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Memorandum: 2525 Main <br />Parking Analysis <br /> <br />D:\PROJECTS\RE - 2525 MAIN STREET\PARKING ANALYSIS\PARKING 270\PARKING MEMO_REV1.DOCX 2 <br />  <br />  the transportation solutions company...General Plan Circulation Element. The City’s General Plan acknowledges that while adequate supply of parking is essential to the <br />economic success of businesses, parking needs should be evaluated to determine needed changes based upon changing circumstances <br />in land use patterns and the public’s mode of travel. Policy 7.4 of the General Plan Circulation Element also states that parking <br />requirements be re-evaluated and updated on a regular basis. It should be noted that the City’s parking ratios are from 1997 and are <br />over 20 years old. With changes in demographics, increased transit, and increased uses of active transportation modes in the City, an <br />update to the parking standards is needed. <br />Parking Study & Rate Calculation. Translutions surveyed two similar facilities in the area to identify parking generation factors for <br />similar multi-family residential projects. The two facilities surveyed are Nineteen01 and The Marke. Both properties are similar to the <br />proposed project in terms of rents, target population, apartment types, and amenities. <br />Nineteen01 is located at 1901 East First Street in the City of Santa Ana and has 254 units. The unit breakdown for Noneteen01 is as <br />follows: <br /> 1 Bedroom - 123 units (48.4%) <br /> 2 Bedroom - 125 units (49.2%) <br /> 3 Bedroom - 6 units (2.4%) <br />The Marke is located at 100 E MacArthur Boulevard in the City of Santa Ana and has 300 units. The unit breakdown for Noneteen01 is <br />as follows: <br /> 1 Bedroom - 155 units (51.7%) <br /> 2 Bedroom - 131 units (43.6%) <br /> 3 Bedroom - 14 units (4.7%) <br />To identify parking demand for the two projects, Translutions contracted with Counts Unlimited, Inc. to conduct a parking occupancy <br />survey for the two facilities identified above. The surveys were conducted on one weekday (Thursday) and one weekend day (Saturday) <br />in April 2018 for a period of 24 hours. Table B shows the findings of this analysis. Detailed parking accumulation data is included in <br />Attachment A. <br />Table B: Parking Survey Summary <br />Survey Location Units Day of Week Parking Parking <br />Nineteen01 254 Peak Weekday 344 1.354 <br /> Peak Weekend 342 1.346 <br />The Marke 300 Peak Weekday 230 0.767 <br /> Peak Weekend 193 0.643 <br />Average Demand (Weekday) 1.060 <br />Average Demand (Weekend) 0.995 <br />Peak Parking Demand Per Unit (Weekday & Weekend) 1.354 <br />Project Maximum Parking Demand (270 Units) 270 366 <br />As seen on Table B, the peak weekday parking demand is 1.354 spaces per unit observed at Nineteen01. The peak weekend parking <br />demand is 1.346 spaces per unit observed at Nineteen01. Therefore, the peak parking demand based on empirical data occurred at <br />Nineteen01, at the rate of 1.354 parking spaces per unit. <br />Parking Needs for Proposed Project. Applying the peak parking rate based on empirical data, the peak parking demand for the <br />proposed project is anticipated to be 366 spaces. The project will include 539 parking spaces, which is approximately 32% more than the <br />number of spaces forecast based on empirical data. <br />Shared Parking Analysis. Shared parking is based on the use of a single parking space to serve two or more individual land uses <br />without conflict or encroachment. The ability to share parking spaces is the result of variations in the accumulation of vehicles by hour at <br />the individual land use and the relationship among the land uses that result in visiting multiple lands on the same auto trip. A shared <br />2-534