News

Parkway Corp., FlashParking team up to reduce traffic, parking congestion

March 7, 2019

FlashParking and Parkway Corporation are partnering on an effort to help garage operators and transit municipalities — via future-ready parking and mobility solutions — ease congestion and improve traffic scenarios.

FlashParking is the exclusive parking tech provider for Parkway's owned garage portfolio and said standardizing on the vendor's enterprise platform will boost customer experience through consistent operations and analytics, according to a press release.

Parkway will leverage FlashParking's real-time, cloud-based intelligence to ease urban congestion in its operational markets and, over the next six months, plans to deploy hundreds of entry/exit and pay-on-foot kiosks that will replace PARCS equipment.

Access to real-time metrics — like supply, revenue, transactions, occupancy, and more — will allow better operational decisions on both a site- and portfolio-wide level, according to the release.

"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, in the release. "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."