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2-4 2.4 Shared Parking Results Since the peak parking demand for each land use occurs at a different hour, and also varies by month and day of the week, the peak parking demand is not solely determined by adding the individual peak parking requirements for each land use. As with most hotels and restaurants, it is expected to have a small percentage of captive trips between users within the development, which further reduces the parking demand. This analysis utilized internal capture and modal adjustments that are conservative compared to the recommendations found in the ULI Second Edition Shared Parking Manual. The ULI recommended rates are provided in Appendix B. A non-captive parking ratio of 100% was utilized for hotel visitors and 70% for restaurant/lounge visitors. The parking demand is reduced due the fact that multiple land uses are visited while parking only once. It is customary and standard practice to assume a non-captive ratio for hotels and restaurants/lounges in mixed- use hotel complexes. Furthermore, a modal adjustment of 85% was calculated for employees at all uses. Therefore, 15% of the employees are utilizing public transit, taxi, carpool, etc. and are not parking on site. The modal adjustment takes into account alternative transportation from a single occupancy vehicle to and from the site. This study finds that the time period on weekends in June resulted in the highest peak parking demand during the year for the overall site. The computer output datasheets for the various months are included in Appendix C and a summary of the peak parking demand for the peak month is included in Table 2. As shown in Table 2, based on the conservative analysis performed, the maximum parking demand on weekdays is forecast to be 115 parking spaces. The forecast peak parking demand on weekends is 120 parking spaces. 5-45