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Thread: HSBC Place | Office | Under Construction

  1. #1
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    Default HSBC Place | Office | Under Construction

    https://www.newswire.ca/news-release...689260521.html

    Alberta Investment Management Corporation ("AIMCo") announced today its plans for the complete redevelopment of HSBC Bank Place to become Edmonton's newest "AA" class office building. Acquired on behalf of its clients in February 2017, HSBC Bank Place is located in the center of Edmonton's downtown business core, adjacent to the vibrant Ice District, and within close proximity to the city's most sought out lifestyle and business destinations.

    HSBC Bank Place, a 317,000 sq. ft. office tower in Edmonton's financial district, is undergoing a complete exterior and interior redevelopment. Once concluded, the new building will boast a triple glazed curtain wall system, floor to ceiling view glass in the office area, new mechanical and electrical systems, and a revitalized 2-storey lobby, transforming the building into a distinctive and best in class "AA" office building and bringing new life to the corner of 103rd Avenue and 101st Street. The redevelopment is targeting LEED Gold Certification, WELL Gold Certification, and to become the first office building in Western Canada to be Wired Certified.
    Preliminary work commenced in June, with the full redevelopment expected to conclude by the end of 2019.
    “You have to dream big. If we want to be a little city, we dream small. If we want to be a big city, we dream big, and this is a big idea.” - Mayor Stephen Mandel, 02/22/2012

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    Not exactly diversifying outside of Alberta so I hope AIMCo can profit off the expenditure.


    What’s Wired certified?

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    Simple, but clean and modern design.
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    Quote Originally Posted by KC View Post
    Not exactly diversifying outside of Alberta

    A statement devoid of facts. One office tower does not make a portfolio when you manage 100 billion dollars.

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    Quote Originally Posted by IanO View Post
    Simple, but clean and modern design.
    The lobby LED screens look great. Design looks top notch.

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    More pics, courtesy of Epic Investment Services



    “You have to dream big. If we want to be a little city, we dream small. If we want to be a big city, we dream big, and this is a big idea.” - Mayor Stephen Mandel, 02/22/2012

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    Very nice.
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    Definitely a fan of what they did with the parkade. That was a real carbuncle on the area.
    Edmonton is a very exciting place to be right now.

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    Lipstick on a pig for the parkade. I was hoping they would activate the street with CRUs.
    Edmonton first, everything else second.

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    too bad about removing the street front retail.

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    ^ What makes you think they're doing that?
    “You have to dream big. If we want to be a little city, we dream small. If we want to be a big city, we dream big, and this is a big idea.” - Mayor Stephen Mandel, 02/22/2012

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    Quote Originally Posted by B.ike View Post
    too bad about removing the street front retail.
    It does look rather clinical now, doesn’t it?

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    Modern and elegant.
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    Quote Originally Posted by IanO View Post
    Modern and elegant.
    I agree, I just meant the absense of retail makes it seem sort of sterile. But now I see that there might actual be retail bays still.

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    I would not let this development pass unless they activated the street where the parking garage is, there is no excuse for not doing so.
    Edmonton first, everything else second.

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    It already started
    “You have to dream big. If we want to be a little city, we dream small. If we want to be a big city, we dream big, and this is a big idea.” - Mayor Stephen Mandel, 02/22/2012

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    Look at all the room available within that garage, there is no reason why they could not spend a little extra money to create a CRU in that spot.


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    100% disagree.

    CRUs do not a parkade make*
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    100% disagree with you on this. There is enough space to build a building within.
    Edmonton first, everything else second.

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    If anything, we need more focus on retail spaces that make sense, this does not.
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    Then where do you suggest one start? Eaton Centre parkade? That parkade is more difficult to deal with. Even Jane Jacobs would be disagreeing with you...
    Edmonton first, everything else second.

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    We are going to start loosing our character for blue glass.

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    Quote Originally Posted by Sonic Death Monkey View Post
    More pics, courtesy of Epic Investment Services



    Maybe it is just not evident from the picture, but those people sitting at the tables under the umbrella's (on the north side of the building I think - that could be chilly for most of the year) seem to be a long ways from any restaurant, bar or coffee shop so I wonder how realistic it is. However, maybe this is the trend now in development pictures - plop in a few tables of people, I think for years it was big trees. The building itself does look nice in the picture, but I agree it would be better with some outward facing retail.

