HomeMy WebLinkAboutWORK SESSION SUMMARY-07/22/2008-Work SessionCity of
F6rt,Collins
Memorandum
DT: July 25, 2008
TO: URA Board of Commissioners
TH: Darin Atteberry, City Manager D
Diane Jones, Deputy City Manager
Jeff Scheick, Planning, Development & Transportation Director
Joe Frank, Advance Planning Director jp1�
IN
FM: Christina Vincent, City Planner
RE: July 22, 2008 URA/CAG Joint Work Session Summary
Board Members Present:
Mayor Doug Hutchinson
Mayor Pro -Tern Kelly Ohlson
Diggs Brown
David Roy
Ben Marvel
Lisa Poppaw
Wade Troxell
Work Session Participants:
Joe Frank, Advance Planning Director
Ken Waido, Chief Planner
Christina Vincent, URA City Planner
Clark Mapes, City Planner
Direction Sought/Question to be Answered:
Advance Planning
281 North College Avenue
PO Box 580
Fort Collins, CO 80522
970.221.6376
970.224.6111 - fax
fcgov.com/advancep/anning
L Does the Board or CAG have any questions or comments on the activities of the
North College Urban Renewal Plan?
2. Does the Board and CAG have suggestions and direction in regards to how to achieve
a successful partnership between the Board and CAG?
3. Does the Board and CAG wish to provide direction to staff on policy issues regarding
the activities of the URA?
City of
F�ortCollins
``�
Council's Direction:
The joint meeting was well received by all members in attendance and it was suggested that a
joint session between the URA and CAG be held annually. The substantive portion of the
session focused on the policy issues and the Board gave direction to pursue and return at a later
date with completed action items.
The Board's action item for using tax increment monies for facades is to develop policy
guideline options to follow for future projects.
The Board's action is to rewrite the policy issue "white paper" regarding the purchase price
guidelines to use tax increment financing on future projects.
The Board's action regarding the capital project plan is two -fold: Prioritize projects and create a
capital list as an addition to the Urban Renewal Plan. Furthermore, update the 2004
improvements project list to reflect today's construction costs.
The Board was comfortable with retaining eminent domain as a tool of the Urban Renewal
Authority but to limit its use to the last possible option.
The Board was interested in the preparation of a relocation plan and to discuss this further. The
law is clear about the responsibilities of the Authority when relocating as a result of eminent
domain. The Board expressed interest in further discussion of a relocation plan that is not
required as part of an eminent domain action.
The Board supported the existing approach that property tax is the primary element for tax
increment revenues and consideration of a sales tax increment would be considered on a case -by -
case basis.
Fort Collins
MEMORANDUM
DATE: July 24, 2008
TO: Mayor and City Council
Advance Planning
281 North College Avenue
PO Box 580
Fort Collins. CO 80522
970.221.6376
970.224.6111 -fax
fcgov. corn/advanceplanning
FROM: Joe Frank, Advance Planning Director
Chip Steiner, Executive Director of the Downtown Development Authority
THRU: Darin Atteberry, City Manager L)
Diane Jones, Deputy City Manager
Jeff Scheick, Director of Planning, &elopment and Transportation
RE: Summary of July 22, 2008 Joint Council/DDA Meeting — Financial Proposal for a
Public/Private Partnership on the Oak/Remington Parking Lot
On July 22, 2008, the City Council and the DDA Board met in a joint work session to discuss a
financial proposal for development of a hotel/mixed use project on the Oak/Remington Parking
Lot in downtown Fort Collins. A summary of comments/direction follows:
1. Requested a copy of the Project's Parking Study (attached)
2. Asked about the need for affordable housing for the low income Hotel workers. Council
suggested that Corporex and City staff talk about the possibility of partnering in providing some
affordable housing off -site. The discussions should include the possibility of using excess DDA
TIF funds from the project for affordable housing. Corporex stated that although their Company
does not do affordable housing development, they would be willing to talk more about Council's
ideas. Council indicated that providing affordable housing would not be a requirement of the
Project. Council asked staff to bring forward other policies/strategies for increasing affordable
housing in the downtown/community such as "inclusionary zoning -type" tools; this discussion
would be apart from the Project.
