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Press release content from Business Wire. The AP news staff was not involved in its creation.

Optimus Ride Launches Electric Mobility Service in DC at Brookfield Properties’ The Yards, Connecting Tenants and Residents to Capitol Hill and Barrack’s Row

February 17, 2021 GMT
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Optimus Ride, a leading autonomous mobility service provider, today announced its newest service deployment at premiere Washington, D.C. waterfront development The Yards. (Photo: Business Wire)
1 of 2
Optimus Ride, a leading autonomous mobility service provider, today announced its newest service deployment at premiere Washington, D.C. waterfront development The Yards. (Photo: Business Wire)

WASHINGTON--(BUSINESS WIRE)--Feb 17, 2021--

Optimus Ride, a leading autonomous mobility service provider, today announced its newest service deployment at premiere Washington, D.C. waterfront development The Yards; its second deployment for global real estate company Brookfield Properties. With this new service, Optimus Ride launched its flagship app - Opti Ride - to make hailing an Optimus Ride autonomous vehicle easier than ever. The on-demand service gives passengers access to the autonomous-enabled electric fleet to schedule rides at their convenience to seven stops across The Yards and to external locations at Capitol Hill and Barrack’s Row through the app.

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Optimus Ride, a leading autonomous mobility service provider, today announced its newest service deployment at premiere Washington, D.C. waterfront development The Yards. (Photo: Business Wire)

Optimus Ride combines cutting-edge computer vision, sensing technologies, and deep learning algorithms to deliver safe and convenient autonomous mobility services ideal for communities, campuses and mixed use developments. Partners benefit from cost-savings and energy efficiency with the service, where a decrease in personal vehicles at a site like The Yards reduces the need for expensive parking infrastructure; in addition, energy usage and the carbon footprint are minimized with Optimus Ride’s use of electric vehicles. Now, the Opti Ride app further enhances the passenger experience with convenient and flexible ride scheduling and reservation. The Yards is the first site with the Opti Ride app available for use, and Optimus Ride will consider rollout at other sites in the future.

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The passenger mobility service is being rolled out in phases at The Yards, with a group of residents and tenants invited to download the Opti Ride App and join a waitlist to use the service; once verified, passengers are given access to begin scheduling rides. At launch, Optimus Ride’s service operates across two stops within the development including shops, restaurants, and resident buildings and five stops at external locations at Capitol Hill and Barrack’s Row, with more site additions planned in the future. The service is available from Monday through Friday, 12 p.m. to 8 p.m., and the electric vehicles can be booked up to seven days in advance, or with a minimum 15-minute pickup time. The Optimus Ride fleet previously provided food delivery at The Yards; the service was used for more than 6,000 deliveries of prepared foods and groceries to communities in need during the pandemic and to local patrons of The Yards restaurants.

“Optimus Ride has concentrated on delivering a turnkey autonomous, electric mobility service that provides safe and convenient mobility to campuses, corporations, and other mixed-use developments like Brookfield’s The Yards. With five successful deployments underway, we’ve broadened our focus to enhance the passenger experience and include new benefits for both our customers and their communities with the Opti Ride app,” said Optimus Ride CEO Sean Harrington.

“We’re excited to work with Brookfield Properties to introduce the app at The Yards to enable flexible and convenient ride reservation and scheduling to their residents and tenants,” he continued. “We’re confident that this added passenger experience will propel Optimus Ride further along on its mission to transform mobility.”

“Brookfield Properties has experienced the value of the Optimus Ride autonomous, electric mobility service already at the Halley Rise development in Reston, VA. We’re excited to offer this service to our residents and tenants, and we jumped at the opportunity to add the Opti Ride app experience,” commented Toby Millman, Senior Vice President, Development at Brookfield Properties. “Adding ride scheduling and reservation enhances the convenience with on-demand service to safely navigate the array of shopping and dining experiences and connect The Yards to neighborhoods like Capitol Hill and Barracks Row.”

More information on Optimus Ride’s autonomous, electric mobility service can be found at optimusride.com. For more information on The Yards, visit theyardsdc.com.

About Optimus Ride
Optimus Ride is an autonomous, electric mobility service provider on a mission to drive the future of transportation. The company develops self-driving vehicle algorithms, software, hardware, and system integration for electric mobility on demand solutions. Optimus Ride’s fully autonomous, electric vehicles are ideal for master planned communities, corporate and academic campuses, and mixed use developments. With roots at MIT, Optimus Ride’s team of outstanding industry experts helps the company’s customers design networks and systems specifically for autonomous, electric vehicles, ensuring end-users reap all of the benefits this technology has to offer. To learn more about how Optimus Ride is bringing the promise and benefits of autonomous, electric vehicles to the real world, visit www.optimusride.com.

About The Yards
The Yards is a development of Brookfield Properties which, at full buildout, will feature up to 3,400 places to live, 400,000 SF of retail, dining & services, a flagship 225 room Thompson hotel, 1.8 million SF of office space and an award-winning waterfront park spread across approximately 25 buildings situated on 48 waterfront acres in the Navy Yard district. The neighborhood blends the historic feel of former Navy Yard industrial buildings given new lives through adaptive reuse, with sleek all-new construction components. Additional info can be found online at TheYardsDC.com.

About Brookfield Properties
Brookfield Properties is a fully-integrated, global real estate services company that provides industry-leading portfolio management and development capabilities across the real estate investment strategies of Brookfield Asset Management — a global alternative asset manager with over $540 billion in assets under management.

Brookfield Properties develops and manages premier real estate with a focus on maximizing the tenant experience in addition to the investment and operational performance of the asset. We also focus on integrating leading-edge real estate technologies which enables us to be at the forefront of innovation and sustainability – benefiting not only our tenants, residents and business partners, but also the communities in which we operate. For more information about our approach to operating and developing best-in-class real estate, please visit www.brookfieldproperties.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210217005143/en/

CONTACT: Optimus Ride Media Contact:

Meredith Chiricosta

BIGfish Communications for Optimus Ride

617-713-3800

optimusride@bigfishpr.comBrookfield Properties Media Contact:

Alex Miller Murphy

717.903.9302

alex@thebrandguild.com

KEYWORD: DISTRICT OF COLUMBIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY TRANSPORT OTHER TECHNOLOGY CONSTRUCTION & PROPERTY BUILDING SYSTEMS PUBLIC TRANSPORT OTHER TRANSPORT

SOURCE: Optimus Ride

Copyright Business Wire 2021.

PUB: 02/17/2021 07:00 AM/DISC: 02/17/2021 07:01 AM

http://www.businesswire.com/news/home/20210217005143/en