EV Charging
EV Charging Is Imperative for Parking Operators
The electric vehicle (EV) revolution is reshaping transportation, and as owners and operators of parking facilities, you’re at the forefront of this transformation. The increasing adoption of EVs presents both a challenge and an opportunity. Drivers expect convenient and reliable charging options, and your ability to meet this demand will be crucial for attracting and serving customers.
XLR8 America: A Comprehensive Solution to Maximize Investment Value, and Enhance Customer Experience
As a result of quick moving opportunistic onslaught of Electric Vehicles where XLR8 is a leading provider of hardware and outstanding in Customer Experience, Alan Kahn has joined XLR8 America, a comprehensive EV charging and solutions provider.
As the President of Emerging Markets, Mr. Kahn understands the unique needs of parking owners and operators and he will also explore opportunities in other markets not yet explored. XLR8 America haves developed a full-service EV charging solution that goes beyond simply providing charging stations. We partner with our clients to create a seamless and profitable charging experience for the tenants and their customers.
- Cost-Effectiveness: XLR8 America offers a unique financing model that includes government grant funding support and revenue-sharing, minimizing upfront costs and maximizing your return on investment.
- Advanced Technology: Our solutions feature cutting-edge solid-state digital breaker technology, ensuring safety, reliability, and efficient energy management. We will upgrade technology installations when new and improved solutions are available.
- Financial Opportunities: EV charging can open new revenue streams and attract high-value customers who are willing to pay a premium for convenient charging.
- Enhanced Safety: Built-in safety measures detect anomalies and cut off power when not in use, providing peace of mind for you and your customers.
- Efficient Energy Management: Centralized charging and dynamic energy management allow you to optimize energy usage and avoid costly infrastructure upgrades.
- Service & Reliability: XLR8 America is committed to providing high-touch, reliable customer service, ensuring that your charging stations are always up and running.
A major transition to electric vehicles is inevitable. By partnering with XLR8 America, you can position your parking operation at the forefront of this revolution. We’ll help you create a charging experience that not only meets the needs of your customers but also drives revenue and enhances your brand reputation.
Client Objectives
The RFP Process:
Technology Specification & Review for Parking
Choosing the right technology for each parking asset is critical to customer experience, operational efficiency, and revenue performance. A technology review and specification tailored for each asset can be conducted by Alan Kahn Parking Advisors for their clients. Call us today to see how we can help determine the right technology for your property and budget, which will take your parking services to the next service and sophistication level.
Example Garage Design - Double Helix
Benefits
- Considered to be the most efficient garage design
- Can park more cars in the least amount of area.
- Cars park on ramp slopes going up and down
- Cars can make 5 revolutions to the top while ascending 10 floors
Downside
- Patrons can lose track of their car since it is parked on a slope
- Helical design can be confusing for patrons
- Floor Level Signs are necessary but not always effective.
Best suited for a repeat customer in say, an office building
Signage and Graphics Messaging
Our team will create clear and concise wayfinding systems, graphics, and signage messaging to help customers navigate and have a great parking experience. We have worked on multiple projects and wayfinding systems from start to finish. Let us make your parking facilities more visible and accessible. Call us today to talk about wayfinding for your parking services.
Economic Projections & Parking Valuation
Every pay for parking operation generates revenue and operating costs. We are well versed in determining what proforma revenue and expenses should look like for a given parking asset.
Our review of P&Ls for existing operations often is an integral part of our asset management job. We can give clients the best view of determining income forecasts on future facilities as well as how facilities might compare to others. When we are involved from an asset management standpoint, we are usually involved in the budgeting process and in developing and/or approving the budget.
Clients involve us in determining a parking asset’s value by having us forecast income and expenses many years out. Our parking forecasting helps clients determine the value of the asset in the event of a sale or acquisition.
Whether you’re looking to develop, redevelop, buy or sell or just optimize value from parking assets, our evaluation and analysis will give you the answers you need to decide.
Demand & Utilization Evaluation
Every development has land uses which are measured in square footage, hotel rooms, condo rooms, hospital beds, venue seating, capacity, etc. Alan Kahn will help the owner/developer determine the required parking spaces for the development based on demand characteristics associated with each user group and incorporate shared parking factors to arrive at the size of parking facility which should be built. This is a crucial determination as there are certain requirements according to planning/zoning ordinances, and the need can be greatly adjusted when shared parking considerations are figured into the mix. With our data-driven financial forecasting and supply/demand analysis, parking requirements can be forecasted and prices optimized . Alan Kahn’s methodology will inform the developer of a space count which can have significant impact on the development costs associated with building a new garage. Make the right and informed best decisions to increase your revenue, reduce costs, and provide a convenient parking experience for your customers. Contact us today to learn how we can help you plan your parking structure for success.
Operational Review/ Facility Audits
Our Work
With 4 decades of experience, we’ve enhanced the value of some of the largest and most profitable parking facilities in North America.
