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Mr. Robert Bisno October 3, 2017 Page 8 demand against the 53 guest parking spaces to be provided by the Project corresponds to a surplus of 5 spaces. Given these results, we conclude that the proposed parking supply of 445 spaces is adequate to accommodate the Madison Mixed -Use Development anticipated parking needs. PARKING MANAGEMENT PLAN To ensure adequate parking is provided for both guests and resident of the Project, it is recommended that a Parking Management Plan (PMP) be prepared that outlines the proposed allocation of on-site parking supply, along with key parking management strategies, to maximize the availability of parking for the various user groups associated with the Madison Mixed -Use Development project. Parking Management Plan Measures Subject to review by the Project proponent and the City, the PMP measures described below could be considered for implementation by the Project: ❑ The PMP should restrict residents from parking in non-resident spaces. ❑ The PMP should help develop the framework for a detailed parking agreements between the leasing office and the tenants. 1. Provide signage to indicate which spaces on the ground floor are to be assigned for prospective resident tenant or short-term parking for the retail component of the Project, as determined by the leasing office/property management company. 2. Provide signage to indicate that location and number of parking spaces allocated for resident guest usage; also identify that these spaces can also be used by patrons of the retail business. 3. Direct employees of the leasing office and retail business to use the unassigned parking spaces. 4. Provide signage at the resident vehicular gate on Level P1 to indicate "Resident Parking Only". 5. Establish a program which would require residents to register their vehicle (and provide their vehicles' license plate numbers), and pick up a gate card -key. They should be given written parking regulations and a parking map with key allocations to restrict them from parking in non-resident areas at any time, and require that they inform their guests where to park. 6. To maximize the use the Project's tandem (2°d access) spaces, 44 of the tandem spaces should be designated to each of the 44 two bedroom units, while 8 of the tandem spaces should be assigned to the 4 three bedroom units and 4 live/work units. The remaining 11 of the 63 tandem spaces should be made available and V3700 2163755 -1 he %Tadiwn, Smrta Ana Parking Smdy,Re)o 1'33755 The Madnni Parking Study 10-1-1 Zdoc 75A-57