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Mr. Eric A. Nelson <br />September 16, 2013 <br />Page 8 <br />functional surplus of 88 spaces. Consequently, we conclude that there is adequate <br />parking on site to accommodate the proposed occupancy of 18,600 SF of vacant floor <br />area with a Planet Fitness health/fitness club. Appendlr U contains the weekday and <br />weekend day shared parking analysis calculation worksheets. <br />Based on LLG's experience, the results presented in Tables 5, 6 and 7 represent the <br />most pragmatic approach to future parking conditions. <br />SUMMARY OF FINDINGS AND CONCLUSIONS <br />Floral Park Promenade is an existing 76,000 square-foot (SF) mixed-use center <br />located in Santa Ana, California and is supported by an inventoried parking <br />supply of 366 spaces. At the time of our parking demand field study, the business <br />park had a current occupancy of 50,305 SF and a vacancy of 25,695 SF. The <br />current mix of uses/tenants has been re-confirmed by Red Mountain Retail <br />Group, Inc. <br />2. This parking demand analysis evaluates the existing tenancy condition as well as <br />with full occupancy of the center and a proposed Planet Fitness health/fitness <br />club within 18,600 SF of vacant retail-designated floor area <br />3. Direct application of City parking codes to the existing and proposed mix of uses of <br />Floral Park Promenade results in a total parking requirement of 719 parking spaces. <br />With an existing parking supply of 366 spaces, a code deficiency of 353 spaces is <br />calculated. <br />4. Given the mix of center tenancies, a shared parking analysis has been prepared and <br />indicates that the proposed parking supply for Floral Park Promenade will be <br />sufficient to meet the projected peak parking demands of existing and proposed <br />uses, including the proposed fitness club. The weekday scenario results in a <br />minimum surplus of 22 spaces. The shared parking template developed in this study <br />is the recommended methodology for evaluating any further tenancy or floor area <br />adjustments to the on-going operations of Floral Park Promenade. <br />5. A "blended" analysis or actual parking demand for existing occupancies and a <br />shared parking approach for proposed uses indicates that the future minimmn <br />fimctional surplus at Floral Park Promenade will be much greater. For the proposed <br />tenancy mix, the weekday and weekend day (Thursday, Friday and Saturday) <br />condition is forecast to have a surplus of at least 88 spaces. Hence, it is concluded <br />31 C-23