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<br /> SA <br /> Page 12 <br />DOW"NTOW"N'S <br />PARKING SITUA TION <br />In order to understand what Downtown's parking requirements should look like, we must <br />understand what they need to do. Do we need to build our way out of a parking deficit? Do we <br />have a large surplus of parking spaces that can support future growth? Or do we have a balance <br />between supply and demand which must be maintained?, <br />The Current Parking Situation <br />In the Downtown area there is a parking supply of 6,135 spaces, of which 1,229 spaces are City- <br />operated on-street spaces. The City operates another 1,627 spaces in off street-facilities <br />(including the new Jefferson Garage). In addition there are 1,674 spaces operated by other <br />governmental agencies and at least 1,605 operated by private entities. <br />City-Controlled Downtown Parking <br /> 1,229 <br /> 590 <br /> 204 <br /> 102 <br /> 285 <br /> 151 <br /> 51 <br /> 139 <br /> 53 <br /> 52 <br /> 2,856 <br />Currently, this system is underused and is more than enough for our needs. At our peak of <br />activity, which is 1 :00 P.M. on weekdays, only 69% of those spaces are occupied. During the <br />dot-com craze, that figure was 78%, which was still far below the 85% that is considered ideal. <br />Current Average Downtown Parking Occupancy During Fridays at 1 :00 P.M. <br />Public and Private Parking <br /> Number of <br /> Total Spaces Occupancy <br />Area Spaces Occupied Rate <br />On-Street, Broadway 87 85 98% <br />On Street, All 1,229 853 69% <br />City Lots and Garages 752 469 62% <br />Other Public Lots and Garaaes 878 508 58% <br />Private Lots and Garaaes 1,605 992 62% <br />Downtown Totals 4,464 2,822 63% <br />'P:~e 5 <br /> --_...---~- -, _....~... ,...__.,-,..__...~...._,-_. -.. -_.. '-.- .._-_..,.._--_.._~.._--._--- .-,-'--. <br /> - - <br />