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HomeMy WebLinkAboutAgenda Item - 2024-10-28 - Number 07.1.2 - Staff Presentation PP 22-0001/LU 24-0025 Community Development 111.111 O tL H � OREG04 Citywide Parking Reform (PP 22-0001, LU 24-0025) Climate-Friendly & Equitable Communities (CFEC) Planning Commission Public Hearing October 28, 2024 Overview 1. Background 2. City Response to CFEC Rules 3. Draft Code Amendments , ,11111k ' 1 • Recent Changes in Response : f� :• } a. to DLCD Comments r• 4. Next Steps ()yA E - .00110, LU 24-0025 PAGE 1 OF 16 1 Background Climate Friendly & Equitable Communities (CFEC) Program Purpose • Implements former Governor Brown's Executive Order 20-04 • Reduce GHG emissions by: LC DLCD — Directing development into mixed use centers and areas with transit; — Making walking,cycling,and transit safer and more convenient; and — Providing people with access to services and destinations. • Parking reform targeted because more parking leads to more driving/ more GHG emissions 041AEA R+ V _1 0 OREGOc LU 24-0025 PAGE 2 OF 16 Why Reduce Parking Mandates? (1of4) Market-based approach to parking that would be driven by supply and demand — No mandated parking does not mean that no parking will be provided MI n ' % r t RI� rzne rs _ lug' i ,'Ati#4;:iz .. ti :it Alig n, to �.. - I 1 ..�L „ham .9[ =q- r F -4 / S d 1�5. �> �j/ / Y 1 di. "Of 13th and Olive in Eugene built two new 700 ,s -4TD stall parking garages even though none were Edge Corvallis student housing provided 2.7 IU CI OI required.Source:DLCD. spaces/unit(2.56 mandated).Source:DLCD. \,OREGOc\ Why Reduce Parking Mandates? (2of4) Parking uses a lot of land Most cities have a parking management problem, not a parking supply shortage 1 I ■■ - _ - 1_ ,:�. ■ �.� Y;U 7 4 1bu7. 4�fl1 t it: ! a R z D 11 11 _ B. In T f a a � u e i •e ®! i osa 1 i - �" i I I it ,�PI 11 L, Till ` 1 • 1i [CM -.: _ ■ 1 BEDROOM APARTMENT 1.5 PARKING SPACES , ry 1 NM FT. INCLUDING AISLES r' Yh i , . ___,:,, . _,,_ _„___,„ 088 FT' E I R ''' Source:Sightline Institute --T ,.,__L , . .1 , , ,',Ual, 11161W1 F-1;11 '-' - EMI / --r' ' 44- 4--- Source:DLCD OREGO� LU 24-0025 PAGE 3 OF 16 Why Reduce Parking Mandates? (3of4) Parking is a significant expense and displaces housing Building a Parking Space Affordable Housing Development (not including land cost and opportunity cost) (King County WA) Eugene:$42,000/space parking garage one space/unit[easing costs+12.5% Corvallis:$11,0001space surface(IDG°ding mug) $62,000/space garage(including land.debt/ two spaces/unit leasing costs+25% Surface off-street:$1,500-$12,000 Parking means cities build Residential garage:$15,000-$50,000 fewer affordable housing units Source:DLCD Source:DLCD Parking's Share of Housing Costs Litman(2019): 04 ,E O 10-20%of Total Housing Cost s H Gabbe and Pierce(2016): V __ C) 17%of Rent Source:DLCD DREG O� Why Reduce Parking Mandates? (4of4) Demand Versus Supply Brier fmw8 Many parking spots are 1.5 Famlly 8l es S"�"150 no underused 1.2 dyIIMG°rl °°°Supply:1.80 .'slem.Woel Supple 55 0 OB— Demand:o.95—ti Dem.. sa Demand: Srl o Te SYPPI^°SC m Damara 129 King County:40%avg.unused E D.B Dema^e Dnn Ss apN+�sa a Maoles Demand 1.38 Albany,OR:30%avg.unused ..r;:—Supply 0.61 m os- Demand:Da] Trpa4llM�Y= dgra.03 Bay Area:28%avg.unused a 5oe55• �_°� Hillsboro:25%avg.unused 0 •00 .0 0.5 1.0 1.5 2.0 Supply(Stalls/Unit) atio ]90L]5460.83L50] L25iillliiiiiiAii ! Log0.50 o.s0.50125 1111111 B.pDS U 0 n _ W n ,� Source:DLCD OREGo LU 24-0025 PAGE 4 OF 16 CFEC Rules: Overview 0 Parking- Phase A — By December 31,2022 O Electric Vehicle (EV) Charging o _ — By March 31,2023 '—' "' _ 111111 • Parking- Phase B �r i' — By December 