31B - VARIANCE - 3300-3398 S BRISTOL

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Mr. William Rothacker, Jr. April 13, 2016 Page 2 Our method of analysis, findings, and reconunendations are detailed in the following sections of this report. Briefly, we find the following: • Inventoried existing parking supply on die site totals 727 spaces. However, due to site modifications, the proposed parking supply totals 711 spaces, • Existing weekday and weekend (August 2015) peak parking demands at the site totals 335 spaces and 323 spaces, respectively. • A "code" calculation for full occupancy levels requires 1,012 spaces, resulting in a theoretical deficiency of 301 spaces. • Also assuming fill furture occupancy upon completion of the Project a theoretical shared parking analysis using City code ratios along with ULI parking profiles yields a theoretical peals weekday parking demand of 946 spaces that when compared to the 711 provided spaces results in a shortfall of 235 spaces; the theoretical peak weekend parking demand totals 921 spaces, which results in a shortfall of 210 spaces. A "blended" calculation using actual demands for existing uses and shared parking for hill occupancy of any otherwise vacant space, inclusive of the proposed changes, puts the expected peak weekday utilization at 509 spaces at 12 :00 PM, resulting in a minimum functional surplus of 202 spaces. The peak overall blended parking demand on a Saturday are forecast at 473 spaces at 12:00 PM, for a unnimuna functional surplus of 238 spaces. • The ntix of site uses and the 95% occupancy rate clearly support the basis for application of the "blended" survey /shared parking methodology. • Consequently, it is concluded that there is adequate parking on site to acconmtodate the proposed re- occupancy of 24,800 SF of vacant and existing retail space at the Target Center with food service /restaurant uses. PROJECT LOCATION AND DESCRIPTION Target Center is located on the southwest quadrant of Bristol Street and Alton Avenue in the City of Santa Ana, California. Figure 1, located at the rear of this letter report, presents a Vicinity Map, which illustrates the general location of the Project site in the context of the surrounding street system. Figure 2 presents the proposed site plan and parking areas. Target Center is an existing 168,595 SF mixed -usc center with 727 parking spaces and a current occupancy of '159,289 SF (9,306 SF of vacancy). As part of the Project Suites 3390 and 3392 will be reduced in size to accommodate ouldoor sealing area. This reduction results in a total building square footage for the center of 166,981 SF. 31 B -13