AUSTIN, TX, (March 6, 2019) — Parkway and FlashParking announce the parking industry’s first enterprise-wide partnership through which FlashParking has become the exclusive parking technology provider for Parkway Corporation’s owned garage portfolio. By standardizing on FlashParking’s enterprise platform, Parkway will improve customer experience through consistent operations and analytics across their portfolio. The company will leverage FlashParking’s real-time, cloud-based intelligence to help ease urban congestion in its operational markets, positioning the companies as leaders in the transition to integrated, mobility-as-a-service [MaaS] technologies and services.
Over the next six months, FlashParking’s operations team will deploy hundreds of entry/exit and pay-on-foot kiosks replacing Parkway’s current PARCS equipment from legacy providers. FlashParking’s proven direct installation model ensures that installations stay on schedule and budget – while ensuring consistent quality and standardized on-boarding processes without disrupting operations.
Within six months, Parkway’s leadership will have a 360-degree, real-time holistic view of all their owned parking assets. Access to real-time metrics—like supply, revenue, transactions, occupancy, and more—will allow them to proactively make better operational decisions on both a site and portfolio-wide level. Parkway will also capitalize on FlashParking’s future-ready system that can expand and support new capabilities as technology and customer demands evolve. Parkway’s customers will experience a high-quality, frictionless parking experience with FlashParking’s FlashBeacon technology.
“As a business who has the ability to influence urban mobility significantly, it was imperative for us to work with a technology partner that could help us innovate to solve the growing congestion issues facing urban populations,” said Robert Zuritsky, CEO of Parkway Corporation and incoming Board Chairman of the National Parking Association (NPA). “Partnering with FlashParking at an enterprise-level will allow cities, like our hometown of Philadelphia, to benefit from the real-time data and business intelligence that can help win the war on congestion.”
“We are leading the transition to the future of parking which is a key element in the urban mobility industry, a concept which Parkway’s CEO, Robert Zuritsky, keenly understands. Zuritsky’s strategic decision to engage in an enterprise-wide technology solution will help Parkway not only achieve significant cost-savings and efficiencies, but it will further position the company as a leader in the urban mobility landscape,” said Juan Rodriguez, CEO of FlashParking. “FlashParking and Parkway, two American companies, working together will deliver an ecosystem of future-ready mobility solutions that will evolve with technologies like driverless cars, ride-share services, and frictionless access to better serve urban communities.”
FlashParking is a leader in parking and mobility solutions that address some of the most complex transportation problems facing urban societies. FlashParking’s rapid growth is driven by a future-ready philosophy that manifests itself in a smart ecosystem of solutions, products, and integrations that work together to improve mobility. With over 1,000 deployments on its cloud-based network, FlashParking’s powerful real-time data services provide efficient, secure transactions and business intelligence for organizations of all sizes and industry spectrums. More information about FlashParking is available at http://www.flashparking.com.
About Parkway Corporation
Parkway Corporation is a real estate developer, investor, and best-in-class parking operator with deep expertise that adds undiscovered value in paid parking. For nearly 90 years Parkway Corporation has been an industry leader in combining operational excellence and innovative technology to deliver exceptional products and customer experiences. More information about the company is available at http://www.parkwaycorp.com.
Alessandra Gonzales, Carve Communications for FlashParking