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Planning Commission <br />Alfalfas Village Square Redevelopment <br />June 13, 2013 <br />Traffic Impacts <br />A study was completed to assess the impacts to traffic from the proposed development. <br />The study demonstrated, to the satisfaction of the Louisville Public Works Department, <br />the existing roadways and intersections surrounding the proposed development have <br />sufficient capacity to function effectively if the development is approved. <br />Parking <br />There are 296 new on -site parking spaces proposed. 156 of these spaces are located in <br />the parking structure beneath building towers C, D, and E and would be for the exclusive <br />use of the apartment building residents. 140 surface parking spaces are located on the <br />interior of the site. Of these 140 spaces, 25 would be used by the residents, and 115 are <br />proposed for the retail uses. The following table provides an overview of the on -site <br />parking provided. <br />On -site parkin <br />Type <br />Residential <br />Retail <br />TOTAL <br />Structured <br />156 <br />0 <br />156 <br />Surface <br />25 <br />115 <br />140 <br />TOTAL <br />181 <br />115 <br />296 <br />17 on -street parallel parking spaces are proposed on the west side of Centennial Drive. <br />Although these parking spaces are not credited as on -site parking by the LMC, they will <br />help address the parking needs of the project. <br />The existing shopping center (including Safeway, Walgreens, the bank, strip retail <br />center) currently operates under a shared parking agreement. Visitors to and employees <br />of any of the existing businesses can park on any of the surface parking in the shopping <br />center. The proposed development will continue to use a shared parking arrangement <br />for the entire center. Visitors to any of the new retail space proposed would be able to <br />park anywhere in the shopping center. Similarly, anyone visiting the businesses that are <br />currently operating on the site would be able to utilize the surface parking planned as <br />part of the proposed development. Parking for the new residences would be <br />accommodated in the garage or in designated spaces adjacent to the residential <br />buildings. The following table provides and overview of the shared parking scenario in <br />the entire shopping center. <br />Shared Parking Scenario <br />Land Use <br />Code Requirement <br />Proposed <br />111 <br />Residential <br />Units <br />2 spaces/unit <br />222 spaces <br />1.6 spaces/unit <br />181 spaces (156 <br />structured spaces <br />and 25 surface <br />spaces <br />70,413 SF of <br />Retail* <br />4.5 <br />spaces/1,000SF <br />318 spaces <br />4.9 spaces/1,000 SF <br />346 spaces** <br />*Retail Total includes the existing shopping center (minus existing Safeway) plus the proposed new retail. <br />**Parking space total is the entire shopping center parking lot minus the residential parking <br />The totals in the above table do not include the addition of the 17 on -street parking <br />spaces on Centennial Drive. When the shared parking agreement is considered, the <br />retail parking provided exceeds the required amount by 28 spaces. Staff acknowledges <br />6 <br />