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    I love the walk along 103 avenue now. What a mess for pedestrians.

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    The biggest wins here, in my opinion, are the elimination of those hideous glass awnings,



    and the facelift of the parkade, especially considering its proximity to other certain developments...


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    Significant improvement.
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    Quote Originally Posted by edmonton daily photo View Post
    We are going to start loosing our character for blue glass.
    My guess is that this is actually clear glazing with a light grey spandrel.
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    Really nice! Too bad we can't just replace the adjacent parking tower yet though.
    Last edited by Aaron_Lloyd; 29-07-2018 at 01:43 PM.

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    Quote Originally Posted by edmonton daily photo View Post
    We are going to start loosing our character for blue glass.
    Uh the building is already blue glass?

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    Quote Originally Posted by Aaron_Lloyd View Post
    Really nice! Too bad we can't just replace the adjacent parking tower yet though.
    I would like to see that transformed as well, but we are not there yet; we are not there for the amount of retail everyone is suggesting either. Organically, we are 15 to 20 years from the amount of retail bays suggested. What is most important at this stage for downtown is to have a clean and fluid connectivity, and that should be focused for the next 10 years. It is poignant to build with retail in mind for the future, but having retail here at this stage is not dire imo. Thus reno will definitely meet that" clean and fluid" agenda.
    " The strength of a man is in the stride he walks."

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    I think the HSBC will look great.
    "Talk minus action equals zero." - Joe Keithley, D. O. A.

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    Quote Originally Posted by edmonton daily photo View Post
    But did it start out that way?
    Definitely not. The back to back recession starting in the early 80s started that parade... It doesnt matter how it started; it is more important to recognize that downtown was completely undeveloped and neglected for 3 decades. We have to be reasonable with expectations and how growth occurs. Logic would answer all the questions or doubts; would people who are into retail rentals not be able to recognize a simple pot of gold if warranted? What they're doing is a right course of action; From that render, this will be great; from renders to reality, it will most likely be greater, and it will do that street wonders. We have fallen and recovered from a major injury, so it will take some time before we see great turns.
    " The strength of a man is in the stride he walks."

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    Quote Originally Posted by ctzn-Ed View Post
    Quote Originally Posted by edmonton daily photo View Post
    But did it start out that way?
    Definitely not. The back to back recession starting in the early 80s started that parade... It doesnt matter how it started; it is more important to recognize that downtown was completely undeveloped and neglected for 3 decades. We have to be reasonable with expectations and how growth occurs. Logic would answer all the questions or doubts; would people who are into retail rentals not be able to recognize a simple pot of gold if warranted? What they're doing is a right course of action; From that render, this will be great; from renders to reality, it will most likely be greater, and it will do that street wonders. We have fallen and recovered from a major injury, so it will take some time before we see great turns.
    Sorry ctzn I was referring to the glass, but your points are well made!

  35. #35

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    Quote Originally Posted by IanO View Post
    100% disagree.

    CRUs do not a parkade make*
    Actually ground level CRUs can work quite well in older parking structures https://www.google.com/maps/@51.9210...7i13312!8i6656

    I'm not sure if they would work here or not, but Edmonton designers and architects need to be more creative with getting more life on the street and retrofitting some of the massive parking structures in the city with ground level CRUs is something that should be pursued.

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    ^I mean we already have this here in Edmonton:
    https://goo.gl/maps/nXihVLPnWGB2

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    ^^Certainly they 'can', but should they? In this case I am sure they could from a functional perspective and just like any other city, we have strips that are less active than others. Let's focus on ensuring 103st, 104st, 101st are fantastic streets to discover.
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    Let's focus on ensuring that all downtown streets are fantastic streets to discover.
    “You have to dream big. If we want to be a little city, we dream small. If we want to be a big city, we dream big, and this is a big idea.” - Mayor Stephen Mandel, 02/22/2012

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    Don't misconstrue the above for we do need to focus on ALL Downtown streets/avenues to ensure that they are active, interesting, beautiful, safe, but the reality is that just like every other city, we must prioritize and focus efforts. The new northward orientated 'cafe' and patio along with the landscaping and parkade updates should make that block more presentable and functional.