31,2024 = _ _ • Transportation Systems Plan ----, - (TSP) Update \ \ 1 — Start by 2029 41 04lA jt E4 � , V ,•'" . O DREG O� iti - , City Response to CFEC Rules hit =HREMENJ LU 24-0025 PAGE 5 OF 16 Parking — Phase B Option 1 Options 2 and 3 OAR 660-012- OAR 680-012-0426 through 0460 0420 Due by December Reduce parking burdens—adopt eight land use regulations related to reduced 31,2024 mandates based on rs such OARa600-o12 parking,sister panels,parking space accessibility,on-street parking Cities with populations 100.000.adopt on-street parking prices equivalent to at least 500/day per spot for 5%110%of total on-street parking supply by Seetenlber 30, City must select one Repeal all 2023/2025(OAR 660.012-0450;effective dales per OAR 505-012-0012(4)(g)) parking of three options mandates within parking Wynn Approaches the jurisdiction Do the above,and choose ONE of the following(option 2-or-option 3) Policies to take effect no later then June 30,2023 (effective data per OAR 660-012-0012(4)(f)) Option 2 Option 5 OAR 6130-012-0445(1)(a)- OAR 660-012-0445(1)(b)-Adopt regulations Adopt at least 2 of 5 policies minimizing or exempting required partdng for 15 no additional below,including one development types(summarized below) action needed from options f-0 1. Unbundle parking for No mandates for variety of specific uses,small residential units sites,vacant buildings,studlo/one bedrooms, 2. unbundle[eased commercial historic properties LEED or Oregon Reach parking Code developments,etc 3. Flexible commute benefit for No additional parking for businesses with more than 50 redevelcpmentsladdikons employees 4. Tax on parking lot revenue No parking mandates within%mile walking 41,A EO 5. No more than''A space/unit distance of climate-hlendiy areas. J` mandated for multifamily eet development residential dparkict ng manage Ounbundl rn resideg n parking r require y residential of - L7 parking irgrn rant for multi-family resitlerrtial - mean, 0 units. Source:CFEC Parking Reform Overview,DLCD,January 10,2024 OREGO\--, Options for CFEC Compliance Option 1:No Mandates Option 2:Fair Policies Option 3:Reduced Repeal minimum parking Implement two(of five) Red Tape requirements citywide options: Eliminate minimum parking Nothing further required 3. Flexible commute requirements for: benefits required for • Studios/one-bedroom employers of 50+ppl apartments 4. Establish a tax on • Group quarters commercial parking lots • Transit-oriented and ALSO,pick one of these two: mixed-use development ® a. Remove parking mandates within and mile from • New uses/expansions '/o Historic districts Town Centers;OR b. Adopt parking • LEED/Reach Code management in Town • Buildings vacant 2+years Centers-including: • Small businesses • Paid on-street • Schools parking • Bars • ''A space per unit • •E required for • Development within and 0 • A-mile from Town Centers 'rty residential use of • No mandates for commercial use �REGO% LU 24-0025 PAGE 6 OF 16 Option 1: No Mandates PROS CONS Ease of Implementation Simple,easy to explain/understand - Reduces staff workload Cost of Implementation Minimal to no additional cost - Level of Flexibility for Results in the most flexible regulations for - Businesses new businesses citywide by eliminating parking requirements Level of Flexibility for Results in the most flexible regulations for - Development all development types citywide by eliminating parking requirements Impact on Development Likely to reduce the cost of development— - Costs including housing development—citywide Impact on Parking Consistent elimination of requirements - Regulations would apply evenly citywide Eliminates regulatory barriers Impact on Existing