Yorkdale Shopping Centre
The Client
has revolutionized retail in Toronto. As a leading shopping destination with a diverse mix of more than 270 shops and services, shoppers from throughout the Greater Toronto Area worldwide look to Yorkdale for an exceptional selection of the world's best fashion, technology and luxury brands. Recent expansions now bring Yorkdale to nearly 2 million square feet, and the centre continues to serve as a platform for new and innovative brands. Yorkdale is co-owned by Oxford Properties and Alberta Investment Management Corporation (AIMCo) and managed by Oxford Properties Group, Canada's leading real estate investment, development and management organization.
The Challenge
Until the mid-2000s, Yorkdale did not operate a paid parking system. Being connected to the Yorkdale subway station – the main artery for Toronto transportation – the free parking system was an incentive for commuters, making it difficult for shoppers to locate available parking.
Yorkdale's recent expansions to nearly 20 million square feet have made it an even larger global attraction. The challenge? How to welcome all motorists (both commuters and visitors) with available parking while offering some paid and some complimentary.
The Solutions
In 2014, Oxford Properties chose to partner with Precise ͵ÅÄ͵¿ú to transcend the luxurious Yorkdale experience to their multi-level parking garages. They decided to invest in gated parking technology in all four of their parking garages, choosing to configure the system to provide 5 hours of complimentary parking. This was to maintain an elevated shopping experience while ensuring that TTC commuters paid for parking.
It also gave TTC commuters the option to register for a monthly parking permit, providing them access to a designated TTC parking garage.
The Result
Yorkdale’s parking expansion is state-of-the-art and ensures each visitor's first impression matches its premium brand. Finding parking at Yorkdale is now a breeze, with user-friendly parking equipment.
Skidata gated parking system
Maintenance and technical service
Signage
Financial revenue processing
Park Assist guidance system
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COMMERCIAL 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.