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🎯 Capstone Project: Real-Time Dynamic Parking Price Optimization

Dynamic pricing engine for urban parking lots using real-time data streaming, demand drivers & competitive pricing β€” built with Python (Pandas) and Pathway applications. Includes real-time Data Visualization using Bokeh plots and Panel.


πŸ“Œ Tech Stack

Layer Tools / Libraries
Streaming data processing Pathway
Data manipulation pandas, numpy
Visualization Bokeh, Panel
Notebook & orchestration Google Colab / Jupyter
Storage (CSV simulation) pandas, local CSV files

πŸ“Š Architecture Overview

Goal:

  • Ingest real-time parking data stream
  • Compute demand dynamically based on occupancy, queue, traffic, special days & vehicle types
  • Compute real competitor price using latitude & longitude
  • Adjust price competitively
  • Visualize daily price trend live

🧩 Architecture flow:

flowchart TD
    A[Parking CSV with lat/lon] --> B[Precompute nearby lots]
    B --> C[Pathway streaming]
    C --> D[Tumbling window per lot]
    D --> E[Self-join competitor avg price]
    E --> F[Competitive price]
    F --> G[Live Bokeh+Panel plot]
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Working Code and Report on the Capstone Project of Summer Analytics, 2025

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