Mostly applies to new development or - Developments changes of use Other Parking provided in response to market Could result in neighborhood parking demand overflow in some circumstances.Over the long-term,the City may need to 4 'E Q implement additional parking 0 `rat management policies to mitigate this _ potential outcome. aixoni OREG O\--‘ Option 1 REPEAL ALL PARKING MANDATES ET PARgNG SPACEREGtIIREMEIRS king Space Reque re See reducing te minilumof-stret parkin, aces CDC • No further action required Type of Rules Nucits based omyps of •race requirements basfronrapes. used from transit. (E)COMMER• 1.Office.includin• and management 333 spaces per 1,000 sq.ft.G.. ental Oregon cities that chose Option 1: 2.Mees`xandde .incept in-. °'dorM g p accessory and dentalorin°,dinGstry. 39 spews per 1,000 sq. -FA. ccessorylaboratodes for ne,dentistry. • Portland • Tigard arts vetednadan practice or other•tl ices of Me healing 3.Bank 25 spares p: 700 sq.AGFA. • Salem • Central Point 0Supermarket 2.9 space• -r 1,000 sq.x GFA. 5.Convenience food store 22s•-0 per 1,000 sq.AGFA. • Corvallis • Albany 6Specialty food stores.such as coffee,bagel w ces per 1,000 sq.fl.GFA. bars(take.out foodldrink primarily)(2] • Bend • Beaverton T Eating or drinking eslabIIMmentl,l 3 spaces per100.01.GFA 8 Eating or drinking establiMmerd with driveui •-cos per 1,000 sq.fl.GFA. window EI 9.Barber shop.beauty mica,personal rMires,dspac= -r 1,000 sq.ft.GFA plus 0.5 space per such as nail.tanning,and therapeutic• -age Marvin Unanimous Council preference for salons 10.Rota sales and rentals,ex as others 3.3 spaces pm 'r sq.fb GFA. this option specMed herein DI 11.Heavy equipment• .such as yard and fool l space per 1.000 sq. .FA plus 0.5 per employee equipment 12.Service or re•c •p such as electronic and 16 spaces per 1,000 sq.h• •. home apyia•-. ,alr,upholstery 13.Aumm•r epair garage and serriceMat, 16 spacesper1,000 sq.RGFA.. 0.5 per employee • •E\ u. ,ry calm*Plus .5 W..ere matlmum• ladum tr�\\ 1 p ace pw lS ss based nm mimu kryon 15.Martial arts,music,dance,gymrastice,yoga 1space per 100 sq.lb G.F.A.of lesson activity •r F cm re, studios area,pus 0.5 apace per employee '‘"•.9.REGO% LU 24-0025 PAGE 7 OF 16 Public engagement to-date • Targeted outreach to key • Project website,email list project stakeholders since October 2023 • General Information/FAQs page, including comment form — Lake Oswego Sustainability Network(LOSN) • Four Planning Commission work — Lake Oswego Chamber of sessions Commerce&Lake Grove Business • Four Council study sessions Committee — Diversity,Equity,and Inclusion(DEI) • Hello LO articles Advisory Board • Community Forum event held — Mayor's Roundtable on July 24,2024 — Neighborhood Choirs Committee (tentatively scheduled for 11/16) • Presentation to Lake Forest, Lake /o4tiA Epp Grove, and Waluga NAs H (tentatively scheduled for 11/20) o OREGGN� Draft Code Amendments LU 24-0025 PAGE 8 OF 16 Comprehensive Plan & Code Amendments Staff has developed draft Comprehensive Plan and code amendments to comply with applicable CFEC rules: • Parking Phase A-Reduced Parking Mandates,including the Parking Reform for Equity Uses and Parking Reform Near Transit provisions; • Electric Vehicle Charging(Items 16 and 39); 10/25—Amendment to Item 39 to clarify that,per ORS 455.417(3)(a)(A),commercial buildings under private ownership must provide sufficient electrical service capacity to serve no less than 20 percent of all vehicle parking spaces. • Parking Phase B—Exemption for Communities without Parking Mandates(Item 24); • Parking Phase B—Parking Regulation Improvements;and o4tiA Ep • Parking Phase B-Parking Maximums and Evaluation in More s H m o Populous Communities. c-3 Ai avow OREG oc' Parking Regulation Improvements clof2) J • Item 37:Require preferential placement of %1 virV .v. carpool/vanpool parking Ak.,4, . P jr Existing code provisions require preferential 4110 4 placement for carpools and vanpools,but an amendment is needed to remove a reference to IL required parking spaces. Item 38:Allow redevelopment of any .'