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HomeMy WebLinkAboutStaff Report 7652 City of Palo Alto (ID # 7652) City Council Staff Report Report Type: Informational Report Meeting Date: 5/8/2017 City of Palo Alto Page 1 Summary Title: Downtown Monitoring Report 2015-2016 Title: Palo Alto Downtown Monitoring Report 2015-2016 From: City Manager Lead Department: Planning and Community Environment Recommendation This is an informational report and no Council action is required. Executive Summary The annual Commercial Downtown (CD) Monitoring Report tracks total non-residential growth, office and retail vacancy rates and parking deficits in Downtown Palo Alto in accordance with the Comprehensive Plan and Palo Alto Municipal Code. The non-residential square feet development includes all commercial projects approved in CD zone. The overall CD zone vacancy was 4.1% and 3.3% in the CD-Community, Ground Floor (GF) and Pedestrian (P) Combining District subdistrict in the 2015-2016 development cycle. Approximately 4,570 of commercial square footage was added in the CD zone in this reporting cycle. The current parking deficit is now at 795 parking spaces downtown, due to the number of public parking garage stalls, parking exceptions granted to entitled projects and constructed parking spaces. Background The 1986 Downtown Study implemented a Development Cap to limit future non-residential development activity in the CD zoning district. A growth limit of 350,000 square feet beyond what existed or was approved in May 1986 was put in place. The study also required a re- evaluation of CD zoning regulations when net new development reached a threshold of 235,000 square feet. This development cap is reflected in Comprehensive Plan Program L-8 and Palo Alto Municipal Code (PAMC) Chapter 18.18.040. Comprehensive Plan Program L-8 requires that the growth limit cap be re-evaluated once the City approves 235,000 square feet of new development. This milestone was reached in 2013 and a study is currently in process in conjunction with the Comprehensive Plan Update. City of Palo Alto Page 2 Discussion Palo Alto Municipal Code (PAMC) Section 18.18.040 and Comprehensive Plan Program L-8 require City staff to monitor and submit an annual report to the City Council regarding the development activity Downtown, consistent with the 1986 Downtown Study. This report (Attachment A) is prepared annually to meet this requirement. The annual Commercial Downtown Monitoring Report tracks total non-residential growth, office and retail vacancy rates and parking deficits in Downtown Palo Alto. As part of the Comprehensive Plan Update, the City Council adopted a motion at the January 30, 2017 hearing on the draft Land Use and Community Design Element to eliminate the Downtown cap found in the existing Program L-8 and focus instead on monitoring development and parking demand. The review of the draft Land Use and Community Design Element has been scheduled to be discussed by the City Council again on May 1, 2017. The entire Comprehensive Plan Update is anticipated to be reviewed by the City Council for a decision at the end of 2017. Planning Department staff compiles this annual report using a variety of sources. The sources include:  Planning Department’s non-residential development data of projects with Entitlements approved,  Office and retail vacancy data collected from local real estate leasing agents, internet websites and field work, and  Office and retail rental rates from local real estate leasing agents. This report contains data for th e “2015-2016 Development Cycle” with data valid through 2016 on non-residential development, vacancy rates and parking requirement for each project. Entitled Square Footage The Downtown Monitoring Report 2015-2016 (tracks non-residential square feet added in the downtown CD zone during this timeframe. In this reporting cycle only two projects received planning entitlements and added a total of 4,570 square feet. A detailed table (Table 5) with all contributing projects adding net new non-residential square feet since 1986 is provided in Attachment A. Table 1 below summarizes the total non-residential development added in the CD zone since the last reporting cycle (2014-2015). It shows a total of 38,280 square feet is left to reach the growth cap of 350,000 square feet. Table 1. Summary of Non-Residential Development in the CD Zone as of August 31, 2016 City of Palo Alto Page 3 Gross sq. ft. Commercial Downtown Zoning Districts Growth CAP 350,000 sq. ft. Net non-residential SQFT added through August 31, 2016 281,770 sq. ft. Total SQFT development proposal in the pipeline 29,950 sq. ft.