LocoMobi World to Launch Worldstream at the Broccolini’s 37 Storey River & 5th Development in the Corktown District

Toronto, Ont. – River & Fifth Condos is a new development by Broccolini Construction Inc. in Corktown Neighbourhood of Toronto. The 37-storey glass tower and podium is, destined to become an instant icon in the Toronto skyline. Broccolini proudly represents the residential, commercial, and industrial markets of Ontario and Quebec, where their team envisages, designs, and manages projects from start to finish.

This Smart City parking technology leader, LocoMobi World, announces that its Parking Management System, CondoPark will be the automated parking system for the development. The River & Fifth Condos has a perfect location close to financial and entertainment districts of Toronto. Controlling the traffic and parking flow will be important to tenants and property management like any popular urban development.

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.

“We are honoured to be working with one of the largest and most diverse developers in the Country” says Grant Furlane, LocoMobi World’s CEO.  “We hope to venture into all the development areas that touch WorldStream and Broccolini certainly are one of the leaders.  LocoMobi World Inc. continues to seamlessly connect tenants and visitors to the LocoMobi World Inc. transportation network. Soon, users will be linked throughout cities and the country,  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 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 that 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.