High tech parking is a gamechanger for LA real estate

Hytone tower parking system
A photo of an automated parking hytone puzzle system
Automated parking puzzle system

Los Angeles remains one of the hottest real estate development markets in the country. However, this has also put a larger strain on an already prevalent parking problem. In fact, according to a recent UCLA study, 30% of traffic in Los Angeles is a result of people looking for parking in highly congested areas. The study also found that approximately 4.2 million tons of extra CO2 are released as a result.

This innovative automated approach to parking not only alleviates issues with space but also keeps up with the pace of technology in an ever-growing automated world.

What is automated parking?

For developers aiming to build in already full urban centers, automated parking is a game changer. One of its biggest benefits is that the systems require less space than that of a traditional structure. This allows developers to build more rentable square footage while maintaining adequate capacity for cars.

There are three main types of automated parking systems: Bi directional, tower automated, and puzzle. Each of these system types are developed to best fit the property layout and size.

A picture of a Bi-Directional automated parking hytone parking system
A bi-directional automated parking system for a large development property

Automated parking creates accessibility where there was none. Land that was less profitable due to space constraints is suddenly more valuable. Additionally, automated parking cuts down car retrieval time and gives patrons a streamlined parking experience. This is truly the wave of the future.

Predicting the State of Real Estate in 2020

The Code Solution is pleased to feature another guest post from our friends at The Llenrock GroupThe following post was originally published on Llenrock Blog. 

With 2016 coming to an end, it’s time to start looking at what the future of real estate holds. Thankfully, PWC has done a lot of the work for us. In a recent report, PWC detailed what can be expected in the real estate market of 2020, with our own spin of course!

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Multifamily: A Rise in Rents and Micro Apartments

The Code Solution is excited to announce our first guest post from our friends at The Llenrock Group! The following post was originally published on Llenrock Blog. 

If you’ve heard anything about housing trends, you know that multi-family developments are on the rise. And the American dream seems like just that – a dream. More residents are renting rather than buying. There’s also been a huge influx of “micro” apartments. What does that mean for you? If you’re in the market to rent (or buy), you’ll want to read on!

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