* Total SQFT development remaining to reach the CAP 38,280 sq. ft. Source: Palo Alto Planning & Community Environment, 2016 *Pipeline data includes 429 University project (10,660 sf of net new nonresidential space) in this reporting cycle since the project was approved after August 31, 2016. Vacancy Rates The Downtown Monitoring Report also provides information on commercial vacancy rates of the entire CD zone, including the sub districts of CD-C, CD-S, and CD-N and CD-C (GF)(P) zone. The CD zone includes the entire downtown business area, accommodating a wide range of commercial activities serving regional, city-wide, neighborhood as well as local needs. In this reporting cycle the total commercial vacancy rate for the entire CD zone is 4.1 percent. The Ground Floor Pedestrian CD-C (GF) (P) zone includes all parcels fronting University Avenue between Alma and Tasso Street and Hamilton Avenue between Alma and Bryant Street. This district aims at preserving and promoting ground-floor retail activities like personal services, restaurants, hotels and other retail uses that encourage foot traffic and enhance pedestrian activities. The current CD-C (GF)(P) vacancy rate is 3.3 percent. Parking Deficit The Downtown Monitoring Report also keeps track of the parking deficit of downtown commercial developments. A detailed table (Table 6) in Attachment A lists all non-residential projects with their parking requirements and net added spaces. It includes information on projects that qualified for parking exemptions and were not required to provide all of the required parking because of parking exceptions, such as ability to pay an in-lieu fee, and have added to the current parking deficit in the CD district. The parking numbers has been derived from planning entitlement records and building permit data maintained by the City. In this reporting cycle the two non-residential projects with planning entitlement added a parking deficit of 18 spaces. The cumulative parking deficit is 795 spaces. The Table 2 below summarizes the parking deficit from 1986 to August of 2016. Table 2. Summary of Parking Deficit in Downtown CD Zone from 1986 to August 2016 Parking Spaces 1986 Deficit 1601 1986-1990 Spaces Required/Added 162/354 1990 Cumulative Deficit 1409 City of Palo Alto Page 4 1991-2000 Spaces Required/Added 334/318 2000 Cumulative Deficit 1425 2001-2010 Spaces Required/Added 190/931 2010 Cumulative Deficit 684 2011-August 2015 Spaces Required/Added 466/355 2016 Cumulative Deficit 795 Source: Palo Alto Planning & Community Environment, 2016 Policy Implications This report on the Commercial Downtown (CD) zoning area is mandated by Comprehensive Plan Programs L-8 and L-9 and by the Downtown Study approved by the City Council on July 14, 1986. Resource Impact This report has no impact on resources. Environmental Review This informational report does not constitute a project under the California Environmental Quality Act (CEQA) and therefore CEQA does not apply to this agenda item. Attachments: Attachment A: Downtown Monitoring Report (DOCX) Attachment A PALO ALTO DOWNTOWN MONITORING REPORT The Downtown Monitoring Report is an annual monitoring report prepared to meet the requirements of Comprehensive Plan Land use Element Program L-8 and Palo Alto Municipal Code Section 18.18.040. The annual commercial downtown monitoring report tracks total non-residential growth, office and retail vacancy rates and parking deficits in Downtown Palo Alto in the CD zone area. The non-residential square feet development includes all commercial projects with approved planning entitlement in the CD zone. Downtown Palo Alto is the dynamic retail and commercial business hub of the City. It serves not only the City, but also the wider Silicon Valley region. Despite substantial development pressure, the Palo Alto Downtown has retained its unique pedestrian-scale ambiance and charm, with its many landmark historic buildings as well as new mixed use office buildings. Downtown Palo Alto also includes outdoor cafes, coffee shops, bookstores, mom-and- pop specialty stores, art galleries, two movie theaters and numerous restaurants attract shoppers, eaters and entertainment-seekers of all ages. Downtown Palo Alto is served by a transportation network that includes the regional Caltrain system which operates frequent trains up and down the Peninsula between San Francisco and San Jose, the free Stanford Marguerite shuttle bus service, Santa Clara Valley Transportation Authority buses, San Mateo County Transit District buses, Dumbarton Bridge Bus Service, local taxis and an extensive network of pedestrian and bike paths. Downtown Palo Alto has several large public garages, but parking along University Avenue can be difficult during the peak hours. Table: 1 STATUS OF DOWNTOWN NON RESIDENTIAL GROWTH CAP Commercial Downtown Zoning Districts Growth CAP 350,000 sq. ft. Total SQFT development proposal in the pipeline 29,950 sq. ft.