4. Uptown Waterloo Parking Utilization

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Session: Uptown Waterloo Parking Utilization Presenter: Christine Tettman, City of Waterloo

UPTOWN WATERLOO PARKING UTILIZATION Drivers, Uses and Public Engagement

THE CITY OF WATERLOO • Located in the heart of Canada’s Technology Triangle • Population of 134,600 • Home of renowned postsecondary institutions

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UPTOWN WATERLOO • Vibrant uptown core • More than 400 businesses • Place of learning – Perimeter Institute for Theoretical Physics – Centre for International Governance Innovation – Balsillie School of International Affairs

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UPTOWN PARKING • Permit parking • Hourly no charge parking • Longer stay paid parking

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BACKGROUND • Utilization study completed in 2006 • Uptown Waterloo Parking Strategy completed in 2008 – Identified a need for parking north of Erb Street – Recognized parking lots are the remaining significant land parcels to be developed in the uptown

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PARKING STRATEGY Some of the recommendations: • Actively plan for a new parking facility north of Erb Street and East of King Street • Demonstrate Transportation Demand Management leadership • Shift true cost of parking to end user • Increase monthly parking rates by 10% annually and hourly by 25% every 5 years

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COUNCIL DIRECTION • When considering parking rates for 2014, Waterloo City Council directed: – “that staff report to Council with information relating to a break-even parking enterprise model prior to Council’s consideration of 2015 parking rates.”

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PARKING FINANCIAL MODEL • Unknowns – – – – –

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ION ridership impact on parking demand Parking lot redevelopment Future developments Shift to structured parking Impact of pricing on transportation choices

PARKING FINANCIAL MODEL • Where to start – ION Ridership

• clear picture of parking demand prior to ION operations – Land disposition

• what would parking utilization be if the City decreased its parking supply? – Shift to structured parking

• where is parking most heavily utilized?

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PARKING FINANCIAL MODEL & FUTURE IMPACT ANALYSIS • • • •

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Transportation focus Centered around gathering data through updated studies Gathering data through public engagement Information used in financial model

UTILIZATION STUDY • Completed in April 2016 – Updated parking inventory

• commercial, institutional and professional parking – Parking utilization update

• typical weekday and weekend conditions

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PARKING INVENTORY

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Location

Number of Spaces

City Owned Lots

1,792

On-Street Spaces

284

Private Lots

2,293

Total

4,396

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WEEKDAY UTILIZATION North Zone Parking Area

Maximum Demand

Average Demand

On Street Parking

64%

52%

City Owned Parking Lot

8%

5%

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WEEKDAY UTILIZATON Central Zone Parking Area

Maximum Demand

Average Demand

On Street Parking

44%

29%

City Owned Parking Lot

38%

28%

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WEEKDAY UTILIZATION South Zone Parking Area

Maximum Demand

Average Demand

On Street Parking

59%

43%

City Owned Parking Lot

69%

57%

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SATURDAY UTILIZATION North Zone Parking Area

Maximum Demand

Average Demand

On Street Parking

66%

52%

City Owned Parking Lot

17%

10%

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SATURDAY UTILIZATION Central Zone Parking Area

Maximum Demand

Average Demand

On Street Parking

28%

15%

City Owned Parking Lot

20%

12%

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SATURDAY UTILIZATION South Zone Parking Area

Maximum Demand

Average Demand

On Street Parking

52%

37%

City Owned Parking Lot

47%

36%

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UTILIZATION SUMMARY • Ample parking supply in Uptown Waterloo – Maximum on street demand 64% – Maximum off street City owned demand 69%

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PUBLIC ENGAGEMENT • Completed at two public engagement sessions and through engageWaterloo – 10 individuals signed in at the public engagement sessions – 108 individuals reviewed the information on engageWaterloo – 6 hard copy and 50 electronic completed feedback forms received

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT

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PUBLIC ENGAGEMENT Overview of additional comments outside scope • Consider options to provide parking through public-private partnerships and mixed-use developments • Consider improving signage to reflect real time parking space availability • Include innovative payment methods • Consider parking benefit districts • Include bike parking in the study • Consider redistributing the supply of parking away from the Uptown 37

REPORT TO COUNCIL Report recommendations: • That proceeds from the sale of any City parking lands be deposited into the Parking Reserve • That parking pricing be used as a TDM tool • That Council confirm support of the recommendations of the uptown Waterloo Parking Strategy and the locations identified as potential locations for future municipal parking • Beginning in 2018, staff undertake annual parking utilization studies • That staff explore partnership opportunities • That staff report back with updated financial forecasting when setting annual parking rates 38

MOVING FORWARD • Annual utilization studies starting in 2018 • How utilization numbers will be used – Built into financial model growth forecast – Determine ION ridership impact on parking – Inform Council’s decision on future parking needs

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