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Ms. Kellee Preston <br />October 17, 2012 <br />Page 7 <br />Figure 4 shows the hourly parking demand for the Project when the auditorium is used as a <br />theater for both weekdays and weekends. As shown, the parking demand patterns and off -site <br />parking needs are similar to the results above. <br />Special Events <br />As shown in Table 6, with full occupation of the Project during special events, the following <br />Center - related peak parking demand is projected: <br />Day Time Projected Demand <br />Weekday 1 PM 656 spaces <br />Weekend 2 PM 606 spaces <br />The projected peak parking demand of 656 spaces includes 573 customer spaces and 83 <br />employee spaces. Thus, given an on -site supply of 182 spaces, an additional 474 parking <br />spaces are needed to accommodate the peak demand. <br />FUTURE PARKING SUPPLY <br />A portion of the existing on -site parking areas closest to the existing Center (i.e., Area A) will be <br />removed due to construction of the Project. At completion, the Center will provide 182 on -site <br />parking spaces. <br />COMPARISON OF FUTURE PARKING DEMAND AND SUPPLY <br />With occupancy of the full Project and the auditorium used as exhibit space, the proposed on- <br />site parking supply of 182 spaces and peak parking demand of 384 spaces will result in a <br />potential shortfall of 202 parking spaces. With occupancy of the full Project and the auditorium <br />used as a theater, the proposed parking supply of 182 spaces and peak parking demand of 400 <br />spaces will result in a potential shortfall of 218 parking spaces. During special events, the <br />proposed on -site parking supply will result in a potential shortfall of 474 parking spaces. <br />Tables 7 and 8 provide a summary of the off -site parking spaces available in the Wells Fargo <br />parking lot and the Citibank parking garage, both within walking distance (a quarter -mile) of the <br />Center and can be used to accommodate the Project's peak parking demand. <br />It is recommended that the Center implement a Parking Management Plan (PMP) to manage <br />peak parking demands, increase parking supply during peak periods, improve parking <br />efficiencies, and minimize potential parking- related impacts on the surrounding neighborhood. <br />Parking demand management measures could be structured in three steps: maximize the use <br />of the on -site parking areas, seek potential shared parking opportunities and, ultimately, identify <br />and secure off -site parking. A summary of parking strategies to provide additional parking <br />spaces for the Center during peak periods is provided in Table 7 for weekdays and Table 8 for <br />weekends. A summary of the parking strategies implemented is provided below. <br />75A -26 <br />