City Council Minutes 2002 02 12 - Laserfiche WebLink

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Louisville Special City Council Meeting February 12, 2002 Page 2 Hartronft noted that the ordinance states that the downtown commercial development will be capped at 354,000 SF of space. He stated that there is already 245,000 SF of space developed in downtown Louisville; therefore only 109,000 SF of developable commercial space remains. He stated that the required parking for 354,000 SF is short by 118 spaces. He stressed that there are opportunities to develop those spaces and suggested that when scheduled capital projects are planned, parking be considered as part of the project. He suggested that the Steinbaugh and Prouty lots could be developed as parking spaces. Hartronft addressed the parking fee and stated that the construction cost for parking is $2,000 per space, which does not cover the cost of the land. Mayer asked Hartronft if those calculations had been given to the Public Works Department. Hartronft confirmed they had. Mayer asked Public Works Director Phare if he had reviewed those calculations and compared them to the original costs. Phare stated that the quantities assigned were calculated at a construction cost of $1,900 per parking space. He stated that the difference may be the scope of work, administration expenses, or cost of a public bid project. City Manager Bill Simmons stated that the original cost of $7,300 per parking space was based on a very detailed and intricate plan that was prepared a few years ago. The plan included demolition work, asphalt and concrete, and reconfiguration of streets. Davidson concurred that the City's proposed plan was more ornate with decorative street poles, landscaping and paving stones and not typical of an employee parking lot. Van Pelt stated that if the difference is $7,300 for a very nice parking space and $1,900 for a functional parking space, the Council should consider the benefit for the extra money. Phare stated that the quantities provided by the DBA were calculated though the City's prices and came close to the DBA's figures. The difference between $7,300 is the features that are optional such as brick stone and decorate streetlights. Van Pelt asked why there was such a large disparity in cost. Phare stated that the original assignment was to take the developed plan and assign all costs to implement the plan to meet the number of new parking spaces. He stated that there were a number of existing parking spaces that were reconstructed or impacted, sidewalk tear out and replacement. He stressed that the plan provided by Nancy Love began with bare ground with nominal grading; therefore there was no demolition or preparation of the ground. Phare stated the $7,300 cost per space was projected at $851,000 for 115 new spaces. He stated that land with less cost association and fewer amenities would have a lower parking space cost. 2