* Source: City of Palo Alto, Planning Department. Data through August 31, 2016. *Pipeline data includes 429 University project (10,660 sf nonresidential space) in this reporting cycle since the project was approved after August 31, 2016. Net non-residential SQFT added through August 31, 2016 281,770 sq. ft. Total SQFT development remaining to reach the CAP 38,280 sq. ft. Table: 2 NON – RESIDENTAIL SQFT ADDED IN CD ZONE, 1986 - 2016 Total Downtown Non-Residential SQFT Source: City of Palo Alto, Planning Department. *Data through August 31, 2016. % of Increase Prior 1986 3,313,200 1986-1990 3,347,890 1% 1991-1995 3,360,390 1% 1996-2000 3,412,897 3% 2001-2005 3,409,909 3% 2006-2010 3,455,996 4% 2011- 2016* 3,594,970 4% Non-Residential Development Activity The 1986 Downtown Study incorporated a growth limit of 350,000 square feet beyond what existed or was approved in 1986. This restricted future non-residential development to a total of 350,000 square feet in the CD area (Palo Alto Municipal Code Section 18.18.040 and Comprehensive Plan Program L-8). The 1986 study required City staff to monitor and submit an annual report to the City Council monitoring the development activity. The study also required a re-evaluation of CD regulations when net new development reaches a threshold of 235,000 square feet. This threshold was reached in 2013 and a study was initiated in 2014. Since 1986, a total of 281,770 square feet of non-residential use has been added in the Downtown CD zoned area. In this reporting cycle two projects 355 University Avenue and 300 Homer Avenue received planning entitlement in the CD-C and SOFA I zones respectively and added a total of 4,570 sf nonresidential square footage in the Downtown. Another Downtown project 429 University Avenue (10,660 sf) approved in early 2017 is still included as pipeline project since this reporting cycle ends on August 31, 2016. Because of inclusion of 429 University Avenue in the pipeline, as of August 31st 2016, a remainder of 38,280 square feet of non-residential space is left to reach the 350,000 square feet cap in Comprehensive Plan Program L-8 and Palo Alto Municipal Code Section 18.18.040. Downtown Studies A Downtown Development Cap Study (Phase 1) evaluating existing conditions, developmental trends, parking and traffic needs was completed in 2014. The Study included two detailed reports, a Background Report describing research and analysis of existing land use and development trends, parking, and economic conditions of the Downtown area, and a Downtown Development Cap Evaluation Report assessing current and future non-residential development capacity. Residential uses were not included in the original Downtown Development Cap Phase 1 study. This study is essential to understand the potential of the Downtown area to accommodate more residential development. Staff is currently working on this analysis and expects it to be ready for the City Council review by mid-2017. Council is also reviewing potential revisions to the Land Use & Community Design Element of the Comprehensive Plan and may choose to eliminate the Downtown Cap and focus instead on a citywide cap and monitoring effort as well as an annual limit on office/R&D development. Retail Preservation Ordinance for Downtown In May of 2015 City Council adopted an Urgency Retail Ordinance to establish a moratorium on the conversion of ground-floor and basement retail spaces and “retail like” uses to office or other uses across the city. This ordinance was scheduled to sunset on April 30, 2017 and a permanent replacement ordinance was adopted on March 20, 2017. The ordinance protects retail and retail-like uses from conversion to non-retail uses on a citywide basis, expands the Ground Floor (GF) district boundaries to reincorporate downtown parcels that were previously removed from the district to create a continuous ground-floor retail environment; and adds design standards to the Downtown