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Mr. Gregg Berwin <br />June 9, 2014 <br />Page 9 <br />Analysis <br />The 4,940 -space future parking supply at MPM would be able to meet the projected 4,852 -space <br />peak parking demand, during December weekend afternoons. Figures 3A and 3B show that the <br />overall peak parking demand is only reached on weekends in December, with approximately 88 <br />spaces remaining and available for use. <br />Similarly, the parking supply can also adequately meet the weekday and weekend demands <br />projected throughout the year; during the non - holiday period (January through November), a <br />minimum of 1,095 spaces are available for use at any given time on a weekday or weekend. As <br />illustrated in Figure 3C, the overall peak parking demand ( >90 %) is projected to occur over a six - <br />hour period (1:00 PM through 6:00 PM) on a December weekend. <br />The December weekend parking surplus identified above (88 spaces) implies that additional <br />parking capacity is available at MPM. This parking surplus could support the additional conversion <br />of approximately 29,000 sf of retail spaces into restaurant space. As described above, there are <br />additional restriping opportunities at MPM that could provide additional parking capacity. <br />COMPARISON TO OTHER CENTERS <br />The table below details the parking supply ratios provided at other comparable superregional <br />shopping centers; these centers are of a similar size and type of activities offered (i.e., dining, <br />entertainment, retail, and services). <br />Center <br />Location <br />Total <br />Floor <br />Area <br />Parking <br />Supply <br />Parking <br />Ratio <br />Westfield Culver City <br />Culver City <br />1,061,687 <br />4,292 <br />4.0 s /ksf <br />Westfield UTC <br />La Jolla <br />1,109,116 <br />4,500 <br />4.1 s /ksf <br />Westfield Santa Anita <br />Arcadia <br />1,475,916 <br />6,203 <br />4.2 s /ksf <br />Westfield MainPlace <br />Santa Ana <br />1,130,520 <br />4,940 <br />4.4 s /ksf <br />The Outlets at Orange <br />Orange <br />757,000 <br />3,502 <br />4.6 s /ksf <br />Brea Mall <br />Brea <br />1,520,998 <br />7,159 <br />4.7 sp /ksf <br />As shown, MPM and the Project would provide parking at a rate of 4.4 spaces per 1,000 sf, which <br />is within the range of parking ratios provided at other superregional centers. <br />SUMMARY AND CONCLUSION <br />A shared parking model was developed for MPM and calibrated to reflect the actual operating <br />conditions and patterns at the shopping center. Both the existing and proposed land use plans <br />were analyzed using conservative assumptions to project the peak parking demand and the ability <br />of the parking supply to meet this demand. <br />31 C -26 <br />