<11, +' `'\;��� portion of a parking lot for bike or transit :41117-r471% ;11'2..C7-- --; r uses itk 4y Existing code includes language that complies with i the transit-related provisions of this rule,but an .... ,�� � /_ ' amendment is needed to apply the standard to bicycle-oriented facilities. /yA E\ SjL F R+ V ....... 0 OREGO� LU 24-0025 PAGE 9 OF 16 Parking Regulation Improvements (2of2) Allow and encourage redevelopment of underutilized parking for other uses (no amendments needed) "A jurisdiction repealing parking mandates l "u ,, d :',0," per OAR 660-012-0420 is in compliance ,,-,u alle. f with this requirement for off-street parking 1. '47."; ! - without further amendments." *Further policy action needed,per DLCD guidance* oaynme Allow and facilitate shared parking - Resldennal Office (no amendments needed) Building Building "The department expects to consider ♦Jlt g�aa jurisdictions opting to repeal parking y+ 4a�''V mandates pursuant to OAR 660-012-0420 ; F 41' A E OJT in compliance with this section.' Frd V .....- 0 Shared:Right-sized Parking \ ) OREGOc New Surface Parking Lots > % Acre (loft) Item 29:Any new development that includes more than one-half acre of new surface parking on a lot or parcel,"must provide a climate mitigation action": / `� (A) On-Site Solar.Installation of solar panels with a _` generation capacity of at least 0.5 kilowatt per '�� `- new on-site parking space.Panels may be located "f...,,, _� anywhere on the lot; _` - (B) Renewable Energy Fund.Payment of at least AVE---- - l $1,500 per new on-site parking space into the ��� I t City's fund dedicated to equitable solar or wind _ . C energy development or a fund at the Oregon - - y Department of Energy designated for such —4 lili purpose;or - - u_ (C) Tree Canopy.Tree canopy covering at least 40 7 percent of the new parking lot area within 15 years of planting. 1A E 04 ONI 10/25-Amendment added to Item 28 to clarify that this section applies to all private H' ''I developments and some public agency development(except those required to comply with OAR 0 0 330-135-0020),rather than exempting all"public agency"developments(as previously worded) OREGO� c LU 24-0025 PAGE 10 OF 16 New Surface Parking Lots > ' Acre (2of2) Item 30:New surface parking lots larger than'A acre must �,, ..si ..'n' provide either: ` 1141. (1)trees along driveways;or t•, f ,;' ' '' )i. (2)a minimum of 30%tree canopy coverage over new parking areas x'rfr=<i Item 31:Require new surface parking lots larger than%acre - to,"provide pedestrian connections throughout the parking lot,"that connect"building entrances","existing or planned of pedestrian facilities in the adjacent public rights-of-way", } ° `, "transit stops",and"accessible parking spaces". Item 32:Require coordination with the local electric utility . for tree canopy plans - Item 33:Require applicants to follow specified tree planting ^T �._ --.