Commercial – Community (CD-C) (GF) district that support active retail uses and pedestrian-oriented ground-floor design. The ordinance also adjusts the definition of “personal services” to include small exercise studios and similar uses. Projects Demonstrating Special Public Benefits The 1986 Downtown Study reserved 100,000 square feet of the 350,000 square foot growth limit to be used for projects demonstrating special public benefits. Since 1986, eleven projects in the Downtown area have been developed under the Planned Community zoning that requires a public benefit in exchange for providing flexibility that would not be otherwise allowed in the existing zoning designation. Five of the projects exceeded the non-residential floor area that would otherwise be allowed under zoning by a total of 44,078 square feet. The total changes in square footage of these projects are shown in the fourth column of Table 5. The remaining five projects were mixed- use projects that did not exceed allowable non-residential floor areas. No projects in this current cycle were approved using public benefit findings. Projects Qualifying for Seismic, Historic or Minor Expansion Exemptions The Downtown Study designated 75,000 square feet of the 350,000 square foot cap for projects that qualify for seismic, historic or minor expansion exemptions in order to encourage these upgrades. Since 1986, 135,394 square feet have been added in this category. Two projects (300 Homer Avenue and 355 University Avenue) have added approximately 4,053 square feet of seismic and historic rehabilitation in this reporting cycle. These projects are shown in the fifth column of Table 5. Total Commercial Vacancy Rates Staff surveyed downtown CD and CD-C (GF) (P) zoned areas to assess commercial vacancies in February of 2017. This data includes all properties available in the market for office or retail use. Staff consulted several local real-estate agents and website databases to compile a list of properties in CD-C (GF) (P) area, which met the requirements for vacancy. In February of 2017, total commercial Downtown CD vacancy was 136,070 square feet including 20,075 square feet in CD-C (GF) (P) zone. The overall CD vacancy was 4.1 percent, double from previous year. The CD-C (GF)(P) vacancy rose from 2.8 percent to 3.3 percent. Figure: 1 COMMERCIAL VACANCY RATE SINCE 2006 Source: City of Palo Alto Planning Department. Data collected in February of 2017. Table: 3 TOTAL COMMERCIALVACANCY IN CD &CD-C (GF) (P) ZONES Reporting Cycle Total CD Vacant SQFT Total CD-C (GF1) (P) Vacant SQFT 2013-2014 45,760 (1.4%) 11,200 (1.9%) 2014-2015 69,500 (2.1%) 16,850 (2.8%) 2015-2016 136,070 (4.1%) 20,075 (3.3%) Source: City of Palo Alto Planning Department. Data collected in February of 2017. 1 The data presented include CD-C (GF) zoned parcels prior to adoption of Retail Preservation Ordinance of March 2017. 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 % Overall CD Vacancy % of CD-C(GF)(P) Vacancy DO W N T O W N V A C A N C Y Commercial Vacancy Rate for Ground Floor (GF) Combining District The Ground Floor Combining District (GF) was created to encourage active pedestrian uses in the Downtown area such as retail, eating and drinking and personal services. Rezoning efforts were made in 2009 and 2013, to adjust the GF boundaries. Continuous increase in office rental rates and low office vacancies in Downtown for the past few years has created financial incentives to replace retail use with office use. To prevent such conversion, the recently adopted (March 2017) Retail Preservation Ordinance extended the GF boundary to Alma Street and Hamilton Avenue, adding the following parcels: 125, 124, 116, and 102 University Ave., 525, 529, 542 and 550 High St., 539 and 535 Alma St., 115, 150, 156, 158, and 164 Hamilton Ave to the GF combining district. Map 1 shows the existing commercial zoning district and the Ground Floor combining district. There were approximately eight vacant retail properties noted in the CD-C (GF)(P) and RT-35 (SOFA I) zones during the field survey done in February 2017, with little over 20,000 square feet of vacant space. This includes 999 Alma Street (Anthropology Store) accounting for 10,800 sf of large ground floor retail property. Additionally another 7,770 sf of ground floor retail space in CD-N(P) zone at 217 Alma (North Face Store) has been vacant since last year. So far the City has not received any formal redevelopment proposals for these two sites. Commercial Vacancy Rate for Remainder