    I would love to see some artistic/complimentary lighting to invite people to 101st.
    Last edited by IanO; 30-07-2018 at 09:26 AM.
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    Quote Originally Posted by IanO View Post
    Don't misconstrue the above for we do need to focus on ALL Downtown streets/avenues to ensure that they are active, interesting, beautiful, safe, but the reality is that just like every other city, we must prioritize and focus efforts. The new northward orientated 'cafe' and patio along with the landscaping and parkade updates should make that block more presentable and functional.

    I would love to see some artistic/complimentary lighting to invite people to 101st.
    A one-off? I hope not. The core needs to look cohesive not pander to different streetscapes, street lights, signage because some idea pops into someones head. As is the City can't seem to even finish Jasper Avenue.

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    Quote Originally Posted by IanO View Post
    ^^Certainly they 'can', but should they? In this case I am sure they could from a functional perspective and just like any other city, we have strips that are less active than others. Let's focus on ensuring 103st, 104st, 101st are fantastic streets to discover.
    Interesting that you leave 102 street out of your list. Got to ensure that DynaLife stays downtown and keeps 102 street as a bleak, featureless wasteland.

  42. #42

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    Quote Originally Posted by IanO View Post
    Don't misconstrue the above for we do need to focus on ALL Downtown streets/avenues to ensure that they are active, interesting, beautiful, safe, but the reality is that just like every other city, we must prioritize and focus efforts. The new northward orientated 'cafe' and patio along with the landscaping and parkade updates should make that block more presentable and functional.

    I would love to see some artistic/complimentary lighting to invite people to 101st.
    "Hey, let's go to 101 street. I hear they have artistic lighting there."

    "What else? I feel like a nosh"

    "No, just the lighting. That's what people really want. Why do you hate downtown?"

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    Quote Originally Posted by AAAAE View Post
    Quote Originally Posted by KC View Post
    Not exactly diversifying outside of Alberta

    A statement devoid of facts. One office tower does not make a portfolio when you manage 100 billion dollars.
    I understand allocations. Nonetheless, these committed dollars will not be free from the risks native to Alberta. It was an observation. Devoid of facts? Mostly yes. Also, in the past I have seen their Alberta based investments as wise moves. Nonetheless, there can be uncertainty involved in ‘re-investing’ in Alberta (assuming this is a re-investment).
    Last edited by KC; 30-07-2018 at 10:41 AM.

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    great reno, is going to look very nice

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    Quote Originally Posted by kkozoriz View Post
    Quote Originally Posted by IanO View Post
    ^^Certainly they 'can', but should they? In this case I am sure they could from a functional perspective and just like any other city, we have strips that are less active than others. Let's focus on ensuring 103st, 104st, 101st are fantastic streets to discover.
    Interesting that you leave 102 street out of your list. Got to ensure that DynaLife stays downtown and keeps 102 street as a bleak, featureless wasteland.
    102 will be reborn... just might take a little while longer.
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    Not as long ans the Manulife 2 podium and Commerce Place turn their backs on it. 102 North of ECC is pretty much dead as well as the Arena District basically turns its back on the rest of downtown to look inwards to the plaza. 102 street, minimal connection, 103 street now private, 103 ave minimal connection, 104 ave minimal connection.

    But the height is sure something, isn't it?

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    Quote Originally Posted by Mr.D View Post
    Quote Originally Posted by IanO View Post
    100% disagree.

    CRUs do not a parkade make*
    Actually ground level CRUs can work quite well in older parking structures https://www.google.com/maps/@51.9210...7i13312!8i6656

    I'm not sure if they would work here or not, but Edmonton designers and architects need to be more creative with getting more life on the street and retrofitting some of the massive parking structures in the city with ground level CRUs is something that should be pursued.
    Exactly, every parking garage should have something that activates the street. As for the HSBC parkade, due to its location a restaurant or cafe with patio might not be the best use for that spot. It is a great spot for a nightclub, dry cleaners, registry, print shop, tailors, accounting office, clinic etc.
    Edmonton first, everything else second.

