Precise ͵͵ Awarded Managed Parking Service And Technology Provider For Leaside Centre

Wednesday, April 14th, 2021

For immediate release.

Leaside Centre RioCan REIT Rendering

Precise ͵͵ is proud to announce that we have been awarded as managed parking service and technology providers for Leaside Centre. Located in Toronto, ON, the Leaside Centre is an industrial landmark in the heart of the city that has seen significant redevelopment to meet the community's growing needs. It will soon transform into a gateway for the surrounding area and will offer commercial, residential, retail, civic and green spaces for all to enjoy.

Managed by , the Centre has been under redevelopment since 2016, with expected completion in 2025. Over the past five years, Leaside has faced a series of challenges relating to its existing parking infrastructure. As they experienced a significant influx of external contractors and non-retail customers utilizing their parking, the amount of parking available for internal contractors and anticipated retail customers was reduced.

That is where Precise ͵͵ came in. On April 1st, 2021, Precise ͵͵ successfully deployed a parking program that allows the Leaside Centre to offer a seamless parking experience for retail customers and staff.

Paid customer parking using Parkedin, a mobile payment platform, is now enforced, ensuring parking is available for staff and customers to the Leaside Centre. In addition to parking enforcement services, Precise ͵͵ created a customized validation program designed to provide three hours of complimentary parking. Their parking program also includes Precise ͵͵’s Interactive Parking Access Subscriber System (IPASS) and Validation Parking Access Subscriber System (VPASS) that allows staff to register for parking on a daily or monthly basis through license plate recognition software.

Bosco Tse, Client Relations Manager at Precise ͵͵, states, "The Leaside Centre has faced a series of challenges with their existing parking infrastructure during the redevelopment of the building. Providing a fully customized parking program has allowed them to maximize parking, thus increasing revenue. As a trusted management and technology provider for several RioCan properties, we are committed to supporting their endeavours to achieve their customer- and staff-focused needs every step of the way.”

Yuriy Koval, Director of Procurement at RioCan states “ Precise ͵͵'s years of reliable experience in the commercial parking industry is why we have chosen them as our parking provider for many of the properties we manage, including the Leaside Centre. Their ability to implement a parking solution that meets the unique needs of our sites is what sets them apart as a leading parking provider. We are now confident that the Leaside Centre can deliver a seamless parking experience for both customers, tenants and visitors.“

Precise ͵͵ is working diligently to ensure a seamless transition to the new parking program at Leaside Centre. We look forward to working with RioCan REIT and continuing to provide a visitor and staff-focused parking solution for many years to come.

For more information, contact:

Maria Lato
Marketing Manager
Precise ͵͵ Inc.
416.398.4052 ext. 512
mlato@precisebi.com

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