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Mr. Tim O'Brien <br />January 23, 2019 <br />Page 4 <br />structures, parking garages, and surface lots, with a combined parking supply for <br />residents and the public/guests ranging from 223 spaces to 1,020 spaces. In addition to <br />on -site parking, on -street parking is also available at two (2) of the facilities. More <br />specifically, items 6 and 7 are mixed -use developments and have a retail component <br />within their site. <br />Table 3 further indicates that parking demand surveys/observations were conducted <br />on one to two "typical" weeknights (Tuesday, Wednesday, and Thursday) at nine of <br />the comparable sites, and on a Saturday at three of the sites. These survey time <br />periods were selected for analyses because parking needs are the greatest during these <br />times; more specifically, peak demand for residential uses typically occurs during <br />weeknights compared to weekday daytime and weekend conditions. This parking <br />demand characteristic is evident from the hourly parking profiles in the Shared <br />Parking (2°d Edition) publication by the Urban Land Institute (ULI) that indicate 90% <br />to 100% parking occupancy between 6:00 PM and 12:00 AM/midnight, and the <br />Parking Generation (4's Edition) publication by the Institute of Transportation <br />Engineers (ITE) that reports 92% to 100% parking occupancy between 10:00 PM and <br />6:00 AM for low/mid-rise apartments (the only residential type with this data), and <br />that parking demand is greater during these weekday overnight hours compared to a <br />Saturday condition. Based on these considerations, it is concluded that the empirical <br />basis for the peak parking ratios reported on Table 3 coincides with, and is <br />representative of, the absolute peak parking condition for each of the surveyed sites. <br />The tenant and guest peak parking ratio (spaces per DU) for each of the twelve <br />comparable sites under absolute peak conditions (occurring on a weeknight, as <br />explained above) and Saturday daytime conditions (where available) are presented on <br />Table 3. The array of absolute peak parking rates yields an average ratio of 1.35 <br />spaces per unit, an 85d' percentile ratio of 1.48 spaces per unit, and a 95d' percentile <br />ratio of 1.61 spaces per unit. Saturday parking ratios are less, and range between 0.97 <br />and 1.13 spaces per unit, occurring from noon to 3:00 PM. It should be noted that the <br />city code requirement of 379 spaces when compared to the Project's total of 226 <br />apartment units, translates to a peak parking ratio of 1.68 spaces per dwelling unit, <br />which is greater than the aforementioned peak parking ratios stated above. <br />Given that these sites are comparable in terms of apartment unit mix (i.e. one -bedroom, <br />two -bedroom, three -bedroom, etc.) and nine (9) of the sites come within under 100 total <br />units compared to the proposed Project, LLG concludes that the parking ratios derived <br />from the twelve comparable sites are accurate representations for the unique parking <br />characteristics of the proposed Project that are not reflected in the City Code ratio. <br />751-65 <br />