Planning Commission Agenda and Packet 2009 11 12

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Suggested Amendment to the Framework Plan Chapter 5 of the Framework Plan includes a synopsis of the traffic study that was completed in 1998 (Attachment 2). Staff will complete an update to this study including the findings of the 2009 parking study. The update will be included as an addendum to the Framework Plan. POLICY RECOMMENDATION #2 Reduce the parking requirement to 1 space per 500 square feet of development for all uses except for residential. Adopt existing Mixed Use Development Design Standards and Guidelines (MUDDSG) residential parking requirements. Rationale The current parking requirement of 1 space per 400 square feet (2.5/1,000) of development is greater than the demand for parking created by development downtown. The maximum demand for parking downtown observed during the parking study was 1 space per 532 square feet (1.9/1,000) of development. If every future development provided off street surface parking at the currently required ratio (1:400), there would likely be an excess of parking in the downtown area. Excess parking unnecessarily takes up valuable downtown land, and can disrupt the unique pedestrian oriented character of Downtown Louisville. Currently, there is not a separate residential parking requirement for the downtown area. Residential development downtown is subject to the same parking requirement of commercial development (1 space per 400 square feet). Specific parking requirements based on the number of bedrooms provided more accurately reflect the actual demand for additional parking that residential uses create. LMC as Currently Written Sec. 17.20.025. Parking standards designated for Downtown Louisville. A. Within Downtown Louisville, at the time of any building construction, expansion or modification that creates additional floor area, off street parking spaces shall be provided at a ratio of one parking space per 400 square feet of new floor area rounded to nearest 400 square feet. Suggested Amendment to LMC Areas of Change are Highlighted Sec. 17.20.025. Parking standards designated for Downtown Louisville. A. Within Downtown Louisville, at the time of any building construction, expansion or modification that creates additional floor area, off street parking spaces shall be provided at a ratio of one parking space per 500 square feet of all non residential new floor area rounded to the nearest 500 square feet. Where residential square footage is proposed, the parking requirements in the following table will be used: