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Mr. Gregg Berwin <br />June 9, 2014 <br />Page 8 <br />Table 4 depicts a comparison of the calibrated model to the surveyed parking utilization data <br />collected in May 2014. As shown, the calibrated model predicts MPM parking demand to be a <br /><1.7% difference with the parking demand observed at the time of the surveys. <br />A future condition shared parking model was prepared for MPM, based on this calibration. <br />PROJECT CONDITIONS <br />Two factors are integral to the Project conditions: the complete occupancy of all retail space at <br />MPM and the proposed Project. <br />As described above, the shared parking model of MPM was calibrated to existing occupancy <br />conditions (at the time of the surveys). The existing occupancy level of the retail space at MPM <br />was determined to be 81 %; for the purposes of this analysis, the Project conservatively assumes <br />filling the retail space to a 100% occupancy level at MPM. The ULIIICSC parking demand rates <br />are developed from a national database; to the extent that an included center is not fully <br />occupied ( <100% occupancy), it is reflected in the parking demand rate. This is consistent with <br />industry practice, where shopping centers are not typically 100% occupied. <br />As detailed in the Project description, the Project proposes reconfiguring the vacant anchor store <br />to provide a bowling alley, health club, a fast -food restaurant, restaurant floor area, and retail floor <br />area. For the purposes of the shared parking analysis', the Project and MPM consists of the <br />following components: <br />• Retail — 946,884 sf <br />• Restaurant — 54,888 sf (including 7,019 sf patio area) <br />• Fast Food — 5,455 sf (including 625 sf patio area) <br />• Cinema — 1,700 seats (total 42,796 sf) <br />• Bowling Alley — 38,618 sf (total), including: <br />0 20 bowling lanes <br />0 21,240 sf ancillary entertainment space <br />• Health Club — 42,207 sf <br />The Project and full occupancy of MPM was combined and tested to determine the peak parking <br />demand of this land use combination. Tables 5A and 5B and Figures 3A — 3C detail the results of <br />the parking demand projections. Similar to the existing conditions, the peak month of parking <br />demand is projected to occur in December. The overall peak weekday demand of 3,212 spaces is <br />projected at 1:00 PM and the peak weekend demand of 4,852 spaces is projected at 4:00 PM. <br />Again, these parking demand estimates represent the peak hour of the peak day of the peak <br />month. <br />7 The shared parking analysis takes into account all floor area associated with each use. As such, restaurant and <br />patio space are combined and included in the shared parking analysis. <br />31 C -25 <br />