The 16 story project is adjacent to the University of Illinois campus and is being developed as a joint venture between Chicago based developers HERE Enterprises, LLC and Campus Acquisitions. Construction has already started and is anticipated to be completed in 2015.
"We are pleased to be working with HERE and Campus Acquisitions on what will be the first fully automated robotic parking system in the State of Illinois," said Mark Patterson, Chief Executive Officer of Boomerang Systems. "We believe our technology is ideal for student housing projects in environments where space is at a premium and where the market places high value on safety and modern building technology that offers environmentally friendly solutions."
"In addition to saving space and lessening the impact of parking on the environment, we believe that providing a central drop off and pick up location for vehicles on grade will provide a safer and more convenient parking experience for our student residents," said James Letchinger, CEO of HERE. "After investigating a number of automated parking systems, we chose Boomerang's RoboticValet solution based on the unique advantages of the product and based on Boomerang being a US manufacturer with an experienced in-house installation team."
About Boomerang Systems, Inc.
Headquartered in Florham Park, New Jersey, with research, design, testing and production facilities in Logan, Utah, Boomerang Systems, Inc. (www.boomerangsystems.com) is in the business of marketing, designing, engineering, manufacturing, installing and servicing its RoboticValet® automated parking systems.
The Company is the developer and sole provider of the patent-pending Boomerang RoboticValet® automated parking system, which differs from legacy mono-path automated parking systems in that it uses omni-directional, battery-powered robots, and a proprietary software and robotics guidance system, to carry vehicles parked on self-supporting steel trays to and from storage spaces by driving directly on a concrete slab surface, without the use of a rail or track.