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HomeMy WebLinkAbout8.3 Attch 6 Eco Impact Analysis 06-04-2013 MEMORANDUM To: Marnie R. Delgado, Senior Planner, City of Dublin From: Economic & Planning Systems, Inc., and Joe DeCredico Studio Subject: Economic Impacts of Proposed Parking Zoning Ordinance Amendment, EPS #122118 Date: June 4, 2013 `17r� h;rirur�rnfrw �3Jfera<r( (:_.� The City of Dublin (City) engaged Economic&Planning Systems, Inc. (EPS) and Joe DeCredico Studio (JDeS) to provide assistance in evaluating a proposed Zoning Ordinance Amendment (ZOA) that would: � ' 1. Eliminate tandem parking as a means of meeting parking requirements in residential development projects. 2. Increase the guest parking requirement for condominium projects from 1/2-space per unit to one space per unit. 3. Require a minimum of 200 cubic feet of accessory storage for multifamily projects that have private, enclosed garages assigned to individual units. EPS understands that the City is concerned the tandem parking spaces are being used as in-home storage areas rather than as parking for automobiles. In addition, the City is concerned that tandem parking spaces are inconvenient for residents and are, thus, not utilized. As a result, City streets, as well as private streets and guest parking spaces, are congested with parked cars in areas where tandem parking is prevalent. The policy goal of the ZOA is to require parking in a format that will be used by residents for their cars, thereby minimizing the residential parking overflow to City streets. To provide the City guidance concerning the proposed ZOA, EPS and Economic&Planning Systems,Inc, JDeS (1) reviewed relevant policy literature and the parking ordinances 2295 Gateway Oaks Dive,Suite 2.50 of nearby municipalities, (2) conducted interviews with stakeholders and Sacramento,CA 95833-4210 916649 8010 tel local real estate/planning experts, and (3) developed a simple test case 916 6492070 fax to analyze a typical real estate development project that might use tandem parking or traditional side-by-side parking to satisfy the local Berkeley parking standard. Denvor Lois Aog&" i sacramenro I www.epsys.com I Attachment 6 Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4,2013 Summary of Findings • The elimination of tandem parking is unlikely to create a significant financial burden for residential project developers. Most developers will be able to reposition projects to lower density (DU/Acre) larger units, maintaining or increasing total project square footage. While product price per square foot is likely to fall with the increase in unit size, EPS finds that developers in most cases will be able to maintain total project revenue - potential. For projects that suffer from parcel constraints, particularly small sites, financial impacts may occur because of the inability to reconfigure the site for the larger product. • Increased guest parking requirements likely will be taken out of landscaping with no financial impact on project developers. Most sites offer sufficient surplus land to provide additional guest parking without a loss of density. However, surface parking for guests will reduce open space and project common areas. Infill development and other projects with limited site flexibility will suffer a greater burden associated with the increased parking requirement, as these sites are less likely to accommodate additional surface parking without an impact on density. • The proposed storage requirement is not an issue. Developer interviews confirm that the provision of some additional interior storage space will not create a financial burden for residential projects. A modest amount of additional storage can be integrated into residential products without a significant impact on product format. • The primary benefit of tandem parking is planning and design flexibility that improves site efficiency. Tandem parking provides a means by which developers are able to meet suburban parking standards without using traditional wide, suburban-sized house lots. In certain situations, the narrow-lot tandem-parked residential products can "fill out"a site, where side-by-side parking formats will not fit. A parking policy that allows a fraction of the units in a residential project to use tandem parking may be appropriate. Interviews and analysis suggest that allowing up to 25 percent of units to be parked in tandem could retain sufficient flexibility in site development. Parking Policy Standards A review of current literature concerning parking policy offers a broad range of recommendations