5.2. SR 09-17-2007 - Laserfiche WebLink

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Elk-~.-j lover Downtown Parking Study Option 2 Concept Option 2 is a similar parking structure layout, but the structure is turned 90° with the long side of the structure perpendicular to Main Street. This configuration allows the existing commercial buildings to remain in place or to be replaced with new developments. The structure is again two parking bays wide with the sloping bay on the west side of the structure. Access to the remaining portion of the surface lot is provided mid way along the length of the structure. The 278 space structure has construction costs estimated at about $4.8 million. Demolition of the existing buildings is not required so the demolition cost allowance is not included. The total project cost is estimated at $5.3 million or about $31,200 per added space. Option 3 This option places the parking structure above commercial space that fronts Main Street. This option frees the north portion of the King Avenue Lot to remain as a surface parking lot or could be used for additional development. The structure design uses a speed ramp to rise 15 feet above grade level. With an approximate depth of structure of about three feet, the commercial space would have a height of about 12 feet. The ramp to the parking area above the retail is too steep for parking spaces. However, the costs to construct the ramp should be included in the overall project costs. Because of the speed ramp the square feet of construction per space is much higher at 381 square feet per space. The construction costs are estimated at $5.3 million which includes $506,000 for waterproofing the commercial areas from the parking areas located above. By placing the parking structure over the commercial space, the north portion of the lot can remain unchanged so those spaces are not lost. There are 190 net added spaces with Option 3. The total project cost is estimated at $5.9 million. The project cost per added space is $31,400. September 2007 Carl Walker, Inc. 31