Laserfiche WebLink
9.A. - Page 36 <br /> CDM <br /> Imith <br /> Memorandum <br /> To: Jessica Manzi, City of Redwood City <br /> From: Terri O'Connor and Ted Huynh, CDM Smith <br /> Date: March 11, 2014 <br /> Subject: Parking Facility Screening Memorandum <br /> This report serves as a screening of locations that could be considered as a site for a new public <br /> parking facility initially discussed with city staff on January 14th, 2014. Based on preliminary <br /> analysis,further discussion with staff on February 20th to refine selection criteria, sites were then <br /> narrowed further; the updated analysis is presented below. <br /> Introduction <br /> In a five-year future post-construction scenario from the parking supply analysis conducted by CDM <br /> Smith in September 2013,a 95-space potential parking shortfall' (based on 85 percent effective <br /> capacity) is projected to occur during the weekday midday,based on the assumption of a decrease <br /> in existing commercial vacancies in downtown Redwood City and conversion of those vacancies to <br /> high-intensity retail and restaurant land uses. This potential shortfall would occur when parking <br /> would also be the most constrained by limited amounts of available public parking supply. <br /> Additional parking supply is necessary to consider and plan for as a result of this potential shortfall. <br /> While the shortfall is based on land use and parking supply changes that are reasonable,they are <br /> still speculative and rely on hypothetical changes in growth and land use that could clearly be <br /> impacted by factors such as changing economic conditions; this means that there is also a potential <br /> that existing supply would still be sufficient in five years during all times of day.According to the <br /> parking supply analysis, other post-construction scenarios should not experience parking shortfalls <br /> during other days or times of day. <br /> Identification of new public parking facility location(s) that could accommodate this anticipated <br /> shortfall is important since downtown Redwood City is currently undergoing significant changes, <br /> including new infill development and adjustments to land uses of already developed parcels. Land <br /> parcels identified as potential parking facility sites would require careful consideration based on <br /> factors identified by City staff and CDM Smith, including: <br /> Downtown Redwood City Parking Supply Analysis,CDM Smith,September 2013. <br /> Parking Facility Screening Memorandum 031114.docx <br />