3. Council asked about the residential portion (top two floors) of the Hotel; how necessary is this
for the Project? Corporex indicated that the residences were extremely important for the
financial proforma of the overall Project as well as contributing to a positive mix of uses. No
further direction was given.
4. Council asked several questions about the need for and cost of the public parking. Staff
responded that the public parking is needed; and, the cost and amount of parking was justified.
No further direction was given.
City of
F6rt Collins
5. Council asked several questions about downtown public parking needs generally. Staff
responded that the 2004 Downtown Strategic Plan had included a parking analysis but that Study
needed updating since there were so many new projects coming on line (Mason Corridor, Beet
Street, Discovery Science Center, Public Market, amphitheater, City offices, etc.) that were not
known about or well formulated in 2004. Staff also said this additional parking will likely be
needed on the west side of College, and at this point staff does not know how much more will be
needed or exactly where it should be located. No further direction was given.
6. Council/Board asked several questions about the funding proposal. Council appeared
satisfied with the proposal; and, Council is interested in seeing the final details/figures of the
Financial Agreement. No further direction was given.
7. Council was interested in seeing the protections that would be built into the Financial
Agreement or other process/procedures of the public/private partnership in terms of protecting
the public funds in the event that the Project failed to develop.
Generally, both the DDA Board and City Council appeared comfortable with the conceptual
building design, building program, and financial proposal (pending final details) and supported
staff bringing forward a final Financial Agreement for their consideration.
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
Introduction
Carl Walker, Inc. has been retained by Corporex Colorado, LLC to prepare a shared parking
study for the Remington Block Mixed -Use Project to be located in downtown Fort Collins,
Colorado. The primary objective of the study is to determine parking requirements for the
223,975 square foot GLA (Gross Leasable Area) development, which includes a 150-room full -
service hotel, eight high -end condominiums, a 46,325 square foot GLA Convention Center in
the renovated Elks Lodge building, 15,300 square feet GLA of retail space, 4,250 square feet
GLA of restaurant space, 60,350 square feet GLA of office space, and parking. The
development will displace 155 existing public parking spaces in the City's Oak/Remington
surface lot. The City is also interested in additional public parking in the proposed parking
structure.
As indicated in Table 1, if the individual land uses in the mixed -use development are viewed
separately, the maximum amount of parking that can be provided for the development is 497
spaces based on the City of Fort Collins Land Use Code. It should be noted that the City's
parking maximums are generally lower than the ratios listed for the subject land uses in Shared
Parking by the Urban Land Institute.
Table 1.
City of Fort Collins Parking Maximums
Maximum
Land Use
Quantity
Parking Maximums
Parking
Hotel
150 rooms
1.0 space/room
150
Residential
8 units
2.0 spaces/unit
16
Retail
15,300 GLA
4.0 spaces/1,000 sq. ft.
61
Restaurant
4,250 GLA
10.0 spaces/1,000 sq. ft.
43
Office
60,350 GLA
3.0 spaces/1,000 sq. ft.
181
Convention (l)
46,325 GLA
1.0 space/1,000 sq. ft.
46
Total:
497
(1) Places of Assembly ratio of one space per 1,000 s.f. is used.
GLA = Gross Leasable Area
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
The Shared Parking Process
The parking requirements indicated in Table 1 are for single, stand-alone land uses that
account for the maximum level of parking demand that is likely to occur. Parking demand for
a mixed -use development can be significantly overstated if each land use must provide
parking in accordance with the stand-alone parking ratios. This occurs for three primary
reasons:
1. The density of development and availability of transit or other modes of
transportation (buses, carpooling, walking, bicycles, etc.) reduces the reliance
on the use of the automobile, particularly among commuting employees.
2. People often patronize two or more land uses in close proximity to each other in
a single trip.
3. Different activity patterns of adjacent or nearby land uses result in variations of
peak accumulation by time of day, day of week, or season of the year.