-i. -r.... standards to fulfill any of the tree canopy requirements ��: o •r.s yn s 10/25—Amendment added to Item 33 to adopt 4 0 sP4, clear and objective standards through direct S reference to the 2021 American National - U WIMP ° Standards Institute(ANSI)A300 standards OREGOt" Current Parking Maximums TABLE 30.06.002-2:MAXIMUM OFF-STREET PARKING SPACE REQUIREMENTS Zone Type of Use Maximum Number of Parking Spaces FMU Nonresidential 3 spaces per woo sq.ft.G.F.A. Commercial Residential r space per room Residential 16 speces per dwelling unit Other Zones Nonresidential Either 125%of the number of parking spaces required under Table 5o.06002-3(without applying the Parking Requirement Modifiers, Table 50.06.002-4)or the required number of perking spaces deter- mined by the Parking Study Method. Residential No maximum The City's current maximum parking regulations were originally adopted in 1996 to comply with Metro's Regional Parking Policy. Generally speaking,the City's current maximum off-street parking space regulations only apply to nonresidential uses,and this maximum is calculated as 125%of the minimum number of spaces required under Table 50.06.002-3 4yn s� There are currently no maximum parking requirements for AN"' residential uses in the City. Hr* 0 o DREG Ott LU 24-0025 PAGE 11 OF 16 CFEC Parking Maximums: Applicable Areas OAR 660-012-0415 requires that Lake Oswego set certain parking maximums in the following -h-"�` !' m ti areas(Parking Area A): ,a: —, •� ' ~• The Downtown Redevelopment I , e ; °��`j Design(DRD)Overlay District; ' p --r'-`y.+; i %� ..... °jo , • The Lake Grove Village Center -7� �' _ ,F '" `.. iII Overlay(LGVCO)District;and % Jai a °tom^ • Properties located within one- • .. ., half mile of TriMet Bus Line _8_ `• #35,which covers a broad f -t 1 - ' corridor along Highway 43/State ---•:/% ..,` ;„ •.) t' "'° x Street,and in Downtown Lake `�ti � — ---- The Clry of Lake Oswego Oswego ,-'` ''''9Ames • Parking Area B will - -- I O4yA E OJ encompass the rest 10/25-Amendment to Item 21 to add direct links to maps m of the City depicting the Metro 2040 centers(DRD and LGVCO)and lots (4', _- 0 within the transit corridor listed in OAR 660-012-0440 to the notes for Table 50.06.002-2 OREGOc Metro Parking Maximums Table 2.01-3-Regional➢azk=ne Ratio• Additionally,the City must (Parking ratios are payed o spaces per 1,009 sq. ft of gross leasable area onwert ether comply with the maximum parking ratios outlined in Table _ 3.08-3 of Metro's Regional °° °«•_;„;'„° '.°.°,'-°°° Transportation Functional Plan ° (RTP) IF ; • io; Mr.l'.°. _., Some of the existing maximum 1teseholloeparking regulations in LOC »..=P°' �°" °'°°° 50.06.002.2.a.ii(4)currently do not comply with the table Metro applies their maximum - .. °°—° parking ratios within similar :"r"°n°` °m geographies to CFEC(Zone A and "n�° Zone B) 1.31.193.3141 Au 7. E\ Proposed amendments ° e 1ee. 04 't comply with the more F j 'n restrictive of the two •,` "` '`'" /lam o r. �.�_ °°°. „°. regulationsmiliAimito OREGO� LU 24-0025 PAGE 12 OF 16 Proposed Parking Maximums: Residential Within Parking Area A,the following rules apply to residential uses: Parking maximums shall be no higher than 1.2 off-street parking spaces per studio unit and two off-street parking spaces per non-studio residential unit in a multi-unit housing development....These maximums shall include visitor parking[OAR 660-012-0415(1)(a)]; This required a decrease to the maximum parking permitted for multifamily residential in Parking Area A,as there is currently no maximum. Detached single-family dwellings,middle housing,and multifamily residential uses located in Parking Area B will continue to have no maximum parking limitations. (AIRESIWITML grnnit gong Ai Downtown, Late Groua,hus Lire 35 Zamh:Recf of Clry cosrldor Wthen Highest highM. Highest [assent LD (CHEO (mural (CRC) (Mengel CDC 1.5ngle.f2 miry dwelling and m1dlehauslne NCMaz NOMaz NOMax NOMax NOMac 3.Accessory dwelling unR Na Maz NU Maz Na Max Na Maz NU Man 3.Muhl tangly lA r`0 i.Studio/ lenq 1.2 5,Max NO Max 5,Max NO Mar /04f� ii.Ihetlrmm ] NO Max Ne Max Na Max NO Mav rn 111.2 ermwe hedrowm 2 NO Maz NO Maa NO Maz NO Mac 0 ni.ln FMU Sore 2 ho Max NO Max No Max 16 OREG Oc\ Proposed Parking Maximums: Commercial To comply with OAR 660-012-0414(1)(b),parking maximums within Parking Area A are proposed to be no higher than five spaces per 1,000 square feet of floor space for all commercial and retail uses other than automobile sales and repair,eating and drinking establishments,and entertainment and commercial recreation uses Other amendments were needed to comply with the maximums outlined in Metro Table 3.08-3 • This results in a decrease to the maximum parking permitted for office uses to 3.4 spaces per 1,000 sq.ft.in Parking Area A,and 4.1 spaces per 1,000 sq.ft.in Parking Area B • It also results in a decrease to the maximum of 5 spaces per 1,000 sq.ft.plus 0.625 spaces per station for barber shops,beauty salons,and personal care services(such as nail,tanning,and therapeutic massage salons)to 5 spaces per 1,000 sq.ft.in Parking Area A(with no additional parking allowed based on the number of stations) 041AE� H- V __ 0 OREGO� • LU 24-0025 PAGE 13 OF 16 Proposed Parking Maximums: Extremely Large Buildings and Non-Surface Parking To comply with OAR 660-012-0415(1)(c), Item 20 specifies that,within Parking Area A,extremely large buildings with more than 65,000 sq.ft.of floor area may not provide more surface parking than the floor area of the building. To comply with OAR 660-012-0415(1)(d), Item 20 also outlines an exception to the maximum parking regulations for non-surface parking,such as tuck- under parking, underground and subsurface parking,and parking structures. To comply with Metro and OAR 660-012-005(32), Item 20 additionally excludes the following from maximum parking regulations: • fleet parking; • employee carpool and vanpool /o4tiA Eo • vehicle parking for parking; and s\ sale, lease, or rent; • parking provided under the o Americans with Disabilities Act. OREG Oct Proposed Maximum Parking Regulations Amended Table 50.06.002-2 now aligns and simplifies parking ratios for similar uses [Item 21] Modifies the City's maximum parking regulations to the highest possible maximum parking ratios permitted under OAR 660-012-0415(1)and Metro Table 3.08-3,with additional tweaks for ease of implementation and clarity Results in increases to the maximum number of spaces permitted for: • Medical and dental offices or clinics • Service or repair shop,such as • Light industrial,industrial park, including accessory laboratories for electronic and home appliance repair, manufacturing;storage,warehouse, medicine,dentistry,veterinarian practice upholstery; wholesale establishment,freight or other practices of the healing arts; • Bank; terminal,truck or auto storage; • Sports club/recreation facilities,including Auto,boat,or trailer sales; • Senior high and equivalent private or billiard and pool parlors,video arcades, parochial school; dance hall,gymnasium,health club; • Automotive repair garage and service station; • Elementary or middle school or • Bowling alley; equivalent private or parochial school; •• Stadium,arena,theater; Eating or drinking establishment; . Nursery,day or child care facility, • Eating or drinking establishment with kindergarten; • Convenience food store; drive-upwindow;win • Library,readin • Supermarket • Specialty food stores,such as coffee, gallery; groom,museum,art • Retail sales and rentals; bagels, g y 1,A E g juice bars(take-out food/drink fL Churches,clubs,lodges,meeting rooms, `t • Furniture,appliance primarily); H pP and auditoria;and rri store building materials; • Hotel or motel; • Hospital. V _- 0 • Mini-storage