Stokes IndustriesWhy us? • For Over 25 years • On nearly every continent • Over 100,000 vehicle spaces • A Solution Provider
Stokes Industries Co. LtdThe Company Stokes Industries Co. Ltd. was originally formed in the United States in 1985 by Van Stokes Sr., an aerospace engineer who had previously worked for NASA. Stokes Industries is now an international company with its main offices located in Macau and subsidiaries located in Africa, Asia, Europe, North America and South America. Its list of customers ranges from large government agencies to small parking lot operators. Stokes Industries’ operational divisions specialize in the entire parking venture, including: equipment, layout, traffic flow, environmental considerations, historical integrity, revenue collection, safety, security, and the general availability of parking.
Why Automated Parking?I Don’t Want To Be a Pioneer! Over 500,000 spaces will be installed in China this year. Oldest system currently operating in the USA was built in the 1920’s “The Electric Garage”. It has 20+ levels and is located in Chicago at 605 South Wabash. Stokes has been involved with the installation of over 20,000 spaces in New York City and over 100,000 worldwide. The World Financial Center has over 800 automated spaces, and it’s final design and engineering was done be Stokes Industries.I would like to be thought of as an Industry Leader!
Industry Leader or Pioneer ? Solutions: Commercial Projects 北京鸿安大厦仓储式141泊位 World Financial Center Beijing Hong AN Building Shanghai, China Warehouse - 141 spaces Multi Level Lift Slide - 1105 Parking Spaces (800 Automated) 大连都市海景升降横移式110泊 Yincheng Xidi Co., Ltd. Lian Du Sea View Building Lift Slide - 110 spaces Yu Jing International Hotel 项目名称：北京百环家园立体车库 Beijing Shanghai, China 车库类型：三层升降横移类 3 level lift-slide Lift Slide - 356 spaces 车 位 数：769 spaces
Industry Leader or Pioneer ? Solutions: Commercial Projects Shanghai TV Station Shanghai Ruijin Hospital Nanjing Jinying Co., Ltd. Shang Tong Sheng Commercial Building Shanghai, China Lift Slide - 566 spaces Hongkong New World Tower
Industry Leader or Pioneer ? Solutions: Commercial Projects 工程名称：万邦科贸大厦(一期) Shanghai 800 Show Beijing Wan Bang Ke Mao Building 工程地址：北京外交部南街恒润房地产开发公司 机 型：PSH55D-SP 数 量：55车位spaces 备 注：完工 工程名称：玺萌丽苑西区 温州方正大厦 Beijing Xi Meng Li Yuan West Building Wenzhou Fang Zheng building 工程地址：北京玺萌房地产开发有限公司 PSH-2,3 lift-slide 机 型：PSH432D-D1-SP 648 spaces 数 量：432车位 spaces 备 注：完工 哈尔滨欧洲新城 上海工商联大厦 Harbin Europe New City Shanghai I&C building PXD巷道堆垛式 PCS Tower system Warehouse 34 spaces 152 spaces
Industry Leader or Pioneer ? Solutions: Commercial Projects 河南省检察院 河南省公安厅 PSH-3S升降横移式 PSH-7K升降横移式 119 spaces 187 spaces 开封市公安局 首都工商局七层升降横移式200 PSH-5S升降横移式 Beijing Capital Industrial & Commercial 66 spaces Beau Lift Slide, 7 level - 200 spaces 项目名称：北京国融大厦立体车库 Shanghai Huashan Hospital Beijing Guo Rong Building 车库类型：两层升降横移类 2 level 车 位 数：205 spaces
Industry Leader or Pioneer ? Solutions: Commercial Projects Guangdong Radio, Radio, Film 510 Original Parking Spaces and Television Center Converted to 1056 lift –slide spaces 上海北方大厦室内升降机式24 沈阳东北饭店升降横移式17泊 Shanghai North Building Shen Yang north eastern Hotel Parking tower 24 spaces Lift slide 17 spaces 大连亿达广场升降横移式76泊 哈尔滨中山花园升降横移式11泊位 Da Lian Yi Da Mall Harbin Zhong Shan park Lift-slide 76 spaces Lift-slide 11 spaces
Industry Leader or Pioneer ? Solutions: Residential Projects 成都幸福屋语 上海音乐广场 Chengdu Happiness Homeland Apt. Shanghai Music Plaza Apt. PSH-2 lift-slide 44 spaces 二层升降横移 254 spaces 北京望京A4 Shang Hui Long Property Company Beijing Wang Jing A4 Apt. Shanghai, China PSH-2 lift-slide Lift Slide – 697 spaces 2141 spaces 无锡家乐花园 Wuxi Jia Le Garden Apt. PSH-3K升降横移式 129 spaces
