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From Table 3, the total estimated peak period demand for the site as a whole is 317 parking spaces, The Eno Foundation's Parking document indicates that the actual supply of parking should be 10 percent greater than the estimated demand. Such additional supply will provide reserve capacity to allow for cruising vehicles in search of a space, for snow storage and for other factors that cause inefficiencies. With the 10 percent factor, the total parking supply needed is 349 spaces (317 multiplied by 1.1). Based on the parking review and the calculations presented in this report, the minimum number of parking spaces that should be provided on the site upon completion of the proposed redevelopment is 349 spaces. The current site plan shows a total of 408 parking spaces. Thus, the current site plan will provide adequate parking supply to meet the projected demand upon completion ofthe proposed redevelopment. ii, Relatively high parking demand near south end of site, We understand from comments raised at the Planning Commission meeting on August I that parking demand near the south end ofthe site is greater than elsewhere on the site, To determine whether the current site plan would provide adequate parking supply in this area, we reviewed the proposed supply and projected demand south ofthe driveway on Lexington A venue, As per the current site plan presented in Figure I, the total parking supply in that area is 86 spaces. For uses in the existing retail building that are south of the driveway on Lexington A venue and assuming 100 percent retail for the proposed building C, the total parking demand in this area is 147 spaces. Thus, for the area south of the driveway on Lexington Avenue, the parking demand would be 61 spaces greater than the proposed supply, This shortage in parking supply is addressed as follows: o The developer presently is revising the site plan to accommodate the 14,300 square feet for building C in a two-story building. This is different from the plan shown in Figure I, which shows a one-story building. This change will reduce the footprint for this building and, thereby, provide more space for parking. Specifically, this change will increase the parking supply in the south area by about 37 spaces, to 123 spaces. o As indicated earlier, we assumed 100 percent retail for building C to be conservative in our traffic and parking projections, Based on recent discussions with the Developer, we understand that only 50 percent of building C will be retail and the remaining 50 percent will be office space, The peak demand for retail uses typically occurs in the evenings and on weekends when the parking demand for office is virtually zero. With 50 percent office, the peak demand for the area south of the driveway on Lexington Avenue will only be 126 spaces. With greater parking supply due to reduced footprint for building C, the total number of spaces in the area south of the driveway on Lexington Avenue will be 123. With 50 percent of building C being retail, the total demand in that area will be 126 spaces. Thus, it is expected that the current site plan with the changes to building C will provide adequate parking supply near the south end of the site upon completion of the proposed development. 15