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<br /> SA <br /> Page 46 <br />Plan (as currently proposed) would allow under a full build-out scenario. The entertainment <br />number was created by staff, and is intended to represent all entertainment uses that may be <br />created during the life of the parking plan. This number is probably very high, but due to the <br />entertainment peak coinciding closely with the restaurant peak, it is a conservative approach to <br />use a high number for entertainment because it inflates the number of spaces needed. These <br />figures are intended to represent new development AFfER the completion of "On <br />Broadway," thereby excluding both "On Broadway" and current land uses., The numbers <br />used in the calculation were: <br /> Amount of New Development <br />Land Use Possible Based on Market <br /> Analvsis <br />Office 600,000 SQuare feet <br />Retail 40,000 sQuare feet <br />Restaurant 74,000 sQuare feet <br />Entertainment 1,000 seats <br />The amount of each use was multiplied by the ULI parking ratios to come up with a peak parking <br />demand, and then the peak parking demand was applied to the ULI shared parking rates for each <br />hour of the day to determine how many spaces would be needed for each hour. The total number <br />of spaces needed for each hour was then divided by the total square footage of development to <br />come up with a figure for the number of spaces needed per 1,000 square feet for each hour of the <br />day (far right column). For entertainment uses, the "On Broadway" project was used to calculate <br />the approximate number of square feet per seat (85,000 square feet for 4,200 seats). <br />Based on this calculation, the maximum amount of parking needed would be 4.85 spaces per <br />1,000 square feet for commercial uses. This is based on the standard ULI ratios, which do not <br />take into account transit, mixed-use, walkability, or density. That means that the actual need is <br />lower. This also assumes that all parking is either city-operated or private lots that are open to the <br />public. \ <br /> . <br /> 1>g~e ~9 <br /> -.... .- ,-~. .----..-..- _._------,..".~.-- ~..._,., .....- .,'...---.-. --.---..--,..,,- --.--.--.--- "---.--.-.. ---_. -- <br />. <br />