The Shared Parking analysis process, developed by the Urban Land Institute (ULI) in the early
1980's, is today widely accepted among local jurisdictions to reduce the number of parking
spaces provided for mixed -use developments. ULI's Shared Parking, which was recently
updated and expanded, documents the peak accumulation of vehicles for land uses most
often found in mixed -use developments including office, retail, restaurant, hotel,
conference/convention center, cinema, health club, and residential. Variations in parking
accumulation are provided for time of day, day of week (weekdays versus weekends), and
month of the year. The time-share approach to shared parking can result in significant
reductions in parking, even in suburban locations.
Captive markets can also significantly reduce parking demand for a mixed -use development.
Captive Market, also known as "market synergy", refers to a reduction in parking due to the
proximity of land uses that allow individuals to walk between destinations in a single trip. For
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
instance, office workers, hotel guests and residential tenants who are already present in the
immediate area will patronize the development's restaurants and stores. The use of
alternative modes of transportation such as carpooling, public transportation, walking,
bicycling, etc. should also be considered in a shared parking analysis, particularly if the
development is located within a Central Business District (CBD), which is the case with the
subject development.
The main goal of a shared parking study is to provide sufficient parking to support the
development while minimizing the area and resources dedicated to parking.
Non -Captive Market and Modal Split Adjustments
The effects of the captive market on parking demand is seen in ULI test cases in the original
Shared Parking that compared the estimated peak shared parking accumulation to actual
observed peak accumulation. ULI surveyed seventeen mixed -use sites and found that parking
was overestimated an average of 24.4%. These findings are supported by the Institute of
Transportation Engineers (ITE) in Shared Parking Planning Guidelines (1995). ITE found that using
only time -of -day adjustments significantly overstates actual parking demand. The observed
peak accumulation of parking at five mixed -use sites was on average 24.9% below the
estimated parking based only on ULI's time -of -day adjustments.
Although it is difficult to predict the effects of a captive market in advance of development,
based on our experience we believe there will be a minimum 20% reduction in retail and
restaurant parking demand due to the proximity of land uses. Table 2 separates the required
parking for the individual land uses (497 parking spaces) into customer/visitor and
employee/resident components based on parking demand ratios presented in Shared
Parking. There is the estimated demand for 262 customer/visitor spaces and 235 employee
spaces. It is conservatively estimated that 20% of the retail and restaurant patrons will be
captive (Non -Captive Factor of 0.80 in the table). It is also anticipated that 25% of the hotel
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
guests will arrive by an alternative mode of transportation (Transportation Mode Factor of
0.75). The captive market and modal split reductions result in the adjusted demand for 215
customer/visitor parking spaces.
It is also anticipated that 10% of the hotel, retail, restaurant, and office employees will arrive by
an alternative mode of transportation (Transportation Mode Factor of 0.90), which results in the
adjusted demand for 160 employee parking spaces. This is also a conservative estimate in
that information obtained from the U.S. Census Bureau indicated that over 20% of the
population in the City of Fort Collins commute to work by carpooling, public transportation,
walking or by other means. Thus, there is an estimated demand for 428 parking spaces, taking
into account captive market and modal split reductions.
Table 2.
Revised Parking with Captive Market and Modal Split Reductions
Revised
Revised
Customer/
Non -Captive
Modal
Customer/
Employee/
Modal
Employee/
Revised
Visitor
Market
Split
Visitor
Resident
Split
Resident
Total
Land Use
Parking
Factor
Factor
Parking
Parking
Factor
Parking
Parking
Hotel
120
1.00
0.75
90
30
0.90
27
117
Residential
1
1.00
1.00
1
15
1.00
15
16
Retail
49
0.80
1.00
39
12
0.90
11
50
Restaurant
37
0.80
1.00
29
6
0.90
6
35
Office
14
1.00
1.00
14
167
0.90
150
164
Convention
42
1.00
1.00
42
4
1.00
4
46
Total:
262
215
235
160
428
It should be noted that there are no captive market and modal split reductions indicated in
the table above for the Convention Center because the City's parking maximum of one
space per 1,000 GLA falls well below ULI's parking demand ratio for convention centers.
However, if ULI default values listed in Shared Parking for captive market and modal split
reductions for a convention center are applied to the starting parking demand ratio of 6.0
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
spaces per 1,000 square feet, the resulting ratio is just slightly over one space per 1,000 square
feet.
