15
The Banks Partners with TKH Security for Advanced Parking Solution
Cheshire, CT – February 15, 2024 – TKH Security (formerly Park Assist) is proud to announce our collaboration with Hamilton County at The Banks in Cincinnati, Ohio. Currently, we’re in the process of installing our Automated Parking Guidance System (APGS ) at The Banks parking garage, featuring more than 4,000 spaces on two levels.
While the Ohio River is considered the “Main Street” of Cincinnati, the Riverfront is its heart. Breaking ground in 2008, The Banks represents a successful partnership between Hamilton County and the City of Cincinnati. It’s a premier mixed-use development located along the scenic Ohio River in downtown Cincinnati, offering a vibrant blend of residential, commercial, and entertainment spaces. With its picturesque atmosphere and prime location, The Banks contributes billions to the local economy, including $48 million from two recent Taylor Swift concerts.
“Spanning more than a half of a mile between the Bengals Paycor Stadium and the Reds Great American Ball Park, The Banks is a destination for sports fans to downtown employees alike. The parking garage at The Banks plays a crucial role in accommodating those parkers, and our goal is to enhance their experience with our APGS,” said Coley Nash, Regional Sales Executive, Northeast.
From garage entry to open space, our APGS leverages advanced technology to streamline parking facility management and improve the overall parker experience. At the heart of our system is the M5 camera-based smart sensor, capable of monitoring up to six parking spaces simultaneously. With 99%+ accuracy, these sensors provide operators with real-time occupancy data, ensuring accurate information about space availability. Green and red LED lights on the sensors navigate parkers to the available spaces, reducing the time to park by up to 63%.
“We’re pleased to be selected to partner with Hamilton County and the City of Cincinnati on The Banks’ APGS project,” said Nash. “We anticipate installation completion by Q4 2024.”
The Banks’ APGS package also includes:
- Park Alerts, which notifies operators when certain vehicles enter the building including VIP guests and persons on the blocked list,
- Park Finder, combined with license plate recognition (LPR) technology, assists drivers with locating their vehicle in seconds via touchscreen kiosks, a connected parking app, or a finder-enabled pay station,
- An API package that provides operators with a secure connection to a limitless set of third-party parking related solutions,
- And INX with real time dashboards and business intelligence for operators to maximize and streamline parking operations.
TKH Security is proud to partner with local Cincinnati companies on this project.
