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Jeremy Ogulnick August 5, 2020 Page 6 • Exercise gym, spas, health clubs, etc.: 1 space for each 180 SF of floor area devoted to physical activity other than racquetball or handball (exclusive of locker rooms, shower facilities, utility rooms and ancillary public areas).' Retail/Commercial Parking Supply Based on review of Table 1, parking for the retail/commercial component of the Project will be provided via combination of structured parking and surface parking. As shown, a total of 327 "I't access" spaces will be provided, which will be supplemented by an additional 12 "2°d access (tandem)" spaces provided within the Project's parking structures, and 61 "valet/valet assist" spaces for a total supply of 400 stalls (327 + 12 + 61 = 400). City Code Parking Requirements Assuming 80,000 SF of retail space, the Project's retail/commercial parking supply of 400 spaces would satisfy the City code requirement of 400 spaces. However, when applying the City's parking ratios to the Project's potential mix of 38,000 SF of retail space, 30,000 SF of restaurant/food uses, and a 12,000 SF health/fitness club, a code parking requirement of 463 parking spaces is calculated. With a proposed retail/commercial parking supply of 400 spaces, a shortfall of 63 spaces is forecast when compared to City requirements. Shared Parking Analysis To validate the adequacy of the proposed retail/commercial parking supply of 400 spaces with the Project's proposed mix of uses/tenants, a shared parking analysis has been prepared based on the utilization profile of each included land use component. The following section calculates the parking requirements for Project based on the shared parking methodology outlined in ULI Shared Parking, 2"d Edition. The specific tenancy mix of the Project provides an opportunity to share parking spaces based on the utilization profile of each included land use component. The parking ratios identified above have been used directly for incorporation into a shared parking analysis consistent with the methodology outlined in the Urban Land Institute (ULI) and published in Shared Parking, 2"d Edition. Based on the results of this shared parking assessment, the adequacy of the Project's retail/commercial component parking supply of 400 spaces can be determined. Since the floor plan for the proposed health club is unknown at this time the physical activity area is assumed to be 50% of the GFA. 7 /h- N'.\4200�2204D4-The Bowery, Santa Ma ,.ftk2]4 The Wam RedhillR 15ed5QWdQllll�M4 ana,e tP1an 08-05-2020. doer