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t Bridges Parking Variance • Resolution No. 548-98 May 15, 1998 Page 2 located in environmentally sensitive areas alongside a wetland. Given that and the assumption that the applicant does not need 200 parking stalls, the Planning Commission and City Council recommended that some of the stalls be set aside as future parking, or"proof of parking." In order to do this, however, a variance to the standard parking ratios would need to be approved. According to present parking criteria, the ratios used to determine sufficient parking are as follows: Warehouse and manufacturing: 8 spaces plus 1 space per every 500 sq. ft. of floor area* Office area: 3 spaces plus 1 space per every 175 sq. ft. of floor area* *Each fraction ofV2 or more shall constitute another space(Section 1121.08. Subd. 1) