Place. Smart City parking technology leader,  LocoMobi World, shall implement its Parking Management System, CondoPark.

Palace Place offers residents the comfort and services rivalling those provided by a five star hotel. From the 24 hour concierge in the elegant lobby, to valet parking service, six guest suites for visitors, and a convenience store open seven days a week, the emphasis is on quality and security.

CondoPark is controlled by LocoMobi World’s WorldStream Cloud Portal powered by LPR Express, which provides automated entry to the parking garage for tenants and registered guests by reading license plates. Tenants can login remotely to invite guests to secure or reserve their parking, providing a seamless experience. With the highest read rate in the industry at 99.9% accuracy, the LPR system eliminates trespassers through access key sharing – no fobs, keys, or cards to be passed around or cloned. Property Managers can monitor activities, equipment, and solutions for their property in one central location in real-time with access to analytical reports. In addition, WorldStream will control peripheral parking to ensure all traffic is flowing efficiently and securely.

“Anyone that drives into the City of Toronto from the West cannot miss the incredible Palace Place Development that has been a centerpiece on the water for years,” says Grant Furlane, LocoMobi World’s CEO.  “Where quality and service are the premium requirements, we are excited to be the face as you enter and exit the facilities.“

About LocoMobi World Inc.

LocoMobi World Inc. is a cloud-based Smart City technology company specializing in parking, tolling, transit, storage, asset tracking, fleet and threat management solutions. Our WorldStream cloud portal is the first fully distributed cloud infrastructure management system. In addition, LocoMobi World provides pioneering technology to government, institutional and parking management clients throughout North America and has a growing platform of transportation infrastructure patents. LocoMobi World Inc. has reinvented how people travel throughout the transportation infrastructure in terms of parking, curbside, drive-thru and security.

LocoMobi World’s leading cloud-based Licence Plate Recognition (LPR) system offers a refined approach for revenue control, virtual permitting, violation and citation management, toll road management, managed traffic lanes, gated lane environments, as well as residential multi-level condominium building parking control and access.

Our Smart City technology is connecting vehicles anywhere they travel. WorldSecure LocoMobi World’s patent pending data security controller, protects against cyber-attacks and other data intrusions – the first of its kind.

For more information, please visit our website at https://locomobiworld.com or call Grant Furlane at 416.898.3455.

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