of CD Zone The entire CD area has approximately 3,850,000 gross square feet of floor area, including approximately 330,000 square feet within the SOFA CAP Phase 2 area. About 525,000 square feet is used for religious or residential purposes or is vacant and not available for occupancy. Thus, the square footage of available commercial space is approximately 3,325,000 square feet. In this monitoring cycle, there was a total vacancy of 115,995 square feet in rest of the CD zone. This includes total square feet of CD-C (GF) (P) second, third and fourth floor vacancies in addition to the CD zone. This vacancy equals a rate of 3.5 percent compared to 2 percent of 2014-2015 year’s number. This number is higher than last year due to multiple second and third floor office vacancies of over 5,000 square feet. Though the overall CD-C vacancy rate has reduced considerably from its peak in the 2008-2009 period from 6.6 percent to 4.1 percent this year, the downtown vacancy rate is gradually rising from 2014. More than 85 percent of the total vacant square foot is listed for office use. Retail Rental Rates Increases in the commercial retail rental rates have slowed down from previous year. Uncertainty in demand for retail space because of increasing trend of online shopping has led to slowing down of retail rental rates. February 2017 survey of Downtown retail rates ranges from $4.50 to $7.50. The lower end of this range is generally for spaces in older buildings and away from University Avenue. For some vacant properties outside the downtown core, rental rates have been listed as negotiable. Office Rental Rates Based on the information gathered from the commercial real estate agents listing properties for lease in Downtown, rents for Class A Downtown office space (i.e. newer and/or larger buildings on Hamilton Avenue, University Avenue and Lytton Avenue) has gone up, while rents for Class B and C office space (i.e. older and/or smaller buildings further from University Avenue) has stabilized since last year. At the time of the survey, office rents ranged from $7.50 to $11.00 per square foot. RE N TAL RA TES RE N TAL RA TES Parking Inventory The 1986 Downtown Study set performance measures that established that new commercial development in downtown should not increase the total parking deficit beyond that was existing or approved through May 1986. The term "parking deficit" was first created as part of the 1986 Downtown Study. Since 1986, Downtown commercial developments that have not provided the required parking because of parking exceptions have "added" to the deficit, while new parking garages, street parking and net reductions in existing floor area have reduced the deficit. The chart below summarizes the net deficit created since 1986. As of August 31, 2016 the cumulative deficit stands at 795 spaces. The 18 parking spaces required for the two non-residential projects adding 4,570 square feet in this cycle was accommodated through leasing parking space in the existing local garages and participating in the University Avenue Parking Assessment district plan by paying for a parking in-lieu fee. See Table 6 for project details. Table: 4 PARKING ADDED, AND PARKING DEFICIT CREATED 1986-PRESENT Parking Required for Non- Residential SQFT Added Net Added Parking Space for Non- Residential SQFT Parking Exemptions per 18.52.060 of PAMC Parking Required less Parking Added Total Cumulative Deficit Prior to 1986 -1601 1986-1990 162 354* 51 192 -1409 1991-1995 136 255** 73 119 -1290 1996-2000 198 63 88 -135 -1425 2001-2005 -22 784*** 43 806 -619 2006-2010 212 147 65 -65 -684 2011-2016 466 355 172 -111 -795 * Through Assessment District project provided additional 64 public parking spaces as part of public benefit and Addition of 2 levels of parking to Cowper/Webster garage ** Extensive restriping of on and off street parking ***Construction of 2 city parking garages. 