Recent Projects

Asset Valuation, Reporting & Tech Roadmap
Macquaire Bank Skycity Casino Project

Scenario

• Casino held a portfolio of premium parking assets in an inner city capital

• Recognising this as non-core, they offered the asset for sale under a concession arrangement

Challenge

• CKC was brought into the assess the quality of the assets, the quality of the operations and the potential

Outcome

• Bidding was successful in the transaction for $220 million for a greater than 30 year agreement

• CKC formed and delivered the specialized reporting required by the concession agreement

• CKC identified areas of significant leakage and technology risk, increasing yields significant above forecast

Technology and Contract Strategy
Festival Square Entertainment Development

Scenario

• Property Owner recognised the deficiencies in the car park technology designed by its former consultant as
inadequate for the scale and complexity of the project.

Challenge

• Fix the technology design and then value the revenue potential of the parking asset to determine a sell/hold

• Develop a launch strategy and partnership arrangement for the 3 venture partners

Outcomes

• Solved the technology design issues, value engineered the design and added future proofing technology

• Provided the profiting sharing framework for reporting revenue from 3 virtual car parks

• Bid out the parking operations , access control and parking guidance, quality assured the implementations

Outsourced Management and Technology
Brisbane International Cruise Terminal, QLD

Scenario

• Be ready for the first Cruise ships to arrive and local political dignitaries opening of the site at a hard date.

• Appointed very late in the program, to select and implement both a Parking technology and Operator

Challenge

• Deliver contracts with the right solution providers within a month (yes you read that right)

• All during COVID-19

Outcome

• We got it done and installed, however all Cruising stopped two days after we finished!

New Construction Parking Technology Design
Metro Hospital and Health Service x 4

Scenario

• With Healthcare funding increased, major expansions of onsite car parking supply are being delivered

• As a specialist Parking consultancy, CKC has been active across multiple hospital portfolios to automate the management of significant traffic flows, to design solutions that elegantly manage loads and occupancy.

Challenge

• Each location has legacy car parks, systems and the need to continue to function without interruption

• Manage staff parking rights and payment, rosters and credentialing between facilities, event management, reporting support and the maintenance of legacy networks and systems.

Outcome

• Develop a blueprint for current and future car parks, including reworking existing assets to find more capacity

• Introduce professional management practices to make the self-servicing of staff practical

• Integrating the new construction supply and wayfinding within the healthcare precinct, improving speed to park

• From designing the whole way through the lifecycle to acceptance of the integrated parking designs

Smart Parking and Offstreet Technology Upgrade
Waverley Council

Scenario

• A long-term client of CKC for more than 8 years, CKC has developed and delivered their parking roadmap

• Parking systems City-wide are blending, visitors and permit holders don’t distinguish between on and off street

Challenge

• Each technology element has a different lifecycle, and as these assets are converted into as a service solutions they need to integrated into the existing and future ecosystem requirements.

Outcome

• CKC has delivered Ticketless and Frictionless Smart Parking solutions city-wide - reducing operation’s overheads

• Introduced LPR Enforcement, Bay Sensors & Digital Wayfinding, Single-space Parking Guidance & Pay by Phone

Insourcing Operations and Project Management
Charter Hall REIT Portfolio

Scenario

• During COVID-19 the 5 inner city Sydney location’s were not generating lease revenue

• Two locations had equipment at the end of it service life

Challenge

• Multiple technology platforms, multiple tenancy requirements, different technology lifecycles and external operation’s contracts.

• All of a sudden parking become an instrument to increase the return of the retail asset and maintain tenancies

Outcome

• Developed their a blueprint for current and future car parks upgrades across their 100+ property portfolio

• Unpicked the complexities of their existing contractual arrangements and form bespoke a scope of works for each package required

• Set them on a course to self-operate and deploy on wholly Cloud Architecture

• Achieved competitive bids for their works at >50% less than initial supplier budgets and estimates!

Smart Parking Integration and Implementation
City Of Ryde

Scenario

• One of ten current City customers who are adopting new ways to manage their paid parking

• Seeking operating efficiencies by removing cash and tickets from the ecosystem

Challenge

• Its not often that City’s are out of contract with all elements of their smart parking environment

• Multi-component integration using a head contractor’s platform and tying in multiple subcontractor technologies is never easy, particularly if your looking for a long-term partner of up to 10 years

Outcome

• Formed the technical and contractual arrangements to support long-term success

• Coached stakeholders on the complexities and protected their interests, significantly accelerating the project

• Will deliver the project under budget and within the desire timeframe across a 3 year roll-out program

Parking Outsourcing and Technology Upgrades
Emerald and Gladstone Airports

Scenario

• With their parking systems at the end of their operating lives, both Airports needed assistance to upgrade

• The upgrades were undertaken with other projects, new construction, terminal refit and security upgrades

Challenge

• Both customers wanted to reduce the use of cash, improve wayfinding, introduce LPR, guarantee uptime and remove on ground staff supporting the systems (their own resources)

Outcome

• Delivered new parking systems , each locked up to performance level arrangements

• Lead the upgrade of the parking, building access and security system programs

• Removed the requirement for the Airports to manage an level 1 system support requirements

• Reduced their future operation expenditure significantly and their upgrade capital cost by 20%

• The assets are easier to use, avoid leakage issues and therefore are capturing much more revenue.