Hourly and Daily Variations in Parking Demand
Table 3 indicates hourly variations in parking accumulation as a percent of the peak (100%)
accumulation for the land uses included in Remington Block Mixed -Use Project on weekdays.
All of the percentages in the table are taken from Shared Parking and based on data
collected from hundreds of mixed -use development projects throughout the country.
Table 3.
Hourly Variations in Parking Demand - Weekdays (From Shared Parking)
Hotel
Residential
Retail
Restaurant
Office
Convention
Hour
Guest
Employee
Resident
Visitor
Customer Employee
Customer Employee
Visitor
Employee
Customer
Employee
6:00 AM
95%
50%
t00%
0%
1%
10%
0%
0%
0%
3%
0%
57.
7:00 AM
90%
30%
100%
10%
5%
15%
07
20%
1%
30%
0%
30%
8:00 AM
80%
90%
100%
20%
15%
40%
0%
50%
20%
75%
1007.
90%
9:00 AM
70%
90%
100%
20%
35%
75%
0%
75%
60%
95%
100%
907.
10:00 AM
60%
100%
100%
20%
65%
85%
15%
90%
100%
100%
100%
100%
11:00 AM
60%
100%
100%
20%
85%
95%
40%
90%
45%
100%
1007
100%
12:00 PM
55%
100%
100%
20%
95%
100%
75%
90%
15%
90%
100%
1007.
1:00 PM
55%
100%
100%
20%
1007o
100%
75%
907.
45%
90%
100%
100%
2:00 PM
60%
100%
100%
20%
95%
100%
6597
90%
100%
100%
100%
100%
3:00 PM
60%
1007
100%
20%
90%
100%
40%
75%
45%
100%
1007.
100%
4:00 PM
65%
90%
100%
20%
90%
100%
50n
75%
15%
90%
100%
90%
5:00 PM
70%
70%
100%
40%
95%
95%
75%
1007
10%
50%
100%
70%
6:00PM
75%
40%
100%
607o
95%
95%
95%
100%
5%
25%
50%
40%
7:00 PM
75%
20%
100%
100%
95%
95%
100%
100%
2%
10%
30%
20%
8:00 PM
80%
20%
100%
100%
80%
90%
100%
100%
1%
7%
30%
20%
9:00 PM
85%
20%
100%
100%
50%
75%
100%
10070
0%
3%
10%
20%
10:00 PM
95%
20%
100%
100%
30%
40%
95%
100%
0%
1%
0%
20%
1100I'M
1001/
10%
100%
80%
10%
15%
75%
85%
0%
0%
0%
10%
12:00 AM
100%
5%
1 1007.
50%
1 0%
0%
25%
35%
0%
0%
0%
5%
Table 4 presents the hourly distribution of parked vehicles based on the parking demand
presented in Table 2 and the percentages presented in Table 3. The peak hour for parking
occurs at 2:00 PM when there is the estimated demand for 378 parking spaces, or 119 fewer
spaces than indicated in Table 1.
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
Table 4.
Parking Demand by User Group and Hour - Weekdays
Hotel
Residential
Retail
Restaurant
Office
Convention
Hour
Guest Employee
Resident Visitor
Customer Employec
Customer Employee
Visitor Employee
Customer Employee
Total
6:00 AM
86 14
15 0
0 1
0 0
0 5
0 0
121
7:00 AM
81 8
15 0
2 2
0 1
0 45
0 1
155
8:00 AM
72 24
15 0
6 4
0 3
3 113
42 4
286
9.00 AM
63 24
15 0
14 8
0 5
8 143
42 4
326
10:00 AM
54 27
15 0
25 9
4 5
14 150
42 4
349
)1:00 AM
54 27
15 0
33 10
12 5
6 150
42 4
358
12:00 PM
50 27
15 0
37 11
22 5
2 135
42 4
350
1 :00 PM
50 27
1 15 0
39 11
22 5
6 135
1 42 4
356
2:00 PM
54 27
15 0
37 11
19 5
14 150
42 4
378
3:00 PM
54 27
15 0
35 11
12 5
6 150
42 4
361
400 PM
59 24
15 0
35 11
15 5
2 135
42 4
347
5:00 PM
63 19
15 0
37 10
22 6
1 75
42 3
293
6:00 PM
68 11
15 1
37 10
28 6
1 38
21 2
238
7:00 PM
68 5
15 1
37 10
29 6
0 15
13 1
200
8:00 PM
72 5
15 1
31 10
29 6
0 11
13 1
194
9:00 PM
77 5
15 1
20 8
29 6
0 5
4 1
171
1000 PM
86 5
15 1
12 4
28 6
0 2
0 1
160
11:00 PM
90 3
15 1
4 2
22 5
0 0
0 0
142
12:00 AM
90 1
15 1
0 0
7 2
0 0
0 0
1 116
Peak Hour
Seasonal Variations in Parking Demand
Table 5 illustrates monthly variations in parking demand as percentage of the peak month for
the subject land uses. Hotel guest demand varies from a low of 67% in December to a high of
100% in June. Retail customer demand varies from a low of 56% in January to a high of 100%
in December. Restaurant customer demand varies from a low of 85% in January to a high of
100% in December. Convention customer demand varies from a low of 45% in July to a high
of 100% in February and November. With the exception of retail and convention employees,
employee demand varies minimally by month. There are no variations in residential demand
for either residents or visitors by month.