528 High completed on Aug. 2003 and 445 Bryant completed on Nov. 2003 The July 1986 Downtown Study established performance measures that specified that new development in the Downtown should not increase the total parking deficit beyond that was existing or approved through May, 1986 (1600 spaces). The study calls for re-evaluation of the parking exemption regulations when the unmet parking demand, resulting from exemptions, reaches one half (225 parking spaces) of the minimum 450 parking spaces deemed necessary for construction of a new public parking structure. Source: City of Palo Alto 2016 (-) numbers mean project is adding to the parking deficit whereas (+) numbers mean project is decreasing the parking deficit. PA R KI N G INV EN TO RY MAP: 1 DOWNTOWN COMMERCIAL ZONING DISTRICT MAP SHOWING GROUND FLOOR OVERLAY DISTRICT (April, 2017) Page 1 Table: 5 CD ZONE NON-RESIDENTIAL SQUARE FOOT ADDED 09/01/86 TO 08/31/16 Project Address Zoning Planning Approved Public Benefit Bonus Non Residential Square Footage Seismic, Historic, or Minor Bonus Square Footage Net change in Non- Residential Floor Area Prior to 1986 520 Ramona Street A CDCGFP 11/20/1984 - 400 400 1986-1990 220 University Avenue CDCGFP 2/5/1987 - 65 65 151 Homer Avenue CDSP 3/17/1988 - - -9,750 314 Lytton Avenue CDCP 5/5/1988 - - -713 247-275 Alma Street CDNP 8/4/1988 - - 1,150 700 Emerson Street CDSP 9/15/1988 - - 4,000 431 Florence Street CDCP 9/15/1988 - 2,500 2,500 156 University Avenue CDCGFP 12/15/1988 - 4,958 4,958 401 Florence Street CDCP 3/2/1989 - 2,407 2,407 619 Cowper Street CDCP 5/6/1989 - - 2,208 250 University Avenue PC-3872 5/15/1989 11,000B 300 20,300 550 University Avenue CDCP 6/1/1989 - - -371 529 Bryant Street PC-3974 5/3/1990 2,491C 2,491 2,491 520 Webster PC-3499 0 305 Lytton Avenue CDCP 9/28/1990 200 200 550 Lytton AvenueDE CDCP 10/22/1990 - - 4,845 1991-1995 531 Cowper Street PC-4052 5/21/1991 9,000 475 9,475 540 Bryant Street CDCGFP 3/24/1992 - 404 404 530/534 Bryant Street CDCGFP 4/15/1993 - 432 432 555 Waverley Street/425 Hamilton AvenueE CDCP 9/21/1993 - - 2,064 201 University Avenue CDCGFP 11/18/1993 - 2,450 2,450 Page 2 Project Address Zoning Planning Approved Public Benefit Bonus Non Residential Square Footage Seismic, Historic, or Minor Bonus Square Footage Net change in Non- Residential Floor Area 518 Bryant Street CDCGFP 3/3/1994 - 180 180 245 Lytton Avenue CDCP 7/21/1994 - - -21,320 400 Emerson StreetEF PC-4238 9/19/1994 200 4,715 443 Emerson Street CDCGFP 1/5/1995 - 26 26 420 Emerson Street CDCP 3/16/1995 - 125 125 340 University Avenue CDCGFP 4/6/1995 -402 281 University Avenue CDCGFP 4/20/1995 -2,500 456 University Avenue CDCGFP 5/18/1995 - 7,486 7,486 536 Ramona Street CDCGFP 7/11/1995 - 134 134 725/753 Alma Street PC-4283 7/17/1995 - -1,038 552 Emerson Street CDCGFP 7/18/1995 - 177 177 483 University Avenue G PC-4296 10/2/1995 3,467C 2,789 7,289 424 University Avenue CDCGFP 9/21/1995 - 2,803 2,803 1996-2000 901/909 Alma Street EF PC-4389 8/1/1996 - - 4,425 171 University Avenue CD-C(GF)(P) 9/19/1996 - 1,853 1,853 401 High Street CD-C(P) 10/3/1996 - 350 350 430 Kipling Street DH CD-C(P) 10/22/1996 - 200 1,412 460-476 University Avenue CD-C(GF)(P) 3/20/1997 - 1,775 1,775 400 Emerson Street D PC-4238 3/21/1997 - - 2,227 275 Alma Street CD-N(P) 7/8/1997 - 200 3,207 390 Lytton Avenue PC-4436 7/14/1997 8,420C 689 17,815 411 High Street H CDCP 12/18/1997 - 2,771 2,771 530 Ramona CDCGFP 5/20/1999 - 2,852 2,852 705 Alma St CDSP 9/21/1999 - 2,814 2,814 200 Hamilton Ave CDCP 10/21/1999 - 10,913 10,913 550 Lytton Ave CDCP 8/11/2000 - - 93 2001-2005 528 HighG PF 0 Page 3 Project Address Zoning Planning Approved Public Benefit Bonus Non Residential Square Footage Seismic, Historic, or Minor Bonus Square Footage Net change in Non- Residential Floor Area 445 BryantG PF 0 437 Kipling St CDCGFP 2/1/2001 - - 945 701 Emerson St CDSP 5/29/2001 - - 434 723 Emerson St CDSP 5/29/2001 - - 400 880 - 884 Emerson St CDSP 5/29/2001 - - 312 539 Alma St CDCGFP 10/23/2001 - 2,500 2,500 270 University Ave CDCGFP 11/1/2001 - 2,642 2,642 800 High St. I PC-4779 2/3/2003 - - -15,700 164 Hamilton Ave CDCP 1/13/2005 - - -2,799 335 University Ave CDCGFP 8/10/2005 - 4,500J 5,249 657 Alma St. (101 Forest Ave) I RT-50; CD-C(P) 11/10/2005 3,029 2006-2010 820 Ramona CD-S (P) 3/21/2006 2,936 382 University Ave CDCGFP 7/27/2006 - 194 194 102 University Ave CDCGFP 10/10/2006 - - 8 325 Lytton Ave CDCP 5/1/2006 - - 17,515 310 University Ave CDCGFP 7/31/2008 - 7,481 7,481 317-323 University Ave CDCGFP 1/1/2008 - 2,500 3,290 564 University Ave CDCP 7/1/2008 - 2,500 4,475 278 University 801-849 Alma St. I CDCGFP RT-50 11/1/2008 11/9/2009 - - 137 -9,740 265 Lytton CDCP 7/1/2010 - 3,712 21,151 340 University CDCP 12/1/2010 - - -1,360 2011-2016 524 Hamilton CDCP 2/1/2011 - 5,200 9,345 630 Ramona CDCP 6/1/2011 - 437 437 668 Ramona CDCP 7/1/2011 - 4,940 4,940 661 Bryant CDCP 2/1/2011 - 1,906 0 180 Hamilton CDCP 7/23/2012 0 Page 4 Project Address Zoning Planning Approved Public Benefit Bonus Non Residential Square Footage Seismic, Historic, or Minor Bonus Square Footage Net change in Non- Residential Floor Area 