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Bristol Speedwash, Inc. January 29, 2015 Page 6 following section calculates the parking requirements for the South Coast Speedwash mixed -used building based on the shared parking methodology approach. SHARED PARKING ANALYSIS Given the mixed use nature of the Project, there is an opportunity to share parking spaces based on the utilization profile of each land use component of the Project. For example, the parking spaces allocated by City Code for the retail and restaurant use may be shared between each other. According to the Urban Land Institute's (ULI's) Shared Parldnng 2°d Edition publication, shared parking is defined as parking space that can be used to serve two or more individual land uses without conflict or encroachment. The ULI Shared Parking publication provides hourly parking accumulation rates for office, retail and restaurant uses expressed as a percentage of the peak demand for the day. Shared Parking Rationale and Basis Accumulated experience in parking demand characteristics indicates that a mixing of land uses results in an overall parking need that is less than the sure of the individual peak requirements for each land use. Due to the rnixed -use characteristics of the proposed Project, opportunities to share parking can be expected. The objective of this shared parking analysis is to forecast the peals parking demand for the proposed Project based on the combined demand patterns of different land uses at the site. Shared Parking calculations recognize that different uses often experience individual peak parking demands at different times of clay, or days of the week, or even months of the year. When uses share a common parking footprint, the total number of spaces needed to support the collective whole is determined by adding parking profiles (by time of day, week, and year), rather than individual peals ratios as represented in the City of Santa Ana Municipal Code. There is an important common element between the "parking cone" of local jurisdictions and the Shared Parking calculation methodologies; the peak parking ratio, or "highpoint" for each land use's parking profile, typically equals the "code" parking ratio for that use. The analytical procedures for Shared Parking Analyses are well documented in the Shared Parking, 2W Edition publication by the Urban Land hlstitute (ULI). The ULI methodology allows the analyst to consider factors such as the mode of arrival at the site (automobile or other modes such as transit or walking) and also the potential for internal capture within the site. The ULI shared parking publication 31 C -31