Industry Leader or Pioneer ? Solutions: Residential Projects 项目名称：北京怡然家园立体车库 北京治安总对升降横移式88泊 Beijing Yi Ran Homeland Apt. Beijing Zhi An Apt 车库类型：两层升降横移类 2 level lift-slide lift slide 88 spaces 车 位 数：258 spaces 项目名称：北京重聚园立体车库 名称：贵阳幸福家园 Beijing Chong Ju Yuan Apt. Gui Yang Xin Fu Home Garden 车库类型：两层升降横移类 2 level lift-slide 类别：升降横移地上二层 lift-slide 2 level 车 位 数：236 spaces 青岛优山美地 地坑升降 名称：济南欣欣花园 Qin Dao You Shan Mei Di Apt. Jin Nan Xin Xin Garden Apt. Pit lift-slide 类别：升降横移地上二层 lift-slide 2 level
Industry Leader or Pioneer ? Solutions: Residential Projects 名称：莱茵锦绣鑫园 青岛天幕城 Lai Yin Jin Xiu Xin Yuan Apt. Qing Dao Tian Mu City Apt. 类别：升降横移地上五层 lift-slide 5 升降横移地上三层 lift-slide 3 level level 西安华远君城 Shang Hui Ning Garden Xi An Hua Yuan Jun Town Apt. Shanghai, China 类别：升降横移负一正一 -1+1 lift-slide Lift Slide – 355 spaces 北京正邦嘉园 Beijing Zheng Bang Jia Yuan Garden PSH-5升降横移式 210 spaces
Industry Leader or Pioneer ? Solutions: Commercial Parking Central Parking Central Parking New York City. New York City. Edison Parking Edison Parking New York City. New York City.Opportunity - Be an Industry Leader withouthaving to risk being a Pioneer !
Additional Parking SystemsFINANCIAL INSTITUTIONS MEDICAL REAL ESTATE & DEVELOPMENT Guangxi Nanning Reserve Jiangsu province Second Hospital Beijing Century Star Real Estate Jiangyin rural Commercial Bank Nanjing Gulou Hospital Beijing Dongxinlian Real Estate Co. Ltd Shanghai Huangpu Security Company Nanjing Military General Hospital Beijing Jianji Real Estate Development Co. Ltd Shanghai Pacific Financial Plaza Shanghai Huashan Hospital Chengdu Chunxi Building Developing Company Shanghai Zhabei Investment Shanghai No. 9 People Hospital Cixi Xiangge Real Estate Co., Ltd Shanghai Ruijin Hospital Guangzhou Nanwei Real Estate Co., LtdGOVERNMENT Shanghai Xuhui District Central Hospital Hefei Jingjiang Property Development Beijing Committee for Ethnic and Religious Affairs Longxin Real Estate Company Beijing Labour and Social Security Burea PARKING GARAGE Nanjing Dadi Real Estate Co. Ltd Beijing Metro Guangzhou Xijilu Parking Lot Nanjing Gulou district City Development Co.Ltd. Beijing Ministry of Culture Nanjing Gulou Garage Nanjing Hengtang Property Development Center of Water Resources Shanghai Dongyuan Garage Nanjing Xindadu Real Estate Co., Ltd Guarding Bureau Shanghai East Nanjing Rd Garage Qingdao Haier Real Estate Jiangsu Province Admissions Building Shanghai Hengda Garage Shanghai Huilong Real Estate company Jiangsu Province Logistics Shanghai Hualun Garage Shanghai Jingan Real Estate Company Jiangsu Province Logistics Center of Water Resources Shanghai Jiangning Rd Garage Shanghai Northeast Industry Development Company Jiangsu Provincial Administration of Work Safety Shanghai Jiaxing Garage Shanghai Xiangyang Real Estate Company Nanjing Army Command Institute Shanghai Zhejiang Rd Garage Shanghai Yidian Real Estate Company Nanjing Baixia District Court Xinan Real Estate Company Nanjing Changjiang Waterway Engineering Bureau UNIVERSITY Nanjing Tax Office Nanchang University HOSPITALITY Nanjing Military Command Nanjing Naval Command Institute Changzhou Peace Hotel Ningbo Municipal Office Nanjing Second Affiliated Hospital of Medical University Jiangyin International Hotel No. 57 Institute of General Staff Department Renmen Hospital of Beijing University Jiashan Meiyuan Hotel Office of East China General Logistics Department Renmin University of China Shanghai Yujing International Hotel Shanghai Pudong Public Security Bureau Shanghai East China Architectural Design & Research Inst. Wenzhou New South Asia Hotel Shanghai Institute of Health Design Shanghai Institute of Mechanical & Electrical Engineering University Investment Co. Ltd
