Q. How does the Green Park system operate and is it safe?
A. Green Park uses a tried and tested parking solution that
has been successfully used in cities in Europe and Asia for 15 years. Green Park is a fully-automated
parking facility, which means that no one drives or touches
your car but you. It’s as simple as 1-2-3:
1) Drive into the receiving room.
2) Get out of your vehicle and lock your doors.
3) Exit the receiving room.
The fully-automated system does the rest by moving your
vehicle to another area where your vehicle stays until you
return and are ready to leave. To see for yourself how
simple and safe it is, watch the video.
Q What if I have a question. Is there someone there to help
A. Absolutely. We have an attendant at the site 24/7 to
Q. When will it open?
A. The nation’s first Green Park facility will open in
Spring 2013 in Chicago’s Bucktown community. Many others are
planned in other urban areas throughout Chicago.
Q. What is the goal of Green Park Eco Garage?
A. Our immediate goal is to help eliminate parking issues
and make parking a pleasant experience for the nearly
100,000 residents and businesses in Wicker Park / Bucktown –
one of Chicago’s most densely populated areas for cars. The
country’s first Green Park Eco Garage is scheduled to open in
Early Spring 2013.
Q. Where will other facilities be located?
A. In addition to Bucktown, other viable Chicago communities
slated for Green Park facilities include Lakeview, Gold
Coast/Rush Street, Greek Town, Andersonville, Old Town,
Wrigley Field, U.S. Cellular Field, Lincoln Park, Loop, and
Hyde Park, among others.
Q. How “green” is Green Park?
A. Green Park Eco Garage received the second-highest ranking
from the U.S. Green Building Council (USGBC), making it the only Leadership in
Energy and Environmental Design (LEED) Gold Level
registered, fully-automatic parking garage in the nation.
USGBC ranking is as follows: 26-32 points – Certified; 33-38
points – Silver; 39-51 points – Gold; and 52-69 points –
Q. What benefits are there for investors?
A. There are numerous benefits to the Green Park concept for
investors, developers and suppliers. Here are some of the
most important ones:
No Up and Down
Drive Ramps and Spacing for Car Entry / Exit
Drive ramps, turnaround aisles, queuing lanes and space
between parked cars are a thing of the past with Green Park.
Such standard, non-revenue producing features of
conventional garages add to costs of construction,
implementation and maintenance, which generally are absorbed
as the cost of doing business. None of these features and
costs is incurred with automatic parking.
Expensive Passenger Elevators and Lobbies
One expensive component of a conventional garage is the need
for multiple passenger elevators to provide access and
egress for customers to parking levels to retrieve their
vehicles. With Green Park, there is no need for elevators,
maintenance contracts and repairs.
Customer Stairways and Landings for Access and Egress
Other expensive parts of conventional garage construction
are customer stairways and landings. Consumers do not have
access to parking levels in Green Park garages. We install
maintenance, service, and emergency stairways which cost
less than consumer versions.
No Security Devices and Customer
Emergency Call Stations
Customers only have access to the first floor receiving
room, eliminating the need for redundant security and
emergency equipment on multiple floors which further reduces
hardware and systems costs.
No Lighting and Cooling Electricity
Certified LEED lighting electrical savings for the Green
Park garage is 98%. Electrical savings for space cooling is
100%. Significant electric savings occurs because the
lighting is used once a month on parking levels for
inspection and maintenance. By comparison, lighting in a
conventional garage is often used 24 hours a day, seven days
a week. Cooling and associated equipment are not used in
Green Park garages. Receiving rooms are lighted, but not
heated. These savings reduce operating, equipment and
No Car Damage, Customer Crime and
There is no public access to parking levels. Service stairs
to parking levels are guarded by locks and intrusion alarms.
Customers are only allowed in lit and attended receiving
rooms. No one drives the car once the customer leaves the
receiving room. This results in no car damage or theft
Rapid, 7-Year Straight Line
Green Park is classified as a warehouse inventory system
machine. This allows straight line 7-year depreciation for
eligible investors, which is more favorable and much shorter
than brick and mortar depreciation over 39 years for
conventional garages. This recaptures tax advantages faster
and flows to your bottom line.
Lower Maintenance Cost and Reduced
Business Revenue Loss
Conventional concrete parking garages require resurfacing
after 5 to 7 years to repair weather damage from being open
to the cold and sun. Resurfacing requires adding new rebar
in addition to new concrete. That process effectively closes
parking for all levels being resurfaced and causes lost
income. Green Park does not have ramps and concrete flooring
for parking cars. The structure is closed to weather
elements and the parking system is made of coated,
rust-resistant steel eliminating the need for resurfacing.
Automatic parking averages 99% operation uptime.
Superior Location and Operating
Green Park can be located in landmark structures without
altering the exterior façade. These systems operate in
stand-alone parking and mixed use sites. Green Park can be
built above grade, below grade, or a mix of these positions.
Green Park also retrofits into existing conventional garages
to double or triple capacity and reduce headcount costs. The
systems operate as transient, valet or monthly parking sites
or a mix of all three modes. This flexibility
allows the developer to place these systems into many varied
environments and maintain continuity and compatibility of
the systems deployed. All of these factors represent savings
in programming, deployment, installation and a simplified
supply chain for projects. They also expand business
opportunities for Green Park systems.
Green Park garage sites can be constructed on single lots
with dimensions as small as 18’ x 100’, with capacity for
over 100 cars. This is intelligent land use and maximizes
land cost ROI. This location flexibility and small land
footprint addresses land locked site development. Green Park
systems can be installed in mixed-use building designs.
Mixed-use designs include retail, commercial, medical office
and business office spaces, or a mix of all three. This
flexibility addresses not only parking demand, it solves
under served retail and commercial services communities,
of many outstanding features of Green Park Garage is the
ability to relocate the parking system to a new location. A
new foundation, electrical, plumbing and cladding shell
would be required at the new location. Recently in Istanbul,
Turkey, a 612-car system was relocated because the existing
site became more valuable for retail and commercial
development. This type of relocation would be impossible for
a conventional parking garage.