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
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
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