IF
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
Table 5.
Monthly Variations in Parking Demand - Weekdays (From Shared Parking)
Hotel
Residential
Retail
Restaurant
Office
Convention
Month
Guest
Employee
Resident
Visitor
Customer Employee
Customer
Employee
Visitor
Employee
Customer
Employee
January
71%
1007.
100%
100%
56%
8007
85%
95%
100%
100%
757
85%
February
857o
100%
100%
100%
57%
80%
86%
95%
100,
100%
100%
100%
March
91%
100%
100%
100%
64%
80%
95%
1007
100%
100%
90%
100%
April
90%
100%
1007.
100%
63%
807
92%
100%
100%
100%
55%
65%
May
92%
100%
100%
100%
66%
80%
96%
100%
100%
100%
6097
70%
June
100%
100%
100%
100%
67%
807
95%
100%
100%
100%
50%
60%
July
98%
100%
1007.
100%
64%
80%
98%
100%
95%
957.
45%
55%
August
92%
100%
100%
100%
69%
80%
99%
100%
95%
95%
75%
85%
September
93%
100%
100%
100%
64%
80%
91%
100%
1007.
100%
80%
90%
October
93%
100%
100%
100%
66%
80%
967.
100%
100%
100%
85%
95%
November
81 %
1DO%
100%
100%
72%
90%
93%
100%
100%
100%
100%
100%
December
67%
100%
1007.
100%
100%
100%
1007.
100%
100%
100%
60%
70%
As presented in Table 6, the peak month for parking is expected to be November when there
is the estimated demand for 356 parking spaces. The peak demand 356 parking spaces
represent approximately a 28% reduction in parking from the 497 spaces presented in Table 1.
Table 6.
Parking Demand by User Group and Month - Weekdays
Hotel
Residential
Retail
Restaurant
Office
Convention
Month
Guest Employee
Resident Visitor
Customer Employee
Customer Employee
Visitor Employee
CustomelEmplOyeE
Total
January
38 27
15 0
21 9
16 5
14 150
32 3
330
February
46 27
15 0
21 9
16 5
14 150
42 4
349
March
49 27
15 0
24 9
18 5
14 ISO
38 4
353
April
49 27
15 0
23 9
17 5
14 150
23 3
335
May
50 27
15 0
24 9
18 5
14 150
25 3
340
June
54 27
15 0
25 9
18 5
14 ISO
21 2
340
July
53 27
15 0
24 9
19 5
13 143
19 2
329
August
so 27
15 0
26 9
19 5
13 143
32 3
342
September
50 27
15 0
24 9
17 5
14 150
34 4
349
October
50 27
15 0
24 9
18 5
14 150
36 4
352
November
44 27
15 0
27 10
18 5
14 150
42 4
356
December
36 27
15 0
37 11
19 5
14 150
25 3
342
Peak Month
Summary
Stand -Alone Parking
497
Shared Parking Calculation
356
Shored Parking Rollo/l 000GLA
1.59
Parking Reduction
141
Percent Reduction
-28%
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
The 356 parking spaces recommended for the development represent 1.59 parking spaces
per 1,000 square feet GLA. Surveys by ULI support large reductions in parking for mixed -use
developments, particularly for those located in downtown areas. ULI surveyed 240 existing
mixed -use developments throughout the United States and Canada and reported the
following parking ratios by metropolitan location:
Parking Spaces per
Metropolitan location
1,000 Square Feet
Central Business District (CBD) 0.93
Other Central City 1.09
Suburban CBD 2.18
Suburban Freestanding 2.47
Overall 1.30
Source: ULI Mixed Use Developmenf Handbook.
