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HomeMy WebLinkAbout11_ParkingNarrative_08172021PARKING NARRATIVE BLOCK 3.4 THE HENRY SPR SUBMITTAL THE HENRY | BLOCK 3.4 | LOTS 1-6 OF BLOCK 3 OF BEALL’S THIRD ADDITION SECTION 07, PLAT C-44-A PARKING NARRATIVE Building 3.4 includes 44 residential units and 45 below-grade structured parking stalls. Figure 1 shows the base residential parking requirements and calculations for parking reductions for on-street parking and transit availability resulting in a requirement for 34 off-street parking stalls. Figure 2 shows a summary of residential parking required versus off-street parking provided. The 11 stalls above the parking requirement will be used to support other uses in the North Central Master Plan. Figure 2. Building 3.4 Parking Summary Figure 1. Building 3.4 Residential Parking Requirement Four bike parking spaces are required (10% of base parking requirement of 44 stalls before reductions) and 66 are provided. Building 3-4 Building 3.4 includes 44 residential units and 45 below-grade structured parking stalls. Figure 21 shows the base residential parking requirements and calculations for parking reductions for on-street parking resulting in a requirement for 39 off-street parking stalls. Figure 21. Building 3.4 Residential Parking Requirement BUILDING/SITE LAND USE NET SQFT/UNITS (85% OF GROSS SQ FT) PARKING REQUIREMENT (PER UNIT) BASE RESIDENTIAL PARKING REQUIRED ON-STREET REDUCTION RESIDENTIAL PARKING REQUIRED W/ ON-STREET REDUCTION TOTAL RESIDENTIAL REQUIREMENT BUILDING 3.4 RESIDENTIAL 44 1 44 (5.00)39.00 39 | RC 1 August 2, 2021 | 1 North Central Master Plan Shared Parking Summary for the Medical Arts Campus and AC Hotel Overview Land uses at the Medical Arts Campus (Medical Arts) are being phased out as redevelopment occurs in the North Central Master Plan (North Central). In the beginning of 2022 Medical Arts will be required to provide 41 parking stalls (See the Medical Arts parking summary in the North Central Master Plan submittal for more detail). In addition, 80 off-site parking stalls are being provided within North Central for the AC Hotel that will ultimately be provided in the parking garage at Block 4. Prior to the completion of the Block 4 parking garage, parking will be provided for Medical Arts and the AC Hotel at Mountainview East in a temporary surface parking lot with 80 stalls. The 24-stall surface parking lot in the northwest corner of Medical Arts will remain for a total of 104 parking stalls for Medical Arts and the AC Hotel. Shared Parking Parking demand for a hotel and office/commercial uses work well for shared parking because peak demand occurs at different times. Peak parking demand for a hotel typically occurs in the evening and for office/commercial uses between 8am and 5pm Monday through Friday. Therefore, a portion of the 80 stalls for the AC Hotel can be used by Medical Arts from 8am to 5pm on weekdays. The table in Figure 1 summarizes the shared parking assumptions based on guidance from the Victoria Policy Transport Institute (VTPI) which is an independent research organization on innovative transportation solutions and the Urban Land Institute. Figure 1. Shared Parking Assumptions Urban Land Institute, Shared Parking Third Edition, 2020 M-F M-F M-F Sat. & Sun.Sat. & Sun.Sat. & Sun. 8am-5pm 6pm-12am 12am-6am 8am-5pm 6pm-12am 12am-6am Office/ Warehouse / Industrial 100%20%5%5%5%5% Hotel 75%100%100%85%100%100% Uses PARKING NARRATIVE BLOCK 3.4 THE HENRY August 2, 2021 | 1 SPR SUBMITTAL THE HENRY | BLOCK 3.4 | LOTS 1-6 OF BLOCK 3 OF BEALL’S THIRD ADDITION SECTION 07, PLAT C-44-A | RC 1 August 2, 2021 | 2 Figure 2 shows the parking demand by day of the week and time of day based on the shared parking assumptions in Figure 1. In accordance with Section 38.540.060 of the UDC a maximum of 80% of parking stalls can be shared. Based on the analysis the peak period of parking demand occurs between 8am and 5pm Monday through Friday with a peak demand of 101 stalls. At peak demand the hotel requires 60 stalls (80 x 75%) along with 41 stalls for Medical Arts (41 x 100%). Under the proposal 21.3% of the 80 stalls (17 stalls) for the AC Hotel would be shared with Medical Arts. Figure 2. Shared Parking Demand Framework, 2021 Uses M-F M-F M-F Sat. & Sun.Sat. & Sun.Sat. & Sun. 8am-5pm 6pm-12am 12am-6am 8am-5pm 6pm-12am 12am-6am Office/ Warehouse / Industrial 41 8 2 2 2 2 Hotel 60 80 80 68 80 80 Parking Demand:101 88 82 70 82 82 Parking Supply:104 104 104 104 104 104 % of Hotel Parking that is Shared:21.3% PARKING NARRATIVE BLOCK 3.4 THE HENRY August 2, 2021 | 2 SPR SUBMITTAL THE HENRY | BLOCK 3.4 | LOTS 1-6 OF BLOCK 3 OF BEALL’S THIRD ADDITION SECTION 07, PLAT C-44-A | RC 1