facility; pl OREGO� LU 24-0025 PAGE 14 OF 16 Schedule & Next Steps Citywide Parking Reform—Schedule Rulemaking Updates&Extension Request Council Study Session#1 Jun 21,2022 [Jun 2022-Jul 2023] PC Update#1 Jun 27,2022 PC Update#2 Jan 9,2023 PC Work Session#1 Jul 24,2023 Project Background and Alternatives CC Study Session#2 Sep 5,2023 [Aug—Sep 2023] PC Work Session#2 Sep 25,2023 Initial Concepts&Recommendations Targeted Outreach Oct 2023-now [Oct 2023—May 2024] PC Work Session#3 Nov 27,2023 CC Study Session#3 Dec 5,2023 Draft Code&Comprehensive Plan Drafting,Internal Review Jun—Oct 2024 Amendments PC Work Session#4 Jul 22,2024 [Jun—Sep 2024] Community Forum Jul 24,2024 CC Study Session#4 Sep 3,2024 Code&Comprehensive Plan Amendments PC Hearing Oct 28,2024 a [Oct—Dec 2024] CC Hearing Dec 3,2024 Final Adoption Dec 17,2024 04 i,P\ r" 9REGG% LU 24-0025 PAGE 15 OF 16 Questions? I Option 1 Option 2a Option 2b Option 3 Ease of Simple,easy to explain and More difficult to explain and Challenging to implement The most difficult option to Implementation understand understand Adds complexity explain and understand Reduces staff workload Increases staff workload Increases staff workload Cost of Minimal to no additional cost Increased complexity and cost Requires new regulations and The most complex option to implement compliance monitoring Implementation Requires new regulations and Requires new regulations and Paid parking would have compliance monitoring compliance monitoring budget impacts and require additional staff resources Level of Flexibility Results in the most flexible Some flexibility for new Continues regulatory barriers Some flexibility for new for Businesses regulations for new businesses Flexible commute program businesses businesses citywide would impact businesses Level of Flexibility Results in the most flexible Some flexibility for Minimal additional flexibility Some flexibility for development for Development regulations for all development in ake Grove for development in Lake Grove development types citywide Impact on Likely to reduce the cost of Likely to reduce the cost of No likely reduction in Likely to reduce the cost of Development Costs development—including development—including development costs development—including housing housing development— housing development—within development—within Town citywide Lake Grove Centers Impact on Parking Consistent elimination of Reduces regulatory barriers Paid on-street parking Reduces regulatory barriers requirements would apply Regulations evenly citywide Regulations depend on use No reduction or elimination of Regulations depend on use and and location/proximity location/proximity Eliminates regulatory barriers regulatory barriers—would Differing impacts in different result in the highest possible Differing impacts in different parts of the City parking requirements parts of the City Impact on Existing Mostly applies to new Flexible commuter benefit Paid on-street parking and Unbundling and paid on-street Developments development or changes of program would apply to commuter benefit program parking would impact existing use existing development would apply to existing development development Other Responsive to market Incentives for sustainable Incentives for sustainable Incentives for sustainable Could result in overflow to infrastructure or accessible infrastructure or accessible infrastructure or accessible neighborhoods;may dwelling units dwelling units dwelling units necessitate parking Could result in parking Based on outdated regulations, Could result in parking overflow management overflow near Lake Grove not demand near Lake Grove LU 24-0025 PAGE 16 OF 16