  48. #48

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    Sure everything should have CRU's, do you actually walk around and see how many are available for lease currently? Is a vancant block of CRU's really that appealing compared to a properly screened/designed parkade at street level? Not everything is feasible to be perfect...

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    I stated long ago that too many empty commercial space will do harm. ID retail is on the way as well.
    " The strength of a man is in the stride he walks."

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    No more harm than what is already there now. Besides, if CRUs are vacant then the landlord is probably asking for too much. Don't forget that the ice district is right beside, the potential for success is better than before.
    Edmonton first, everything else second.

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    I disagree. Walking by a well connected and dressed street Is better than walking by a vacant store front which i have seen plenty of in the 90s. How quickly do you forget. Too many empty store fronts signal poor economy which is not a good presentation for potential business development.
    " The strength of a man is in the stride he walks."

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    The only retail CRUs I want to be there are just the ones that were there before lol. The Starbucks, the Mucho Burrito, etc.

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    Quote Originally Posted by Seandroid View Post
    The only retail CRUs I want to be there are just the ones that were there before lol. The Starbucks, the Mucho Burrito, etc.
    because it's so hard to find a starbucks or a mucho burrito etc.?
    "If you did not want much, there was plenty." Harper Lee

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    The nearest Mucho is at Jasper/109 St
    “You have to dream big. If we want to be a little city, we dream small. If we want to be a big city, we dream big, and this is a big idea.” - Mayor Stephen Mandel, 02/22/2012

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    I like what they will do with the parkade. I hope they also add sensors to keep track of where there are empty parking spots.

    As for the main building it looks nice and I hope they can maintain some CRU's at street level. A restaurant of some sort to service those tables in the render would be nice.

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    Quote Originally Posted by Edmcowboy11 View Post
    I like what they will do with the parkade. I hope they also add sensors to keep track of where there are empty parking spots.

    As for the main building it looks nice and I hope they can maintain some CRU's at street level. A restaurant of some sort to service those tables in the render would be nice.
    i dont know of one parkade that has kept those sensors after a few years..

    southgate is a prime example

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    Quote Originally Posted by S3RI3S View Post
    Quote Originally Posted by Edmcowboy11 View Post
    I like what they will do with the parkade. I hope they also add sensors to keep track of where there are empty parking spots.

    As for the main building it looks nice and I hope they can maintain some CRU's at street level. A restaurant of some sort to service those tables in the render would be nice.
    i dont know of one parkade that has kept those sensors after a few years..

    southgate is a prime example
    the systems are expensive both to install and to operate and maintain properly. more than that, all of the new cars being manufactured are making them quickly redundant. virtually every car with backup and surround camera sensors has the ability to stream data back to the manufacturer. combine that with the vehicles gps and every car entering or leaving a parkade can stream the same metadata as the dedicated systems can monitor. all the parking lot owner has to do is subscribe to the metadata for their parkade and voila...

    as far as i know consent is pretty much provided when you start the car and as far as i know it's virtually impossible to opt out of. the conditions of use etc. are buried even further than those in a windows upgrade installation consent agreement and we all know how often we read those.

    while the parkade owners may need to provide "repeater" cellular or satellite access at each parkade level, even that's not necessarily needed if the data is simply stored and streamed when the car reconnects on exit (which simply means the data many not be quite as instantaneously/completely accurate although even having one of the security staff do their 1/2 sweeps in a smart car rather than walking would probably provide frequent enough updates).
    "If you did not want much, there was plenty." Harper Lee

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    These systems are amazing and well used across the globe. I am amazed that we are 'just now' getting these for I recall being in Geneva in 95' and almost all of the main Downtown parkades were using these.
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    How is this difficult? Count the vehicles coming in when they take a ticket, count vehicles going out when the arm swings up to let them out. LA parking garages do this.

    Why is there a need to map empty stalls?
    I am in no way entitled to your opinion...

