February 01, 2021

Toronto, Ont. – Central Parc is raising the bar when it comes to condo parking. Smart City parking technology leader, LocoMobi World, announces that its Parking Management System, CondoPark, will be installed at Saroukian Group’s six-tower development that will contain 1,200 high-end residential rental units, and retail space. It will be built on their 10-acre parcel of land with 1.2 million square feet of livable space with the first tower now complete.

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 are able to 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. 

“A new art of living developed around a unique, environmentally friendly green space in downtown Laval was our vision for this six phased project,” said George Saroukian, Chief Executive Officer of the ICSC Award winning Saroukian Group. “LocoMobi’s smart city vision of fully connecting cities worldwide is a good fit for this state-of-the-art development.”

LocoMobi World will also be providing its WorldStream Dispatch on-site, on-demand parking management system. With this system, there is no need for on-site security personnel. Coverage is only provided when required through automated on-demand requests, manual on-demand requests or scheduled patrols. With the WorldStream Cloud Portal, property managers can view the status of the request in real-time and track on the system’s map. 

“We are streamlining and changing the way parking and security have operated in the past by developing smart city technology that marries these two entities into one frictionless operation through the power of WorldStream under a single platform.” 

LocoMobi World Inc. continues to seamlessly connect tenants and visitors to the LocoMobi World Inc. transportation network. Soon, users will be linked throughout the city and have exclusive offers as they navigate through our network. 

About LocoMobi World Inc.

LocoMobi World Inc. is a cloud-based Smart City technology company specializing in parking, tolling, transit, storage, asset tracking, and threat management solutions. LocoMobi World produces and distributes pioneering technology to government, institutional and parking management clients throughout North America and has a growing platform of transportation infrastructure patents. LocoMobi provides a full line of products including Pay-On-Foot Kiosks, Pay-On-Exit Stations and Barrier Gates for Commercial and Residential Facilities. LocoMobi World Inc. has reinvented how people travel throughout the transportation infrastructure in terms of parking, curbside, drive- thru and security.

LocoMobi’s leading cloud-based License 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. 

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