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Street) approved in 2018 contains 603 residential units and 20,000 square feet of commercial space; the First American redevelopment (114 East Fifth Street) approved in 2019 contains 220 residential units and 12,350 square feet of commercial space, and The Heritage (2001 East Dyer Road), which is under construction nearby, contains 1,221 residential units and 18,400 square feet of net new commercial square footage. The mixture of land uses on the project site, including residential, commercial, and open space, will contribute to the formation a dynamic mixed -use village. The commercial and open space components will serve both residents and visitors of the project site, as well as the large daytime employee population working in the project site's immediate vicinity. Onsite Parking Parking will be provided at the rate of 2.0 spaces per residential unit, inclusive of guest parking, and 5 spaces per 1,000 square feet for the commercial component. To maximize onsite parking, the applicant will utilize valet and vehicular lifts detailed in the PMP. The applicant proposes to construct parking at the rate of 2.0 parking spaces per residential unit and to achieve the 5 spaces per 1,000 square feet of commercial area rate (400 commercial parking spaces) through the use of self -parking and valet services. The SD zoning document drafted for the project requires that the project continually provide valet services to achieve the 400 parking space requirement for commercial areas and the 212 vehicular lifts to achieve the 2.0 parking space per unit requirement for the residential components. The 2.0 parking spaces per residential unit ratio, which includes guest parking, is consistent with other mixed -use areas of the City, including the Harbor Boulevard Mixed -Use Transit Corridor Specific Plan (Harbor Plan) and the MEMU Overlay Zone. A comparison of parking standards in the City's various mixed -use zones is provided in Table 5 below. The proposed onsite parking ratios are expected to sufficiently address the mixed -use project site's needs. Because of the mixed -use nature of the project site, opportunities for shared parking exist as the residents are more likely to walk or bicycle to the neighborhood -serving uses on the project site, such as the commercial components and the open space areas. Moreover, the PMP's strategies of maximizing the built onsite parking through valet services will ensure every constructed parking space on site is utilized, and vehicular lifts will ensure the residential parking ratio of 2.0 spaces per residential unit is consistent with other code areas in the City and is sufficient for resident needs. Table 5: Mixed -Use Zoning District Parking Space Requirements Zoning District Residential Requirement, Commercial Requirement Including Guest Transit Zoning Code SD-84 Varies; 2.15 to 2.25 per unit Varies; 1 per 200 sq. ft. to 1 per 400 sq. ft. Harbor Plan Varies; 1.50 to 1.75 per unit 1 per 400 sq. ft. MEMO Overlay Zone Varies; 2.0 to 2.25 per unit Varies; 3 per 1,000 sq. ft. for office uses. Mixed -use developments with 10 percent or less of the gross floor area of the buildings dedicated to commercial uses need not provide extra commercial parking spaces. The Bowery (Proposed Project) 2.0 per unit 5 per 1,000 sq. ft. (SAMC general retail/service parking rate) 75C-403