The land use found most frequently in these developments was office (98.5%), followed closely
by retail (97.7%), hotel (68.7%) and residential (42.0%). The retail space consists of stores and
restaurants. The median total floor space in these developments is 980,000 square feet. The
1.59 parking ratio for the Remington Block Mixed -Use Project is well above the Central Business
District and Central City averages, and even exceeds the overall average of 1.30 spaces per
1,000 square feet for all of the developments surveyed. Thus, the reduction in parking
recommended for the Remington Block Mixed -Use Project is reasonable based on research
conducted by ULI.
Public Parking
Following discussions with Randy Hensley, the Transportation Planning and Parking Manager for
the City of Fort Collins, we understand that the City is requesting that the 155 existing parking
spaces in the Oak/Remington lot be replaced in the parking structure. They would also like to
purchase one more floor of parking in the garage, which is assumed for the purposes of this
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
study to be an additional 145 parking spaces. We also understand that the City will allow the
300 parking spaces requested for public parking to be counted in the shared mix.
The existing Oak/Remington parking lot consists of two-thirds permit spaces (approximately 100
spaces) and one-third two-hour (transient) spaces (approximately 55 spaces) from 8:00 AM to
5:00 PM on weekdays. For 100 permit spaces the city can sell 130 permits (30% oversell), and
there are currently permits available for sale. The lot typically does not fill to capacity on
weekdays. Parking occupancy counts conducted as part of a previous parking study found
the lot to be 71 % to 80% full on weekdays. The lot does fill to or near capacity on busy
weekday evenings and weekends with restaurant and bar patron vehicles. Although the city
does expect to sell more permits in the future, the need for additional public parking is based
primarily on excess weekday evening and weekend parking demand in the general area.
Because the city's need for more public parking is primarily on weekday evenings and
weekends, there is a good opportunity to share parking with the mixed -use development.
Table 7 shows the estimated hourly distribution of parking demand for the mixed -use
development and for the "public" parking. The hourly distribution of parking demand for the
mixed -use development is based on the results presented in Table 4. The hourly distribution for
the public parking anticipates a 50/50 split between permit/transient parking spaces on
weekdays (150 spaces each), which is estimated based on discussions with the City and the
parking occupancy counts conducted as part of the previous study. The public parking
demand during the day is expected to gradually increase throughout the morning until it
peaks at 1:00 PM at 70% of the parking capacity. The daytime demand gradually decreases
in the afternoon down to approximately 50% of capacity at 5:00 PM. The public parking
demand increases after 5:00 PM and is expected to peak between 8:00 and 10:00 PM at 100%
of capacity. It will be necessary to conduct hourly parking occupancy counts at the existing
Oak/Remington lot to confirm the hourly distribution of the public parking supply.
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
Table 7.
Estimated Parking Demand with Public Parking
Mixed -Use
Public
Hour
Develop.
