Smart Parking acquires LPS (Local Parking Security Ltd)
Smart Parking, the leading provider of parking technology and services, has today announced the acquisition of LPS (Local Parking Security) and expands its market position in the UK.
Doma Group is a Canberra based property development firm that has been a heavyweight in the Australian property industry for over 46 years. Focusing mainly on the Australian Capital Territory (ACT), they operate in all sectors including multi-unit residential apartments, commercial office, hotels, retail and car parks.
Smart Parking were awarded the contract to provide car park monitoring systems in a new development that encompasses apartments, restaurants, shops, a childcare facility and an office building to house ACT public servants, as well as a zone of shops and cafes.
The northern block comprises of 2 buildings that contain 249 apartments, ground-floor shops and restaurants and a medical centre, and Smart Parking has recently installed over 350 overhead indicator (OHI) vehicle detection sensors in the multi deck off street car park.
The OHI sensors monitor individual bay occupancy, and are fitted with LED lights that make finding a car park simple – the LEDs turn red when the bay is occupied, and green when the bay is free. This allows motorists to see at a glance if there is an available car park down each aisle.
As well as being guided by the OHIs, Smart Parking has also installed a range of variable message signs. The signs display real-time space availability and direction to available bays, meaning traffic flow and space is optimised within the car park.
Linking the system together is our SmartCloud management platform. This cloud based digital platform gives visibility of the entire car park site, and can provide real-time insights into capacity, traffic flow, occupancy levels and trends. Reports can be generated on almost any parameter, on a macro or micro scale.
General Manager - Australia | Smart Parking
Smart Parking, the leading provider of parking technology and services, has today announced the acquisition of LPS (Local Parking Security) and expands its market position in the UK.
Smart Parking, the leading provider of parking technology and services, is continuing its growth trajectory by expanding its operations into Denmark.
Smart Parking are delighted with our progress in FY23, delivering record results in a challenging macro environment, and are looking forward to delivering continued growth and strong results in FY24.