Additional Parking SystemsRESIDENTIAL RESIDENTIAL (cont.) OTHER COMMERCIAL BUSINESS (cont.) Beijing Caihuying Residential Community Siluhuayu Community Nanjing Book Center Beijing Fengyi Garden Wei Fang Hua Bao Garden Nanjing Huawei Electricity Building Beijing Huaqing Garden, Wei Fang Yi Xin Yuan Garden Nanjing International Plaza Beijing Lize Mansion, Wenzhou Jinfeng Community Nanjing Jincheng Group Beijing Sanluju Residential Community Wuxi Century Garden Residential Community Nanjing Jingdu Plaza Beijing Snow-Lotus Mansion Wuxi Global Residential Community Nanjing Jingyuan Building Beijing Tianli Mansion Wuxi Yincheng Shanyu Wenshu Community Nanjing Jinlun Plaza Beijing Xingqi Garden, Yi Dong Garden Nanjing Jinying International Beijing Yayunhaoting Residential Community Zhejiang, Hefei Hongtu Mansion Nanjing Parkson Building Beijing Yintaiyonghe Garden Nanjing Saite Plaza Beijing Yuanyang Mansion OTHER COMMERCIAL BUSINESS Nanjing Yincheng Baochuan Changzhou Guotaiminzhou Garden Beijing Dibai Trade Co. Ltd, Nanjing Zhonghua Plaza Cixi Gutangqiuyue Flat Beijing Gas Co. Ltd Nanjing Zhongshan Yincheng Dongyuan Dalian Friendship Mansion Beijing Guangni Communication Office Nanjing Zhujiang Tower Guangxi Nanning Huijin Community Beijing Mobile Qidong Haomeng Square Guangzhou Xinfuxiong Mansion Beijing Publishing House, Qindao Maideshe Group Guiyang Hongji Garden Beijing Xihuan Square Qingdao Huayin Building Hangzhou Jingyi Mansion Beijing Zhongjianji Co. Ltd Shanghai 800 Show Hangzhou kangxin Garden Changzhou Fengchen Square Shanghai Bureau of Quality and Technical Supervision Hefei Baishengyuan Garden Changzhou Peace Tower Shanghai Donghai Hefei Taiyangdao Residential Community Chengdu Huacheng Corporation Shanghai Greenland Group Nanjing Chengkai Yu Garden Chengdu Huacheng Corporation Shanghai Huizhong Car Agency Nanjing Jiaye Sunshine Garden Chengdu Xinlongzhou Tower Shanghai Jiangshan Building Nanjing Jinhong Garden Chongqing World Trade Center Shanghai New Space Time International Business Plaza Nanjing Yincheng Dongyuan Bauhinia Garden Dalian Celebrity International Shanghai STV Nanjing Yincheng Dongyuan Xihua Garden First phase of Boya Beijing Shanghai Time Square Nanjing Yincheng Jufu Garden Guangdong Television Center Shanghai Tongsheng Building Nanjing Yincheng Wutai Garden Guangzhou Guangxiao Temple Shanghai Xinhua Media Center Nanjing Yincheng Xidi International Residential Community Haerbin Jinan Europa Square Shanghai Zhongtong Building Nanjing Yincheng- Yudao Community Hangzhou Jinghui Business Center Tianjin Junlin Tianxia Qing Dao Ru Yi Garden Hangzhou West Lake Ming Building Tianjin Sun Weekly Shanghai Eastern City Service Apartment Hangzhou Yongjin Square Tianjing Shengxing Shanghai Huashi Mansion, Hudong Fortune International Plaza Wuxi Jinke East Wangxie Shanghai Huining Community Jiangsu Province Yanban Building Xuzhou Fuyuan Plaza Shanghai New Era Fujia Garden Jiangsu Provincial Procuratorate Zhengzhou Zhengdongxinqu Tower Shanghai Tongsheng Community Liuzhou Parkson Zhongnanhai Central Shanghai Xinhong International Service Apartment Nanjing Beiyuan Star
Why is this so Important?Increased Pressure on Auto Industry Expected growth will be primarily urban….need to be in market. Increase pressure on real estate prices in urban corridor. Optimal use of real estate is not a car dealership. Moving a dealership could risk the loss of dealer point. Increase in cost of construction Systems can be relocated Systems can be build on VERY SMALL footprints. 20x Density Systems can be used to help market cars with View Walls. Systems help protect vehicles from a multitude of risks and perils Systems are much more economical than conventional parking decks. Systems can greatly reduce operating costs, and increase CSI In aggregate, parking is an Auto Dealer’s BIGGEST operating expense!I was told by a Sonic Board Member “We are really in the Parking Business!”
Cantilever SystemsThe basic mechanical system Manual or automatic operation Indoor or outdoor use Simply Bolted in place on asphalt or other surface; can be disassembled and moved no anchor bolts required Suitable for all personal vehicles: cars, SUV, mini-van, Variable widths. Finish options: Standard = galvanized, optional = paint Trained operator is required can be configured with charging stations for hybrid vehicles ISO 9001 Certified
Four-Post Valet SystemsThe Mechanical System 2 to 5 levels high Manual or automatic operation Built in safety latch at each level Patented full-time anti-fall system Indoor or outdoor use Footings required Simply Bolted in place on asphalt or other surface; can be disassembled and moved Suitable for all personal vehicles: cars, SUV, mini-van, Variable widths. Finish options: Standard = galvanized, optional = paint Trained operator is required Can be configured with charging stations for hybrid vehicles ISO 9001 Certified
Lift - Slide SystemsThe advanced mechanical system 2 to 15 levels high using hydraulic system, 9 level max using electric No parking attendant required; semi-automatic operation; Access card or PIN code Indoor or outdoor use As a stand-alone structure or integrated into a structure Can be bolted in place and can be relocated Suitable for all personal vehicles: cars, SUV, mini-van, Variable widths. Can be enclosed using your siding ISO 9001 Certified, LEED Credits and Innovative Design Credits are available
Prototype-Auto Dealer SystemHEIGHTFirst Level: To maximize utilization of cubic mass, this level could be aslow as 84” and accommodate vehicles. To create a more comfortableenvironment, I would recommend the first level be open and 108”-144” inheight.Levels 2-15: To accommodate SUVs these levels need to be 84” tall oncenter. Standard vehicles can be accommodated with 70” height.Expandability: Electric 2 - 9 Levels, Hydraulic 2 -15 Levels
Prototype-Auto Dealer SystemWIDTHThe unit to the right has 3 Columns. One columnswill need to remain empty to allow for deployment.Empty columns are called deployment columns. Thisis to allow for the horizontal sliding of vehicles. Thetop space of a deployment column can be used topark a vehicle, since it will never need to slide to leftor right.The structure could have unlimited width. The widthis expandable in increments of 8.5. Additionalspace can be added between machines (typicalmachines are 3 and 5 columns wide) for added roomfor passenger entry. Since these systems will beused primarily by trained valet, I do not think theadded space is needed.