Parking
Total
6:00AM
114
5
119
7:00 AM
146
45
191
8:00 AM
269
128
397
9:00 AM
307
173
480
10:00 AM
329
188
517
1 1:00 AM
337
195
532
12:00 PM
330
195
525
1:00 PM
335
210
545
2:00 PM
356
203
559
3:00 PM
340
203
543
4:00 PM
327
180
507
5:00 PM
276
150
426
6:00 PM
224
225
449
7:00 PM
188
255
443
8:00 PM
183
300
483
9:00 PM
161
300
461
10:00 PM
151
300
451
1 1:00 PM
134
255
389
12:00 AM
109
150
259
Conclusion
As indicated in Table 7 above, the overall peak hour for parking is expected to occur at 2:00
PM when there is the estimated demand for 559 parking spaces (356 parking spaces for the
mixed -use development and 203 public parking spaces). This estimated demand assumes a
capture rate of 100% of the porkers attracted to the new development. That said, in
downtown Ft. Collins there are several other parking alternatives near the proposed
development, including both off-street and on -street alternatives. Therefore, it is unlikely that
the parking within the development will capture all of the apparent demand. Given a
competitive rate structure, it is reasonable to assume that the proposed garage will capture
around 75% to 85% of the estimated parking demand, which represents approximately 420 to
Remington Block Mixed -Use Project
Shared Parking Study
March 17, 2007 (DRAFT)
475 parking spaces. Thus, a parking facility with an average capacity of approximately 450
parking spaces would be reasonable from a financial perspective.
No Text
DOWNTOWN
DEVELOPMENT
AUTHORITY
MEMORANDUM
TO: Mayor and City Council
DDA Board of Directors
THROUGH: Darin Atteberry, City Manager ei
FROM: Chip Steiner, DDA Executive Director
DATE: July 24, 2008
RE: July 22 Work Session Follow-up
At the July 22, 2008 joint work session between City Council and the Downtown
Development Authority Board of Directors, DDA staff presented background information
on the development of a proposed amphitheater and David Greusel of HOK Venue,
design consultant to the DDA for the amphitheater, presented an overview of the process
used to make a recommendation for the amphitheater site. The purpose of the
presentation was to update City Council and the DDA Board on the status of the
amphitheater and to receive Council direction regarding the recommended site for the
facility.
Kev Discussion Points
1. The amphitheater is intended to serve as the home base for Beet Street. Beet Street
will use the facility for the majority of its programming.
2. The amphitheater will also serve the entire community as a gathering place and it will
be available to cultural programming generated by other community organizations.
3. The amphitheater will contain 4,000 seats in a two -tiered format and will be audio and
video broadcast ready.
4. The site selection process conducted by the consultant examined eight downtown
locations: Justice Center Block, Creamery Block, south half of the I" National Bank
block, Block 23, Chestnut Street, Willow Street south, Willow Street north, and the field
behind the Northside Aztlan Community Center.
The consultants used five categories of general analysis: urban design, transportation,
site factors, cost, and timing.
The Justice Center scored highest followed by the Chestnut site and the Creamery site.
The consultant recommended the Justice Center site for the following reasons:
• Strong urban design relationship to downtown's major intersection
• High visibility from the main intersection
• Proximity to food, entertainment, retail
• Compatibility with existing uses
• Proximity to transportation systems
• Proximity to parking
• Site flexibility
• Proximity to planned performing arts center.
5. Concern was expressed about the impact noise would have on the surrounding
neighborhood and the impact of noise (train) on performances within the amphitheater.
A feasibility study on a railroad quiet study is being pursued by the City and DDA. The
City is also working on an amendment to Land Use Code language regarding permissible
noise levels.
6. Council and DDA Board discussed the feasibility of the project and both the
consultant and Carol Bennis, Executive Director of Beet Street addressed the issues
raised. The main season for use of the amphitheater is from mid -April through mid -
October although design options are being considered that could extend this season.
Thematic programming will be scheduled Wednesdays and Saturdays for a period
ranging from 20 to 24 weeks. Ticket pricing will depend on the event and the performer.
Size of the facility was determined through a feasibility study that concluded that the
optimum range of seats should be between 3,800 and 5,000.
7. The cost of the facility is estimated by DDA staff at $30 million which includes the
cost of relocating City offices from the site. The design consultant has not yet arrived at
a final cost estimate.
Next Steps
Resolution by City Council approving the Justice Center site as the location of the
amphitheater.
2. Provision of the complete feasibility study to Council and DDA Board when
completed.
3. Develop a noise "model" that will demonstrate the impact performances in the
amphitheater will have upon the surrounding neighborhood and the impact of
passing trains on performances inside the amphitheater.
4. Initiate discussions between the City and DDA regarding relocation of City
offices from the Justice Center site.
5. Initiate discussions for the legal transfer of the site.