Smart Development in Kitchener “Fivepoint” Selects LocoMobi WorldStream for its Smart Parking Management System

Toronto, Ont. – LocoMobi World announces that its Smart Parking Management System, CondoPark, will be the tenant and visitor parking management system for the Five Point Development located in Kitchener, Ontario. FIVEPOINT is strategically located in the Central Frederick, theater district of Kitchener. This area is full of rich history, arts & entertainment. From small shops, cafes, restaurants, to the performing arts center, museum, library, hockey stadium and more. FIVEPOINT is smart living unlike any other. At FIVEPOINT, you’re living in Kitchener’s smartest condo building with the latest in home technology and your own 24/7 digital concierge. The smart living technology does the heavy lifting of day to day logistics for you, so you can live with ease, efficiency & enjoyment. Control everything from one app on your phone, from parking, keyless entry, smart switches, lighting, temperature, to receiving mail & doorbell security cams. Touted as the  Smartest KW building with 24/7 digital concierge, drive into a secure parking space with LPR technology, plug in your vehicle, then use a smartphone to open all doors, retrieve mail and call the elevator. Minimal touch points from street to suite. 

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. 

“When I was introduced to owner and visionary Erik Olsen I will never forget his statement, I want the smartest technology there is,” comments LocoMobi World Co-founder and CEO Grant Furlane. “What was inspiring was he did not just want what was best today, but where we will be in 5 or 10 years!” 

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, 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.

LocoMobi World also provide 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 World’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