to jurisdictions. In general, current best practices for residential parking policy focus on providing flexibility, managing demand, and connecting alternative modes of transportation, while minimizing impacts on residents. However, these best practices are geared toward parking in urban areas and transit-oriented zones. The ZOA proposed for the City addresses the concern that new suburban residential projects in Dublin are providing impractical (and therefore insufficient) parking. The ZOA would require that parking be developed in a traditional side-by- side format. EPS did not identify literature that addresses this particular policy issue. To evaluate the appropriateness of the ZOA in a regional context, EPS conducted research regarding off-street residential parking policies in neighboring jurisdictions in the greater Tri- Valley area. Specifically, EPS contacted the Cities of Livermore, Pleasanton, San Ramon, and Walnut Creek to determine whether these cities allowed tandem parking in residential projects. k EPS also identified off-street parking standards for prevalent residential land uses in each city. 6 I Of the jurisdictions surveyed, the City of Pleasanton is the only jurisdiction whose municipal code Economic&Planning Systems, Inc. A-2 I I M Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4, 2013 does not allow for tandem parking. The other jurisdictions surveyed—Livermore, San Ramon, and Walnut Creek—have municipal codes that allow for tandem parking based on bedroom counts. Pleasanton The City of Pleasanton does not explicitly allow tandem parking. However, two multifamily Planned Unit Development (PUD) residential projects—one approved and one under review— contain units with a tandem parking design. If the residential development is contained in a PUD, the city will consider and potentially approve a tandem parking design if the project is in alignment with the city's planning and policy objectives. Because there are a limited number of residential projects in the city with tandem parking, city planning staff did not identify any issues related to this type of parking design (e.g., constrained on-street parking because the garage is not used to capacity). Livermore In the City of Livermore, tandem parking is permitted in all residential and mixed-use zones when two parking spaces are required for a single residential unit. For secondary residential units (i.e., in-law unit) with two or more bedrooms (which requires two parking spaces), the required spaces may be in tandem with each other, but cannot be in tandem with the required parking spaces required for the primary residential unit on the lot.' San Ramon In San Ramon, tandem parking is permitted through the issuance of a Minor Use Permit and must be designed to meet minimum dimension and size standards.Z 3 With the exception of one single-family residential project (approved and constructed when it was located in the unincorporated county), tandem parking in single-family residential projects in San Ramon is not permitted. Tandem parking is permitted for multifamily residential projects, although San Ramon planning staff generally discourages tandem parking design in residential projects. While staff acknowledged the shortcomings of tandem parking, they did not identify specific cases where projects with tandem parking created issues for residents. Walnut Creek The City of Walnut Creek's municipal code allows for tandem parking for multifamily and single- family residential projects in the case where housing units require two parking spaces.4 Tandem parking configurations can be utilized but one stall is not counted towards meeting the parking requirement, unless an exception is granted by the city's planning commission. Tandem parking for Second Family Units is permitted if the maximum of two spaces are provided and the City finds that the design and lot configuration precludes placement of the parking spaces elsewhere on the property. f i 1 City of Livermore Development Code § 4.04.010. z In San Ramon, tandem parking must be 10 feet wide by 40 feet deep (with a 9-foot door opening) and have a minimum of 200 cubic feet of storage area in or adjacent to the garage. f 3 City of San Ramon Zoning Ordinance § D3-35 A.2. 