The Plaza Coral Gables Selects Park Assist's Parking Guidance System

Park Assist® has been awarded the Parking Guidance System (PGS) contract for The Plaza Coral Gables. Owned by Agave Ponce and developed by Coastal Tishman, this site is a newly constructed 2.1 million-square-foot mixed-use development based in the heart of Coral Gables. The site will be comprised of office, residential, retail, and hotel spaces. This will be the largest mixed-use development in Coral Gables, FL, intended to galvanize the community upon its completion in 2022. Park Assist’s camera-based M4 smart-sensor system will help The Plaza maximize each garage’s efficiency while delivering an unparalleled customer experience as guests arrive at this new destination.

As a mixed-use development, the client will have several different user groups utilizing the parking facilities. Eager to facilitate a smooth parking experience for all guests, Agave Ponce and Coastal Tishman chose to implement Park Assist's M4 smart-sensor technology. In addition to the M4 PGS, the garages at The Plaza Coral Gables will also include Park Assist’s digital wayfinding signage and its Park Surveillance™ software add-on.

As visitors arrive at the garage, exterior and entry wayfinding digital signage show real-time vacancy counts informing parkers which facility or parking level has available space. After entering, interior wayfinding signage and directional in-aisle pointers provide follow up parking guidance, helping them make on-the-spot decisions within a chosen level.

Park Assist’s state-of-the-art PGS will then be used to help quickly and effortlessly guide visitors to available parking spaces. The patented, camera-based technology directs visitors to vacancies using color-coded smart-sensors. Turning from red to green when spaces become available, this PGS removes uncertainty from the parking journey, saving visitors time searching for open bays, ensuring a smooth flow of traffic even during peak periods, and allowing guests to reach their destination sooner.

In addition to the M4 camera-based PGS, Park Assist’s exclusive software extension, Park Surveillance, will also be included in the installation. This module enables the M4 sensors to capture streaming video of the facility. With unobstructed views of each space and the area in between vehicles, the M4 sensors can successfully capture all activity in the garage, deterring criminal behaviors and intrusions from unwelcome visitors while helping to protect owners and management against any fraudulent claims of theft or vandalism.

“We are thrilled to be working with Coastal Tishman and Agave Ponce for this exciting new project. The Plaza Coral Gables is slated to be the largest mixed-use project in Coral Gables, FL with various amenities and services available for the community. Park Assist will be able to provide an exceptional customer experience between the different user groups and help make the parking experience seamless.” Said Thomas Alexander, National Channel Manager.

Working with Agave Ponce and Coastal Tishman, site construction is occurring in three distinct phases. Work has already begun on the first phase, the North Parcel, and the second phase of work for the Central Parcel will begin in Q1 of 2021.

About Park Assist 

Park Assist® is the parking industry’s leading camera-focused innovator with the most camera-based parking guidance installations in the world. Our patented technology helps customers effortlessly find parking spaces in real-time as well as find their cars when they return. Simultaneously, we provide parking operators with tools to improve customer satisfaction, create new revenue opportunities, realize greater operational control, capture parker analytics, and expand CCTV capabilities. Park Assist is part of the TKH Group (Euronext: TWEKA), a $1.8 billion publicly-traded company headquartered in the Netherlands. For more information, visit www.parkassist.com.