The Client

Located at the northwest corner of Front Street and Spadina Avenue, The Well features 3,000,000 sq. ft. of retail, office, and residential space directly in the heart of downtown Toronto.

This world-class development was built in partnership between RioCan REIT and Allied Properties to deliver an urban environment centred around creativity and connectivity backed by the experience and market presence of a leader in Canadian commercial management sector.

The Challenges 

Located Construction of The Well was complicated by two main factors: it is diagonally opposed to the Rogers Centre and, prior to going live in 2022, it was the largest construction site in the Greater Toronto Area.

But it was also an incredible opportunity to design an uncompromising solution for a major commercial client to provide a premium parking experience for their users while simultaneously creating an important revenue generator for the facility. The prime downtown location makes The Well an attractive parking opportunity not only for visitors to the site, but to nearby attractions and destinations as well.The Solutions

ADM selected Precise ͵ÅÄ͵¿ú for our unique offering of industry-leading technology to automate day-to-day operations combined with specialized staffing to provide a further personalized, hands-on service.make sure that it never does.

Skidata gated parking equipment ensures ADM’s strict access control requirements are met while AVI technology improved traffic flow. Particularly impactful has been the roll-out of Precise ͵ÅÄ͵¿ú’s own Parkedin mobile payment solution, which lets users to pay securely and conveniently right from their smartphone.

The Solutions

In designing the built environment they wanted their residential owners and guests as well as commercial tenants and visitors to experience, RioCan and Allied set out to partner with a firm that could design and deliver an innovative, technology-forward parking solution supported by professional onsite staff and ongoing service and maintenance.

The Well’s stakeholders selected Precise ͵ÅÄ͵¿ú to develop this solution thanks in large part to the expertise and experience of our in-house R&D team who are responsible for developing the integrations that let our clients offer their customers the highest levels of convenience at every step of their parking experience.

Of further value to The Well is Precise ͵ÅÄ͵¿ú’s unique ability to deliver our services entirely in-house. What this means to our clients is a more cost-effective solution that’s delivered on time — no markups from other vendors and no markups from subcontractors. And by delivering the greatest-possible value to our clients, Precise ͵ÅÄ͵¿ú empowers our clients to maximize net revenue from their parking operations.

The Results

• Skidata gated parking technology

• Skidata cashless payment

• Parkedin mobile paymentIPASS permit management

• TagMaster AVI transponders

• Daktronics space availability indicators

• ChargePoint EV chargers

• Technology service and support

• Onsite staffing and facility maintenance

• IPARC remote monitor and customer service

• Marketing services and business planning

• Secure revenue processing & financial reconciliations

• ParkSuite business intelligence tool

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MUNICIPAL PARKING MANAGEMENT SOLUTIONS

About Precise ͵ÅÄ͵¿ú

CANADA’S PARKING INDUSTRY LEADER FOR MORE THAN 30 YEARS.

When Precise ͵ÅÄ͵¿ú was founded more than 30 years ago, the company was a two-person field operation with a simple aspiration: to make a difference in the world of parking automation.

Since then, Precise ͵ÅÄ͵¿ú has grown into a nation-wide managed services and technology firm with more than 700 employees across Canada, a head office in Toronto, and 13 supporting offices across the country.

But what sets us apart from other parking operators isn’t where we are, it’s what we are: a full-service parking solutions provider. One source for all your parking-related needs.

Precise ͵ÅÄ͵¿ú manages thousands of parking lots on behalf of hundreds of property owners. We supply cutting-edge technology and services to thousands of clients in the healthcare, municipal, commercial, institutional, and private sectors.

Being a vertically integrated company puts us in a unique position. We can provide a level of management and technical integration that is best-in-class. Just ask the hundreds of clients to whom we’ve delivered cost-effective and customer-focused solutions over the years.