Inc. Magazine – September 2019

(Nancy Kaufman) #1

Solving


the Parking


Puzzle


Having spent many years


getting real estate projects off


the ground, Scott Gable came


to understand that getting


cars off the ground is just as


critical to development. “Five


years ago, we determined that


one of the biggest limitations


to new construction in the U.S.


was the amount of space


required to meet the parking


needs for new buildings,” says


Gable. His solution? CityLift


Parking, an automated system


that uses sensors and lifts to


stack cars efficiently in park-


ing towers. Automated park-


ing has long been popular in


Europe and Asia, but introduc-


ing it to the U.S. meant con-


vincing cities and developers


that it works. At about $17,000


per space, automated garages


tend to be slightly cheaper


to build than traditional


garages—and can shrink an


auto’s carbon footprint by


reducing the amount of time


the driver spends searching


for a spot. Drivers leave their


vehicles in a ground-floor bay,


they tap a screen, and the lift


takes it from there, moving


horizontally and vertically to


dock cars in designated bays.
—TIM CRINO


Three-year growth 4,401.9%
2018 revenue $10.7M


Oakland, California
Founded in 2015


Scott Gable


CITYLIFT PARKING


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