Hot parking

Find and share corporate parking easy!

Not sufficient amount of parking spaces available in many properties
This is particularly an issue around prime locations of Helsinki, but also other places such as Pitäjänmäki

Additional parking is usually leased from operators such as Q-Park, as these are the only viable sources for multiple new parking spaces.
Reasons for using service providers such as Q-Park is the ease of doing business -- A single invoice for all the required parking -- Flexible -- Same contract / contract party from one year to the next

Benefits: -- New parking space supply that was hard to find & lease before -- Single point of contracting for leasing companies -- Easy to place available parking places for sharing entities -- Business model is a provision from transactions

These can be

Other corporate entities
Residential areas located near to offices, where car spaces are vacant or only used during out-of-office hours.
Groceries and shopping malls where there may be extra parking spaces available during office hours

For long term leases, one month at a time.
Does not require sensors/Apps to figure out if the parking space is available; it’s always available for the lessee
Day leases.
One day at a time
More expensive
Flexible leases.
Only part time of the day, e.g. between working hours 8-16
Requires sensors or apps for updates on available parking

Q-Park, EuroPark and similar private parking companies that offer both contract parking and flexible parking -- These are usually expensive
Vuokraovi.com and similar services that -- Contracting several entities means a lot of manual work for businesses
Streetline and similar apps that help consumers find their parking spots -- But only a database for searching

Cash flow risk -- Pay in advance for use, pay forward only after month
Entities offering parking spaces may fluctuate -- Thus there should always be a 20-30% buffer of available parking space, so that those who are leasing will be offered another parking spot automatically should the old one be revoked.
Due to challenges of meeting demand vs supply + buffering, all spaces will never be fully leased. -- This would be fixed by rotation, aiming to offer all participants at least some income.