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I I I I I I I I I I I I I I I I I I I July 21, 2005 Mr. Enrique Legaspi, Vice President Regency Centers 555 South Flower Street, Suite 3500 Los Angeles, CA 90071 LLG Reference No. 2.04.2591.1 Subject: Updated Shared Parking Analysis for the Proposed Famsa Expansion Project at Santa Ana Downtown Plaza Santa Ana, California Dear Mr. Legaspi: As requested, Linscott, Law, & Greenspan, Engineers (LLG) is pleased to submit this Updated Shared Parking Analysis for the proposed Famsa Expansion project, located within Santa Ana Downtown Plaza in the City of Santa Ana, California. Santa Ana Downtown Plaza is an existing mixed-use center, currently occupied with a variety of retail, restaurant, and office uses. Famsa, an existing furniture and appliance retail store, will be expanded by 3,881 SF for an overall building size of 27,256 SF. At completion of the proposed expansion project, a total on-site parking supply of 505 spaces will be provided. This report evaluates the parking demands of the existing and proposed land uses at Santa Ana Downtown Plaza. The parking analysis evaluates the project's parking requirements based on current City of Santa Ana zoning codes, the methodology outlined in Urban Land Institute's (ULl) Shared Parking guidelines, and existing parking surveys. Briefly, Santa Ana Downtown Plaza is forecast to have a parking deficiency based on a parking analysis per City parking codes and ULI's theoretical shared parking methodology. However, these methodologies do not necessarily reflect actual and realistic parking conditions at Santa Ana Downtown Plaza. As such, a shared parking analysis based on actual parking surveys at the project site was prepared. The parking surveys, conducted in August 2004 and June 2005, indicated that at any given time of the day (weekday or weekend day), over 210 of the 509 parking spaces are available in the surface parking lots. As such, the proposed Famsa expansion project will not adversely impact the parking conditions at Santa Ana Downtown Plaza. The proposed on-site parking supply of 505 spaces is forecast to adequately accommodate future parking demands on both a weekday and weekend day. EXHIBIT 0 55A-42 Engineers & Planners Traffic Transportation Parking Linscott, law & Greenspan,Engineers 1580 Corporate Drive Suite 122 Costa Mesa, CA 92626 714.641.1587 T 714.641.0139 F www.llgengineers.com Pasadena Costa Mesa San Diego Las Vegas Philip M. Linscott, PE 11924-2000) Jack M. Greenspan, PE William A. law, PE IRot) Paul W. Wilkinson, PE John P. Keating, PE David S. Shender, PE John A. Boarman, PE Clare M. look-Jaeger. PE Richard E. Barretto, PE An lG2WB Company Founded 1966