HomeMy WebLinkAboutDowntown Parking PPTDowntown Parking Demand Study
Last Study 1997
Tower Place
Court Street Transportation Center
Need to Update Parking Demand
Study
Comprehensive Plan amendment to expand
CB-10 Zone
CB-5 to CB-10 rezoning
CB-5 redevelopment projects
Estimated demand for 1,028
additional spaces
Near Southside parking impact fee
Get type of development we want downtown
City responsible for parking
Good deal for developers
Parking Impact Fee Fund
Current balance: $275,000
Estimated balance in 2-4 years: $1-1.5 million
Policy Question
Plan for next multi-use parking facility?
Is key for continued growth of downtown
Downtown Market Study
Three year minimum timeline for completion
If no,
Suspend CB-5 to CB-10 rezonings
No further expansion of downtown
May still have parking crisis with additional CB-5
projects
If yes,
Great opportunity to incorporate other City
priorities
Three specific initiatives to consider
Workforce Housing
Called out by Downtown Market Study
LaCrosse, Wisconsin
Artist Live-Work Units
Artspaceorganization
Commercial Condos
Called out by Downtown Market Study
Tower Place showed concept can be successful
How do you want us to proceed?
Next steps:
Financial analysis and concept design
Property acquisition