Prototype-Auto Dealer SystemLENGTH or DEPTHThe systems can be attached in a front to backconfiguration. The lower level can be left open anddriven through. Vehicles would be lowered fromstorage area above. The combination below iscomprised of 9 machines. Each machine is 3columns wide and 5 levels high. If the entry level isutilized this configuration would maximize density at11 units per machine x 9 machines = 99 vehicles.Dimensions are 57 long or deep x 76.5 wide (mustadd for veneer) x 37 tall ( 9 entry level - all SUVS)
Prototype-Auto Dealer SystemEXTERIORBase System: Please see pictures for my simplethoughts on exterior. There are many options. Basesystem does not need any roof, siding or garagedoors. It only needs a foundation.Options:Roof system to protect from weatherSolar roof could be used as primary power sourceSiding - Depending on local building code, exterior could be enclosed with any number solutions. Alucobond, Perforated Metal, or even use banners and cover with graphics. We could use fabric banners as a siding and probably not have to comply with codes trying to claim this is a building vs. rack
Compelling Case StudiesBackground & Contributors Case Study No. 1 – Rockville Porsche Audi Performed site visit and met with Tom Walsh (GM). The attached standard input form was used and actual estimates were provided by Tom. After review by Tim Hallice (Sonic-Director of Risk Management), an additional allowance was made for weather (hail) related risks. Case Study No. 2 – BMW of Fairfax Spoke with Mark McCollum (GM). The attached standard input form was used and actual estimates were provided by Mark. Per the request of Tim Hallice, an additional allowance was made for weather related risks (hail). Case Study No. 3 – American Service Center Mercedes-Benz This is an existing customer. The actual numbers were provided by Ralph Mastantuono (GM). Ralph was CFO prior to becoming GM. The only addition to his estimates were for weather related risks (hail). Case Study No. 4 – Toyota Tysons Corner This is an example of how automated parking can enable a dealership to best utilize existing real estate. Monetizing a Dormant Asset. Other Locations – Honda Santa Monica, Honda of Tysons Corner, Rockville Lexus
Case Study No. 1Porsche Audi – Rockville, MD • General Manager – Tom Walsh • An average of 30 vehicles and maximum of 50 vehicles are currently be parked .6 miles from dealership in a leased lot. • Issues: • Lot cost $10,000 per month. • Experiencing damage to vehicles from theft, vandalism & transit. • Potential for damage from weather related events. • Lot is leased and subject to annual renegotiation and/or termination. • Excess labor costs due to transporting vehicles to and from primary location.
Case Study No. 2BMW of Fairfax – Fairfax, VA • General Manager – Mark McCollum • A maximum of 200 vehicles are currently be parked next door on a month to month basis. • Issues: • Current lot cost = $10,000 per month…month to month! • Property encompassing lot is for sale. A move is eminent. • Nearest potential lot is 7 miles away. Traffic moves at 5 minutes per mile. • Anticipated rent $10,000 per month. • Increased potential for damage to vehicles from theft, vandalism & transit. • Potential for damage from weather related events. • New lot will be leased and subject to periodic renegotiation and/or termination. • Excess labor costs due to transporting vehicles to and from primary location.
Case Study No. 3American Service Center – Arlington, VA • General Manager – Ralph Mastantuono (Past Chief Financial Officer) • One of North America’s top Mercedes-Benz dealers. • 8 years ago Stokes Industries provided ASC with 332 4Post elevated parking platforms and saved ASC $50 Million over a 20 year period. • Issues: • Nearest potential lot is 4-6 miles away in heavy traffic. • Anticipated rent $110 per vehicle per month. • Increased potential for damage to vehicles from theft, vandalism & transit. • Potential for damage from weather related events. • New lots will be leased and subject to periodic renegotiation and/or termination. • Excess labor costs due to transporting vehicles to and from primary location.
Case Study No. 4Toyota Dealership – Tysons Corner, Vienna VA • Sample - Monetizing Dormant Assets • One of North America’s top Mercedes-Benz dealers. • 8 years ago Stokes Industries provided ASC with 332 4Post elevated parking platforms and saved ASC $50 Million over a 20 year period. • Issues: • Nearest potential lot is 4-6 miles away in heavy traffic. • Anticipated rent $110 per vehicle per month. • Increased potential for damage to vehicles from theft, vandalism & transit. • Potential for damage from weather related events. • New lots will be leased and subject to periodic renegotiation and/or termination. • Excess labor costs due to transporting vehicles to and from primary location.
Call to ActionEstablish Critical Path – Goals, Properties and Components Goals: Over the next 180 days, develop clear strategy to save $500 Million over a 20 year period by identifying, evaluating and monetizing dormant assets. If 15% of Sonic Dealerships can save average of $20 Million = $500 Million Determine criteria for evaluation based on: existence of remote parking, risk factors effecting asset, lease expirations, local real estate values and opportunities, etc. Identify key players, suppliers and professionals. Engage Stokes Industries to report to Facilities, Real Estate, Operations, Risk Management & CFO.
Key Executives Van Stokes, Sr. Chairman & CEO Van Stokes, Jr. Executive Vice President Peter Anderes President USA & Russia
Peter Anderes PRESIDENT - USA & RUSSIA STOKES INDUSTRIES - USA, INC PO BOX 12720 CHARLOTTE, NC 28220-2720 USAPANDERES@STOKESINDUSTRIES-USA.COM 704.201.7565 PHONE 704.364.6997 FAX