Westport Plaza EV Chargers
St. Louis, Missouri
VOSS helped the owner fulfill a lease requirement and also create a new revenue stream by monetizing charging services for a mixed use facility.
Challenge
- The property manager needed to install chargers to fulfill a tenant’s lease agreement but saw an opportunity to expand the project due to the mixed-use nature of the property.
- Given the mixed-use nature of the property (office, retail, and condos), they recognized an opportunity to install additional chargers that could serve as a revenue-generating asset.
Solution
- By installing 8 chargers across two garages, they met the lease requirement and created a potential revenue-generating asset to offset costs and boost profitability.
- Since the two garages would not accommodate the pedestal EV Charging unit, the second garage went with 4 wall mount units.
Key Results
- The customer successfully fulfilled a current tenant’s request while planning for the needs of future tenants.
- They established an additional revenue stream through consistent traffic utilizing the chargers.
- The project cost was reduced by 30% thanks to local rebates.