4 City of Walnut Creek Planning and Zoning Municipal Code § 10-2,3.206 Table A. Economic&Planning Systems, Inc. A-3 i Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4, 2013 Figure 1 Comparison of Multifamily Parking Standards Multifamily Parking Standards _ City Source Type Spaces/Unit Tandem Parking Livermore City of Livermore, Studio and One Bdrm 1 space+ NA Development Code, 1 guest space/4 units §4.04.010 Two or More Bdrms 2 spaces+ Permitted 1 guest space/4 units Downtown[t] City of Livermore Studio 1 covered space+ NA Downtown Specific (Includes apartments/flats/ 1(guest)/10 units[21 Plan lofts) Chapter 8 One Bdrm 1.5 spaces(1 covered)+ Permitted if 2 spaces (Includes apartments/flats/ 1 guest space 110 units[2][31 are dedicated to lofts) a single unit Two or More Bdrms 1.75 spaces(1 covered)+ Permitted if 2 spaces (Includes apartments/flats/ 1 guest space/10 units 121[3] are dedicated to lofts) a single unit Pleasanton[4] City of Pleasanton, Two Bdrms or Less Minimum of 2 spaces for projects Not permitted[5] Municipal Code, with four or fewer units plus §18.88.030 1.5 spaces foreach add?unit (at least 1 space must be covered) 1 guest space/7 units (may be open or covered) Three Bdrms or More Minimum of 2 spaces Not permitted[5] (at least 1 space must be covered) 1 guest space/7 units (may be open or covered) San Ramon 161 City of San Ramon, Studios and One Bdrn 1 covered space+ NA Zoning Ordtnance, 1 guest space 14 units , §D3-35 A.2 Tw-Three Bdrms 2 spaces Permitted(wl (at least 1 space must be covered) Minor Use Permit) 1 guest space/4 units Four Bdrms or More 3 spaces Permitted(w/ (at least 1 space must be covered) Minor Use Permit) 1 guest space/4 units Walnut Creek[71 City of Walnut Creek, Studio 1.25 spaces Permited[91[101 Planning and Zoning (1 covered)[31[81 Municipal Code, §10-2.3.206 Table A One Bonn 1.50 spaces Permited[91[10] (1 covered)(31[81 Two Bdrms 2.00 spaces Permited[9]1101 (1 covered)(31[81 Three or More Bdrms 2.25 spaces Permited[9](101 (1 covered)[31[8] 'pkg_summary' Source:Cities of Livermore,Pleasanton,San Ramon,and Walnut Creek municipal code,EPS. ' NOTE: This table is not intended to be an exhaustive listing of parking standards for all residential types identified in each city's municipal code, only the most prevalent, Also,this table excludes additional standards such as size dimensions and special circumstances that alter the standards shown here(e.g.,development within TOD). Please see each city's municipal code for additional details. Economic&Planning Systems,Inc. A-4 Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4,2013 Figure 1 Comparison of Multifamily Parking Standards (continued) _ Multifamily Parking Standards City Source Type Spaces/Unit Tandem Parking (1] Within a specific geographic area,residential units above retail/commercial and live/work spaces shall provide required parking spaces on-site, off-site through the payment of an in-lieu fee,or through construction of parking facilities in the speck geographic area. (2] Guest parking is only required for projects containing ten or more dwelling units. Guest parking shall be provided on-site,off-site in a dedicated parking lot in the Downtown Specific Plan area that is within 600 feet of the project,or through the payment of in-lieu fees if an identified public parking structure in the Downtown Speck Plan area is located within 600 feet of the project site. [3] A fraction greater than or equal to 0.50 shall be rounded up to the nearest whole number,no additional space shall be required for a fractional unit of less than 0.50. (4] This table does not include reduced parking standards associated with Association of Bay Area Governments(ABAG)Regional Housing Needs Allocation(RHNA)sites. [5] Tandem parking may be proposed for units within a Planned Unit Development(PUD)and would be subject to case-by-case review and approval. (6] This table does not include reduced parking standards for mixed-use development in certain districts within the City of San Ramon. (7] This table does not include parking standards for residential structures that qualify for a density bonus or for structures with five or more residential units and either within 112 mile of BART or with lower income units. (8] Guest parking Is included within the multifamily parking standards for the City of Walnut Creek. (9] Tandem parking configurations are permitted but one stall Is not counted towards meeting the parking requirement,unless an exception is granted by the City of Walnut Creek's planning commission. (10] For projects that qualify for density bonuses,the City of Walnut Creek allows for reduced parking standards,and parking may be provided through tandem parking,uncovered parking,or other parking solution with the exception of on-street parking. E P Economic&Planning Systems, Inc. A-5 .a-e�y ==�yv-=«�� .