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    Mapping the empty stalls does lessen the number of people crawling thru a parkade at a snail’s pace, worried they’ll miss an empty stall - so it moves vehicles thru much more efficiently at busy times once they catch on to drive at a reasonable speed watching for a green light.

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    And if you’ve ever had to follow one of those timid snails, you know what I mean !

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    Quote Originally Posted by kcantor View Post
    Quote Originally Posted by S3RI3S View Post
    Quote Originally Posted by Edmcowboy11 View Post
    I like what they will do with the parkade. I hope they also add sensors to keep track of where there are empty parking spots.

    As for the main building it looks nice and I hope they can maintain some CRU's at street level. A restaurant of some sort to service those tables in the render would be nice.
    i dont know of one parkade that has kept those sensors after a few years..

    southgate is a prime example
    the systems are expensive both to install and to operate and maintain properly. more than that, all of the new cars being manufactured are making them quickly redundant. virtually every car with backup and surround camera sensors has the ability to stream data back to the manufacturer. combine that with the vehicles gps and every car entering or leaving a parkade can stream the same metadata as the dedicated systems can monitor. all the parking lot owner has to do is subscribe to the metadata for their parkade and voila...

    as far as i know consent is pretty much provided when you start the car and as far as i know it's virtually impossible to opt out of. the conditions of use etc. are buried even further than those in a windows upgrade installation consent agreement and we all know how often we read those.

    while the parkade owners may need to provide "repeater" cellular or satellite access at each parkade level, even that's not necessarily needed if the data is simply stored and streamed when the car reconnects on exit (which simply means the data many not be quite as instantaneously/completely accurate although even having one of the security staff do their 1/2 sweeps in a smart car rather than walking would probably provide frequent enough updates).
    Johnny BMW is gonna be in for a surprise his car is telling him where to go in a parkade, only to roll up and see my 17 year old, 19 foot long, pickup truck in his spot!
    There was no need to change that plaque. We are the City of Champions.

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    Quote Originally Posted by Spudly View Post
    How is this difficult? Count the vehicles coming in when they take a ticket, count vehicles going out when the arm swings up to let them out. LA parking garages do this.

    Why is there a need to map empty stalls?
    In a big parking lot and when its super busy, you'll be wishing an LED map of empty stalls. I've seen them in person where individual stalls have a RED/GREEN LED light to indicate if it theres a car or not. It's so cool and so practical that I honestly think it increases your quality of life exponentially

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    LED signal for stall occupancy would be great! But I don't see in that the need for a map and the expense of all the interconnects required vs its low practical utility.
    I am in no way entitled to your opinion...

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    Quote Originally Posted by Big Bird View Post
    Mapping the empty stalls does lessen the number of people crawling thru a parkade at a snail’s pace, worried they’ll miss an empty stall - so it moves vehicles thru much more efficiently at busy times once they catch on to drive at a reasonable speed watching for a green light.
    Quote Originally Posted by Big Bird View Post
    And if you’ve ever had to follow one of those timid snails, you know what I mean !
    Quote Originally Posted by nosepass2 View Post
    Quote Originally Posted by Spudly View Post
    How is this difficult? Count the vehicles coming in when they take a ticket, count vehicles going out when the arm swings up to let them out. LA parking garages do this.

    Why is there a need to map empty stalls?
    In a big parking lot and when its super busy, you'll be wishing an LED map of empty stalls. I've seen them in person where individual stalls have a RED/GREEN LED light to indicate if it theres a car or not. It's so cool and so practical that I honestly think it increases your quality of life exponentially
    This (RED/GREEN light) is the style of empty stall "mapping" that I'm thinking of - many parkades in Calgary have it and it saves a lot of time & frustration.

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    My experience with this system is it encourages speeding. You see a green light at the other end and you race for it.
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    Quote Originally Posted by Glenco View Post
    My experience with this system is it encourages speeding. You see a green light at the other end and you race for it.
    Well, it's an old story... you can't legislate common sense BUT, with most parkades there is generally a pretty "one way" flow of incoming traffic looking for empty stalls so there isn't much need to speed toward a green light if you are the first in the convoy.

    I think the red-green calms things down because you're not worried about missing that elusive space.

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