Precise ParkLink Awarded Parking Technology and Management Provider for The Well

For immediate release.

Thursday, November 17th, 2022

Precise ParkLink is proud to announce that we have been selected as the managed parking service and technology provider for Toronto's most anticipated mixed-use development, The Well. The Well is one of the most ambitious mixed-used endeavours in Canada. It unites the vision and unique specialties of partners RioCan REIT and Allied REIT.

Perfectly situated at Front and Spadina, in Toronto, ON, the 7.8-acre site comprises 320,000 square feet of reimagined retail and food service concepts, 1,700 residential units spread throughout six residential rental and condominium buildings, and 1.2 million square feet of distinctive office space. As an extension of the highly desirable King West neighbourhood, The Well has been designed as a destination that will draw traffic from neighbouring communities and beyond, in addition to its residents and office workers.

Precise ParkLink’s parking program at The Well offers an efficient parking experience for visitors and tenants, 24/7. The Well's parking program comprises Skidata gated parking technology with interactive pay stations; mobile payments and reservations through Parkedin™; wayfinding signage and level counters, and monthly permits for tenants. Immediate technical support and virtual customer service is also offered through Precise ParkLink's live central monitoring facility IPARC™.

Louie Venir, Account Executive at Precise ParkLink, states, “The program we have devised for The Well consists of best-in-class solutions that will allow them to maximize occupancy levels and create a one-of-a-kind customer experience. As the trusted national management and technology partner for RioCan properties, we are committed to supporting - their visitor- and tenant-focused needs every step of the way."

Precise ParkLink is working diligently to ensure a seamless transition to the new parking program at The Well. We look forward to working with RioCan REIT and continuing to provide their portfolio with visitor and tenant-focused parking solutions for many years to come.

 

For more information, contact:

Maria Fiorini

Marketing & Communications Manager

Precise ParkLink Inc.

416.398.4052 ext. 512

mfiorini@precisebi.com

Anita Esufali

Procurement Coordinator

RioCan REIT

437.329.7109

aesufali@riocan.com

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