335-355 Alma CDCP 6/1/2012 9,700 - 49,863 135 Hamilton CDCP 2/1/2013 9,939 19,960 537 Hamilton CDCP 5/1/2013 5,775 9,979 611 Cowper CDCP 8/1/2013 6,938 20,506 651 Emerson CDCGFP 10/8/2013 346 301 High CDNP 12/2/2013 200 636 Waverley CDCP 12/16/2013 3,394 240-248 Hamilton CDCGFP 12/31/2013 5,000 4,527 500 University CDCGFP 12/31/2013 9,592 10,907 261 Hamilton Ave CDCGFP 3/25/2015 0 355 University Avenue CDCGFP 6/21/2016 2595 3112 300 Homer Avenue PF (SOFA I) 3/5/2016 1458 1458 Totals 1986-2016 44,078 135,394 281,770 Source : City of Palo Alto Planning Department, August 2015 A: Project approved during the Downtown Moratorium (9/84 to 9/86), but was not included in the Downtown EIR’s “pipeline projects.” As a result, the project is counted among the CD District’s nonresidential development approvals since the enactment of the Downtown Study Policies in 1986 B: Through Assessment District project provided additional 64 public parking spaces as part of public benefit instead of required 44 private spaces C: Project exceeded square footage otherwise allowed by zoning D: Project converted residential space to non-residential space. Net non-residential space counts toward the 350,000 square foot limit E: Project included covered parking that counts as floor area but not counted 350,000 square foot limit F: Project was approved pursuant to PAMC Sections 18.83.120 or 18.83.130 which allow for a reduction in the number required parking spaces for shared parking facilities, joint use parking facilities, or substitution of 8 bike parking spaces for one vehicle space. G. In addition, project paid in-lieu fee for loss of 2 on-site parking spaces H: In addition, projects paid in-lieu fee for loss of 4 on-site spaces I: Part of the SOFA 2 CAP Notes: 08/13 Removed 12,063 non-res square feet previously approved 901 High St project. Project approved 12/2002 but not built. 08/13 Added Projects 657 Alma St. (101 Forest), 820 Ramona, and 801-849 Alma St. Page 1 Table: 6 CD ZONE PROJECT PARKING REQUIREMENT AND DEFICIT CREATED 9/1/86 to 8/31/2016 Project Address Zoning Net Change in Non- Residential Floor Area (SQFT) Parking Required for New Non- Residential SQFT Net Added Parking Space for New Non- Residential SQFT Parking Exemptions per 18.52.060 of PAMC Parking Required less Parking Added Total Cumulative Deficit Prior to 1986 Deficit -1601 520 RamonaA CDCGFP 400 2 0 0 -2 -1603 220 University CDCGFP 65 0 0 0 0 -1603 151 Homer CDSP -9,750 -39 11 0 50 -1553 314 Lytton CDCP -713 -3 0 0 3 -1550 247-275 Alma CDNP 1,150 5 5 0 0 -1550 700 Emerson CDSP 4,000 16 16 0 0 -1550 431 Florence CDCP 2,500 10 0 10 -10 -1560 156 University CDCGFP 4,958 20 0 20 -20 -1580 401 Florence CDCP 2,407 10 0 10 -10 -1590 619 Cowper CDCP 2,208 9 9 0 0 -1590 250 UniversityB PC-3872 20,300 103 131 0 28 -1562 550 University CDCP -371 -1 0 0 1 -1561 529 Bryant PC-3974 2,491 10 0 10 -10 -1571 520 WebsterC PC-3499 0 0 163 0 163 -1408 305 Lytton CDCP 200 1 0 1 -1 -1409 550 Lytton CDCP 4,845 19 19 0 0 -1409 1986-1990 162 354 51 192 -1409 Downtown Extensive restriping by Transportation Division of on and off/street parking 96 -1313 531 Cowper PC-4052 9,475 38 0 2 -38 -1351 540 Bryant CDCGFP 404 2 0 2 -2 -1353 530/534 Bryant CDCGFP 432 2 0 2 -2 -1355 555 Waverley /425 HamiltonD CDCP 2,064 8 0 0 -8 -1363 201 University CDCGFP 2,450 10 0 10 -10 -1373 518 Bryant CDCGFP 180 1 0 1 -1 -1374 245 Lytton CDCP -21,320 0 149 0 149 -1225 400 Emerson PC-4238 4,715 18 5 1 -13 -1238 443 Emerson CDCGFP 26 0 0 0 0 -1238 420 Emerson CDCP 125 1 0 1 -1 -1239 340 University CDCGFP -402 -2 0 0 2 -1237 Page 2 Project Address Zoning Net Change in Non- Residential Floor Area (SQFT) Parking Required for New Non- Residential SQFT Net Added Parking Space for New Non- Residential SQFT Parking Exemptions per 18.52.060 of PAMC Parking Required less Parking Added Total Cumulative Deficit 281 University CDCGFP -2,500 -10 0 0 10 -1227 456 University CDCGFP 7,486 30 0 30 -30 -1257 536 Ramona CDCGFP 134 1 0 1 -1 -1258 725-753 Alma PC-4283 -1,038 -4 7 0 11 -1247 552 Emerson CDCGFP 177 1 0 1 -1 -1248 483 UniversityE PC-4296 7,289 29 -2 11 -31 -1279 424 University CDCGFP 2,803 11 0 11 -11 -1290 1991-1995 136 255 73 119 -1290 901/909 AlmaD PC-4389 4,425 18 18 0 0 -1290 171 University CDCGFP 1,853 7 0 7 -7 -1297 401 High CDCP 350 1 0 1 -1 -1298 430 KiplingE CDCP 1,412 5 -4 1 -9 -1307 460/476 University CDCGFP 1,775 7 0 7 -7 -1314 400 Emerson PC-4238 2,227 9 0 0 -9 -1323 275 AlmaF CDNP 3,207 0 0 1 0 -1323 390 Lytton PC-4436 17,815 74 50 3 -24 -1347 