Clients in the News: According to the Wall Street Journal, global automotive sales reached a record-breaking 90 million in 2017, a 2.7 percent growth since 2016. The increase in sales numbers are being driven by several factors, including rising populations, lower unemployment numbers and a wider array of car options that suit every budget.
Although this increase is significantly benefiting the automotive industry, it is causing a dilemma for building developers: even with the advent of autonomous vehicles and recent parking zoning changes. With more cars on the road, developers now need to provide ample parking to accommodate them on top of tight budget constraints and already limited building footprints, particularly in congested cities. Firms who are struggling with parking in their developments might want to begin to consider a smarter, more innovative solution – automation. Automated parking garages offer developers several benefits over traditional garages, including improved space utilization, reduced costs, lessened environmental impact and a luxurious user experience.