=•��mu=,ea i Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4, 2013 Tandem-Parked Projects in Dublin The City of Dublin has identified a number of projects where the tandem parking format has been used by developers. As shown in Figure 2, the use of tandem parking in these projects ranges from 14 percent to 92 percent. However, only one project predominantly comprises tandem-parked units. With the exception of this project (The Courtyards at Dublin Ranch Villages), no project has more than 43 percent of units using the tandem format. The street parking congestion that has been attributed to tandem-parked units is most prevalent in Dublin Ranch Villages, where the greatest use of tandem parking (as a share of project units) is observed. Figure 2 Tandem-Parked Projects in Dublin No.of Units with Percent of Units Parking Guest Project Units Requirement Tandem with Tandem Parking Garages Parking Requirement San Ramon Village The Willows 56 units 8 units 14% 2/unit .5/unit Tralee Townhomes 103 units 18 units 17% 2/unit .5/unit Dublin Ranch Villages Cottages 200 units 85 units 43% 2/2+BR unit .5/unit 1/1BR unit 6 Courtyards 281 units 258 units 92% 2/2+BR unit .5/unit 1/1BR unit i Terraces 626 units 137 units 22% 2/2+BR unit 5/unit 1/1BR unit Jordan Ranch t Subareas 2 and 3 109 units 40 units 37% 2/unit .5/unit Source:City of Dublin f f Economic&Planning Systems,Inc. A-6 t Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4, 2013 Interview Findings EPS and JDeS conducted interviews with stakeholders and local real estate/planning experts to solicit input regarding the proposed ZOA.' Stakeholders The primary stakeholder group that would be affected by the ZOA is the real estate development community. EPS spoke with two developers active in the Tri-Valley, as well as two planning professionals active in designing residential products in the region. Overall, EPS finds that developers rely on small-footprint tandem parking as a tool to increase dwelling units per acre, particularly when site constraints (e.g., parcel size and configuration) do not allow for a traditional side-by-side garage format. In some specific cases, primarily large projects with planning and design flexibility, developers acknowledge the ZOA would have little to no impact on project density. However, developers expressed concerns that small projects planned for constrained sites could suffer density losses attributable to the proposed ZOA. Based on interviews conducted, it seems unlikely that developers would substitute a significantly higher density product(e.g., podium-parked multifamily residential) in cases where the ZOA introduces a development constraint. There are a limited number of high-value sites where a podium product is likely to be financially feasible (e.g., transit-oriented development areas), and these sites are likely to be slated for this format from early-stage predevelopment work onward. Conversations with a developer currently building a 3-story townhome project in Dublin, who is converting previously approved single-car garages to 2-car, side-by-side garages, indicate there is the opportunity to reconfigure projects and replace tandem garages with traditional ones. However, the developer emphasized the importance of the site geometry in making this change, particularly on constricted infill sites, and notes that it also requires redesign of the project. Planning Professionals Local planning professionals confirm that tandem parking is an important tool for efficient use of land. Of note, planners contacted suggested that a reduction rather than elimination of tandem parking would be desirable. Small-footprint tandem-parked units help to"fill out"a development program. It was suggested that allowing 25 percent of units to use tandem parking would allow developers to use this format sparingly, fitting it in as needed to take advantage of lots that cannot accommodate the wider, more traditional garage formats. Economic Implications To illustrate the potential effect of the ZOA on a typical residential project in Dublin, EPS and JDeS agreed on a case study that evaluates a generic townhome project on a rectangular 1.41-net-acre site. The case study includes illustrative planning graphics and a high-level assessment of economic effects. Figure 3 and Figure 4 present the case-study planning schemes. s Personal communication with Kevin Fryer, Mission Valley Homes, 12/21/12; Patrick Castonzo, PCJ Real Estate Advisors, 1/8/13; Don Ruthroff, The Dahlin Group, 1/8/13; Steve Otto, City of Pleasanton, 2/15/13; Lauren Barr, City of San Ramon, 2/15/13; and Carlson Yin Chan, Ronsdale Management LLC, I 2/21/13, Economic&Planning Systems,Inc. A-7 ==i earn wrvrn>,xus,ism, oec 3cn i Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4, 2013 Figure 3 Townhome Product with Tandem Garages (Scenario 1) w a UNIT A-3 UNITS UNIT B-3 UNITS UNIT C-21 UNITS MAX LIVING AREA 1,278.5 SF MAX LIVING AREA 2,254 SF MAX LIVING AREA 1,387.5 SF Wrii A— UW p Nel W np Nee Gvg Aea G'A09 A- FloorI U`m9 Aea l:Jnp Aea Floor I Flaorl fbr3 floor1 liwr,0 Aea Wra Aea 105x3' Rood Fbor3 33'.10' 73'x40' 13'x50' 105.3' Fborl Fbor3 596 IF 1526'x40' 1615'x50' 4141F 020 IF MSF 695 IF 16.6'x40 156x90 610 IF 6105E 600 IF 0600F Gaspe Nea Grape Floc I 1 Oaope lava Moor 15.85x90' ! l 166x90' 610-506 13''.x 12' 6601 505 -3513 SF 606 IF -601.6 IF MAXIMUM TANDEM GARAGE TOWNHOMES W/10%ADA ACCESSIBLE UNITS 2 CAR GARAGE UNIT TYPE A:15.251 X 40'UNIT FOOTPRINT W/TANDEM GARAGE UNIT TYPE B:23'X 40'UNIT FOOTPRINT W/SIDE BY SIDE GARAGE UNIT TYPE C:16'X 40'UNIT FOOTPRINT WITANDEM GARAGE FRONT SETBACK:10' SIDE SETBACK:5' ALLEY WIDTH:32 YIELD: 27 UNITS OR 19.15 du/ACRE Scenario 1: Tandem Parking The townhome product that relies on tandem parking is a three-level unit with approximately 1,280 to 1,390 square feet of living space. The garage uses most of the ground-level space in the unit, though there is sufficient space on the ground level for some storage. Living room, dining room, kitchen, bathrooms, and bedrooms are on the 2"d and 3'6 floors. In this test, a density of roughly 19 units per acre is achieved, for a total of 27 units on the 1.41-acre case- study site, including three traditionally-parked units that satisfy the Americans with Disabilities Act (ADA) target for ground-level living space. Based on the size and configuration of the tandem-parked units, EPS assumes current market pricing of about $390,000 to $416,000 ($300 to $305 per square foot). Economic&Planning Systems,Inc. A-8 ,z•,= »,--o­1-1-0 wosG- <> I ®I Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4, 2013 Figure 4 Townhome Product with Traditional Garages (Scenario 2) i rl i � V k� TRADITIONAL SIDE BY SIDE GARAGE TOWNHOMES UNIT B-20 UNITS 2 CAR GARAGE MAX LIVING AREA 2,254 SF 23'X 40'UNIT FOOTPRINT FRONT SETBACK:I SIDE SETBACK:5' ALLEY WIDTH:32' YIELD:20 UNITS OR1418 du/ACRE EE E Wmgp4a UwQa IQ T bu Fborl F2 Fl." 23'119• n'.m' 23'1A9• 414 sF 929$F 929 SF Gaspe pea 3'x2 2 6 12 990$F Scenario 2: Traditional Parking The townhome product with a traditional side-by-side garage includes about 2,250 square feet of living space. In this configuration, there is sufficient living area on the ground level to accommodate a bedroom and bathroom. Additional bathrooms and bedrooms, as well as the living room, dining room, and kitchen, are upstairs. The product achieves a density of roughly 14 units per acre, for a total of 20 units on the 1.41-acre case-study site. Based on the size and configuration of this unit, EPS assumes current market pricing of about $586,000 ($260 per square foot). Scenario Comparison Evaluation Scenario 1 and Scenario 2 are illustrative of how a developer might plan a site for residential development with tandem parking versus traditional parking (with the ZOA), respectively. As demonstrated in the case study, a project composed of about 90-percent tandem-parked units on a land-constrained site would likely lose units as a result of the ZOA. In this case, 7 units are lost (26 percent) when the developer switches from tandem parking to traditional parking. 'I However, with the wider traditional garage, the developer is likely to transition to larger units. In this case study, a townhome with a traditional garage is 62 to 76 percent larger than a townhome with a tandem garage. The traditional garage necessitates a wider unit footprint; the Economic&Planning Systems, Inc. A-9 ��•.__, a 4,�,_,__„• =ec=�_ �i a Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4, 20I3 building height remains unchanged. Overall, despite having fewer units, Scenario 2 includes roughly 5,300 more square feet of living space. Residential market data reveal that unit values increase with unit size at a decreasing rate. While the smaller tandem-parked unit is likely to sell for less than the larger, traditionally parked unit, the per-square-foot value of the smaller unit will be higher. EPS evaluated several residential projects in Dublin to assess pricing for various unit sizes. Interestingly, current residential real estate market values indicate that the total finished value of Scenarios 1 and 2 may not be very different. Figure 5 presents the economic assessment of Scenario 1 versus Scenario 2. Figure 5 Case Study Economic Assumptions Unit Size Price Per Units (Square Feet) Square Foot Unit Price Scenario 1 Tandem Garage Townhome Product Unit A 3 1,279 $305 $389,943 Unit B 3 2,254 $260 $586,040 Unit C 21 1,388 $300 $416,250 Project Square Feet 39,735 Project Revenue $11,669,198 Profit Margin 15% Developer Profit $1,750,380 f i Scenario 2 Traditional Garage Townhome Product Unit A 0 1,279 $305 $389,943 Unit B 20 2,254 $260 $586,040 Unit C 0 1,388 $300 $416,250 Project Square Feet 45,080 Project Revenue $11,720,800 Profit Margin 15% Developer Profit $1,758,120 i Economic&Planning Systems,Inc. _ A-10 >„��„�,� m �• a_a�,:a � ,z� i i Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4,2013 Assuming the rate of return (profit margin) for a developer is similar across the two product types, this case-study example reveals that, in situations where parcel configuration and other site constraints are not present, there may be little financial impact from the ZOA. However, it is important to note the developer would be delivering a different product at a different price point, and market absorption (i.e., quantity of demand for the larger residential product) may or may not be the same. In addition, for projects that have planned on a tandem configuration, there will be significant planning and design costs associated with reconfiguring the project. Policy Recommendation The primary benefit of tandem parking is planning and design flexibility that improves site efficiency. Tandem parking provides a means by which developers are able to meet suburban parking standards without using traditional wide, suburban-sized house lots. In certain situations, the narrow-lot tandem-parked residential products can"fill out" a site, where side-by- side parking formats will not fit. A parking policy that allows a fraction of the units in a residential project to use tandem parking may be appropriate. Based on a recommendation received during the research process, EPS suggests that allowing up to 25 percent of units to be parked in tandem would allow significantly better efficiency in site development. Figure 6 illustrates the application of this policy recommendation (with the same site assumptions that are used the case study analysis, above). In addition to recommending that the ZOA allow a fraction of units to be tandem-parked, EPS suggests that it may be appropriate to exempt from the ZOA portions of the City where high- density development is most desired. While developers may opt for podium-parked projects in certain "premium" locations (e.g., near BART or retail amenities) with sufficiently large sites, narrow and other small or challenged infill sites will likely benefit from the tandem parking option to achieve the desired densities. It is notable that the Downtown Dublin Specific Plan encourages density and parking flexibility. To maximize the potential for development at higher densities, the tandem parking format could be permitted there. Developers seeking to redevelop smaller infill sites may benefit from the use of tandem parking. In addition, these developments are most likely to suffer from the proposed guest parking requirement. f Economic&Planning Systems,Inc, A-11 Economic Impacts of Proposed Parking Zoning Ordinance Amendment Appendix June 4,2013 Figure 6 Case Study of Policy Recommendation (25%Allowance) �p C y. UNIT A-6 UNITS UNIT B-16 UNITS MAX LIVING AREA 1,278.6 SF MAX LIVING AREA 2,254 SF ,I I1Nn0 Ma Lipp A lidn0 LMng A- f Fbor7 i"'nO Rea 0A'aa fbe 1 Fbor2 Fb o,3 f 109'x7 Ft-2 A-3 27x10' 77x40' 23'.67 It SpS SF IB100 1�10S 4140F 0200F 0200F BsFt Fna t ISIS'x 40' Fbmrl 010.50.5 77' •SS I.S SF SOB YF C 25%TANDEM GARAGE/75%SIDE BY SIDE GARAGE TOWNHOMES 2 CAR GARAGE UNIT TYPE A:15,25'X 40'UNIT FOOTPRINT W(TANDEM GARAGE 4 UNIT TYPE B:23'X 40'UNIT FOOTPRINT W/SIDE BY SIDE GARAGE FRONT SETBACK:10' SIDE SETBACK:5' ALLEY WIDTH:32' YIELD: 22 UNITS OR 15.60 du/ACRE Given the relatively high value of land proximate to BART, some developers in the Downtown will opt to develop structured parking, which likely moderates the potential negative effects from allowing tandem-parked units. However, in general, increasing development densities Downtown and other areas of Dublin inevitably will necessitate increased attention to parking management policies within the City. If the City chooses to continue to allow tandem-parked projects in strategic locations where density is desired, EPS recommends that the City consider additional alternative parking policies, potentially including a parking in-lieu fee program, street parking permitting, and flexible parking ratios. Economic&Planning Systems, Inc. A-12 1