Toronto, Ont. – LocoMobi World announces that its Smart Parking Management System, CondoPark, will be the tenant and visitor parking management system for the 203 Albert Development located in Waterloo, Ontario. 

The 25 Storey Tower is nestled between the University of Waterloo and Wilfrid Laurier University. The Kitchener – Waterloo area is home to Canada’s largest tech, software, satellite and eLearning companies. Waterloo Region also has the highest concentration of the Information Technology and Analytical Instruments sector, based on population. 

The tallest building in the most sought-after location in Waterloo will make this location a landmark to live in. Being an innovative high-tech area, the handling of vehicle traffic will be innovative and representative of the future. In addition to residential living, there is ground-level retail to service its tenants and the area.

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 log in 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, this location will offer Passage Pass, which allows for Mobile payment for ease of access to the transient parking area and shall be controlled by License plate tracking enforcement. 

“LocoMobi is the most advanced technology company in the industry,” comments LocoMobi World President Brian Storrie.“ We are honoured to be chosen as the technology solution provider for the Technology Hub of Canada as we continue to expand in several new projects in this region.”

LocoMobi World Inc. continues seamlessly connecting 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, 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 License Plate Recognition (LPR) system offers a refined approach for revenue control, virtual permitting, violation and citation management, toll road management, managed traffic lanes, and gated lane environments, as well as residential multi-level condominium building parking control and access. Soon to come will be “MobiVision” the first wearable Computer vision glasses for enforcement and security.

LocoMobi World also provides a full line of Industry-leading Payment Kiosks, Smart Barrier Gates, Solar Powered Parking Meters and other innovative solutions to ensure total revenue security.

The most recent is Locomobi’s introduction of the first robot to the industry. You can follow the advancement of “Mobi” on our website and social media.

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