Case Studies JBR ON-Street and OFF-Street
Achievement
Before GreenParking operated at JBR, vacant spaces were extremely challenging to find and those who were parked there were not contributing to revenue at JBR outlets as they were occupied all day by workers and beach-goers. In addition, off-street parking options were not sufficiently highlighted or visible to visitors. As a result, the asset owner and the tenants were not able to generate value from this prime location. Today visitors have an option to park in more than 1,000 GreenParking spaces available at JBR, whereas before capacity was limited to 100 spaces only.
GreenParking has vastly improved the customer experience, substantially enhancing revenues and creating new revenue streams for its partners. In the past year GreenParking has increased the footfall by 52%, thus delivering additional customer to JBR outlets. The dynamic pricing ensures that in prime locations at peak hours there is an availability of spaces. At the same time, surrounding parking areas with low occupancy now have higher utilization rates. This means GreenParking is accommodating additional visitors to JBR without adding to the congestion in the prominent areas. In addition, redirecting the customers from one place to another increases the overall capacity of the area.
One unique achievement in this regard is the utilization of GreenParking buggies that allows the facilitation of 20% more visitors that otherwise would have missed out on their preferred destination.
GreenParking believes it is absolutely essential to invest in the branding of its car parks. The unified corporate design of GreenParking signs all over JBR is recognizable by its customers, which makes it easy to find GreenParking anywhere in the district, resulting in the increase of footfall. Moreover, not only the design, but the clear tariff format and placement of the proper signs make the whole area more structured.
GreenParking is proud to have been able to consider all requirements and interests of stakeholders, retailers, tenants, residents, short-term and long-term parkers. Leisure districts like JBR has a lot of retailers and restaurants that should also be considered in the equation. GreenParking has created a thorough tariff plan for each car park that gives an option to pay flat fee for long-term stay and an hourly-based fee for short-term stay, thus providing attractive options for any target group.
Furthermore, GreenParking has services for any customer requirement, whether it is for VIP or regular customer, on-street, off-street or valet parking. GreenParking has successfully created a network consisting of car parks for each interest.GreenParking would not have been able to satisfy the needs of customers and outlets without creating a unique and varied validation concept. This concept offers free or discounted parking for those who have satisfied a minimum spend at participating outlets, which makes these outlets more attractive to JBR visitors. The average spend per visitor becomes higher as customers aim to at least meet the minimum spend to gain free or discounted parking. This directly influences incremental revenue for the outlets and asset owner.
All of these achievements combined translates into more availability of spaces, more accessibility to JBR and more parking options for end-customers.
In the near future, GreenParking has committed to implementing a fully integrated district parking guidance system at JBR as well as subsidizing existing parking rates in GreenParking operated car parks. This will substantially enhance the accessibility and experience for JBR visitors further and cement JBR’s reputation as the number one leisure destination in Dubai.
Benefits include:
Replicability
For the past 2 years, the number of car parks in JBR has been constantly growing. GreenParking has added more and more car parks into its web, absolutely proving that the system works and can gradually grow towards the neighboring areas, potentially Marina district. In its entirety, this advanced concept is applicable to any area in a different part of Dubai that is similar to JBR where there is a complex mix of on-street and off-street parking possibilities, limited internet connectivity and power supply and a diverse range of stakeholder’s needs to be simultaneously met.