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Mr. William Rothacker,,Tr. <br />April 13, 2016 <br />Page 5 <br />experience for the customers, as well as allowing the most desirable parking spaces to <br />be accessed by the customers rather than the employees. <br />SUMMARY OF FINDINGS AND CONCLUSIONS <br />Target Center is an existing '165,631 square -foot (SF) mixed -use center located <br />in Santa Ana, California and is supported by an inventoried parking supply of <br />727 spaces. As part of the '.Project Sprites 3390 and 3392 will be reduced in size <br />to accommodate outdoor seating area. This reduction results in a total building <br />square footage for the center of 167,017 SF. In addition, due to site <br />modifications the proposed parking supply total 711 spaces. At the time of our <br />pan-king demand field study, the center had a current occupancy of 159,325 SF <br />and a vacancy of 9,306 SF. <br />2. Direct application of City parking codes to the existing and proposed mix of uses <br />of Target Center results in a total parking requirement of 1,012 parking spaces. <br />With a parking supply of 711 spaces, a code deficiency of 301 spaces is <br />calculated. <br />3. Given the mix of center tenancies, a shared parking analysis has been prepared and <br />compared to the parlcing supply for Target Center. The weekday scenario results in <br />a maxintumr shortfall of 235 spaces and the weekend scenario results in a maximum <br />shortfall of 210 spaces. <br />4. A "blended" analysis of actual parking demand for existing occupancies and a <br />shared parking approach for proposed uses indicates that the future minhuuna <br />functional surplus at Target Center will be much greater. For the proposed tenancy <br />mix, the weekday (Thursday and Friday) and weekend day (Saturday) condition is <br />forecast to have a surplus of at least 202 spaces. Hence, it is concluded that <br />adequate panting is provided on site to accoirnnodate the proposed tenant mix. The <br />"blended" analysis template developed in this study is the recommended <br />methodology for evaluating any further tenancy or floor area adjustments to the on- <br />going operations of Target Center, <br />5. Based on a functional capacity of 90% parking utilization for the Center, which <br />equates to a 640 - parking space peak parking demand, an additional 23,000 SF of <br />existing retail use could theoretically be converted to food service /restaurant use <br />without exceeding the functional parking capacity of the Center. This would <br />result in a combined total of up to 47,500 SF of proposed restaurant use. <br />31 B -19 <br />