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Mr. Jonathan Kohn <br />January 27, 2011 <br />Page 8 <br />the Saturday peak demand for bank uses occurs between 11:00 AM and 12:00 PM. <br />The peak-parking ratio for bank uses exactly equals the City's Parking Code <br />requirement of 4 space per 1,000 SF plus 2 spaces per automatic teller machine. <br />Application of Shared Parking Methodology <br />Tables 3 and 4 present the weekday and weekend parking demand for the Metroplace <br />based on the shared parking methodology assuming full occupancy of center <br />including a 42,770 SF health club and 6,600 SF of additional restaurant/food uses <br />within the vacant floor area of the 1" floor of the Project. Columns 1 through 6 of <br />these tables present the parking accumulation characteristics and parking demand of <br />the Metroplace for the hours of 6:00 AM to midnight. Column 7 presents the <br />expected joint-use parking demand for the entire site on an hourly basis, while <br />Column 8 summarizes the hourly parking surplus/deficiency for the existing retail <br />center compared to a proposed parking supply of 655 spaces. <br />Based on our experience, the shared parking approach summarized in Tables 3 and 4 <br />are believed to be the most appropriate in evaluating the parking supply-demand <br />relationships for the Metroplace. The results in these tables are the focus of this <br />parking investigation and recommendations. <br />Shared Parking Analysis Results <br />Review of Table 3 shows that the peak-parking requirement for the Metroplace <br />during a weekday occurs between at 6:00 PM and totals 608 spaces. On a weekend <br />day, the peak parking requirements for the project occurs at 5:00 PM, when a parking <br />demand of 579 spaces is forecast (see Table 4). <br />Based on a proposed parking supply of 655 spaces, a surplus of 47 spaces and 76 <br />spaces would result during the weekday and weekend peak hours, respectively. <br />Consequently, we conclude that there is adequate parking on site to accommodate the <br />proposed occupancy of 42,770 SF of vacant floor area with a health club. <br />Figures 3 and 4 graphically illustrate the Shared Parking demand profile under <br />weekday and weekend conditions, respectively. Each land use component and its <br />corresponding hourly Shared Parking demand, which were summarized in Tables 3 <br />and 4, are depicted in these two figures relative to a shared parking supply of 655 <br />spaces. <br />Append& A contains the shared parking analysis calculation worksheets for this <br />weekday and weekend day parking scenarios. <br />75A-29