HomeMy WebLinkAboutAppendix O - Parking Reference Letter 05-05-2020 Real Estate Management Specialists, Inc.
Real Estate Management, Consulting& Training
282 Fourth Avenue WN,Kalispell,Montana 59901
Phone 406-755-0961•Fax 406-758-6891
April 16, 2020
City of Bozeman
121 Rouse Ave
Bozeman, MT 59715
RE: Perennial Park Parking Ratio
To Whom it May Concern,
Perennial Park is a senior affordable housing complex being developed by GMD Development. It will be income and age
restricted for seniors 55+. My company has experience managing the Starner Gardens apartments in Billings Montana, a
very similar community that has a similar unit mix, project size, income restriction and age restriction.That property was
also developed by GMD Development and opened in 2019.
Starner Gardens was developed with a 1:1 parking ratio. Of the 33 residents currently living at Starner
Gardens, all have 1 vehicle, with the exception of 1 resident. Residents are allowed 1 vehicle per unit and
parking stalls are provided on a first come first serve basis with no assigned stalls. We have found that a 1:1
parking has been adequate for the development and we have not received any complaints from residents who
have two cars. Additionally, my company provides management services to several age restricted
communities in Montana, and in all cases the parking ratio is 1:1 or less, with no parking complaints.
Another consideration is that the average person residing an age and income restricted property is retired,
and in many cases a single occupant, making the need for more than a 1:1 parking ratio moot.
As a result, we believe that a 1:1 parking ratio will be more than sufficient at Perennial Park.
If you have any questions, you can reach me at 406-755-0961 or 406-250-0198 at any time.
Sincerely,
b8mkN-
Karen D. Burkett, CPM
President
"An Equal Housing Opportunity Provider"