411 HighE CDCP 2,771 11 -4 11 -15 -1362 530 Ramona CDCGFP 2,852 11 0 11 -11 -1373 705 Alma CDSP 2,814 11 0 11 -11 -1384 200 HamiltonE CDCP 10,913 44 3 35 -41 -1425 550 Lytton CDCP 93 0 0 0 0 -1425 1996-2000 198 63 88 -135 -1425 528 HighG PF 0 0 138 0 138 -1287 445 BryantG PF 0 0 575 0 575 -712 437 KiplingE CDCGFP 945 4 0 2 -4 -716 701 Emerson CDSP 434 2 1 1 -1 -717 723 Emerson CDSP 400 2 2 0 0 -717 880 / 884 Emerson CDSP 312 2 5 0 3 -714 539 Alma St CDCGFP 2,500 10 0 10 -10 -724 270 UniversityE CDCGFP 2,642 11 0 11 -11 -735 800 HighH PC-4779 -15,700 -63 63 0 126 -609 164 Hamilton CDCP -2,799 -11 0 0 11 -598 Page 3 Project Address Zoning Net Change in Non- Residential Floor Area (SQFT) Parking Required for New Non- Residential SQFT Net Added Parking Space for New Non- Residential SQFT Parking Exemptions per 18.52.060 of PAMC Parking Required less Parking Added Total Cumulative Deficit 335 UniversityI CDCGFP 5,249 21 0 18 -21 -619 382 University CDCGFP 194 0 0 1 0 -619 2001-2005 -22 784 43 806 -619 102 University CDCGFP 8 0 0 0 0 -619 310 University CDCGFP 7,481 30 0 30 -30 -649 317-323 University CDCGFP 3,290 13 0 10 -13 -662 564 University CDCP 4,475 18 -2 10 -20 -682 325 Lytton CDCP 17,515 70 118 0 48 -634 265 Lytton CDCP 21,151 85 31 14 -54 -688 278 University CDCGFP 137 1 0 1 -1 -689 340 University CDCP -1,360 -5 0 0 5 -684 2006-2010 212 147 65 -65 -684 524 Hamilton CDCP 9,345 37 8 21 -29 -713 630 Ramona CDCP 437 2 0 2 -2 -715 668 RamonaJ CDCP 4,940 20 0 20 -20 -735 661 Bryant CDCP 0 0 0 8 0 -735 Downtown Extensive restriping by Transportation Division of on and off Street parking 32 -703 180 Hamilton CDCP 0 0 -5 0 -5 -708 335-355 Alma/101 LyttonK CDCP 49,150 101 123 0 22 -686 135 Hamilton CDCP 19,960 80 23 20 -57 -743 537 Hamilton CDCP 9,997 40 19 21 -21 -764 611 Cowper CDCP 19,419 78 62 42 -16 -780 651 Emerson CDCGFP 346 0 0 0 0 -780 301 High CDCNP 200 0 0 0 0 -780 240-248 Hamilton CDCGFP 4,527 23 4 18 -19 -799 500 University CDCGFP 10,907 44 65 20 21 -778 636 Waverley CDCP 3,394 23 20 0 -3 -781 261 HamiltonLM CDCGFP 0 0 4 0 4 -777 355 University Ave 300 Homer Ave CDCGFP 3112 12 0 0 12 -789 300 Homer Ave PF (SOFAI) 1458 6 0 0 6 -795 2011-2016 466 355 172 -111 -795 Source: Palo Alto Planning and Community Environment Department, Data through August 31 2016 Page 4 Project Address Zoning Net Change in Non- Residential Floor Area (SQFT) Parking Required for New Non- Residential SQFT Net Added Parking Space for New Non- Residential SQFT Parking Exemptions per 18.52.060 of PAMC Parking Required less Parking Added Total Cumulative Deficit (-) numbers mean project is adding to the parking deficit whereas (+) numbers mean project is decreasing the parking deficit. Note:Total Cumulative Parking Deficit number changed from the 2012-2013 Downtown Monitoring cycle reporting based on extensive staff research. A: Project approved during the Downtown Moratorium (9/84 to 9/86, but was not included in the Downtown EIR’s “pipeline projects.”) As a result, the project is counted among the CD District’s nonresidential development approvals since the enactment of the Downtown Study Policies in 1986 B: Through Assessment District project provided additional 64 public parking spaces as part of public benefit C: Addition of 2 levels of parking to Cowper/Webster garage D: Project was approved pursuant to PAMC Sections 18.83.120 or 18.83.130 which allow for a reduction in the number required parking spaces for shared parking facilities, joint use parking facilities, or substitution of 8 bike parking spaces for one vehicle space. E. Projects removed existing on-site spaces or met required parking by paying in-lieu fee F: Site had existing parking sufficient to allow expansion G: Construction of 2 city parking lots. 528 High completed on Aug. 2003 and 445 Bryant completed on Nov. 2003 H: Part of the SOFA 2 CAP I: As per PAMC 18.87.055, the TDR area transferred to the site does not increase the number of automobile parking spaces required for the additional floor area. J: Project used Historic and Seismic Bonuses K: Total Commercial SQFT subject to parking requirement is 31,593 SQFT. Received exemptions from being near transit, TOD, TDM (PAMC 18:52) L: Determination was made that the building area shown on the 2001 downtown parking assessment rolls was not consistent (it was less) with what the current project FAR. The applicant was required to park the difference, and added 4 spaces within the below grade garage M: Shared Parking Facilities Reduction 13% with Residential use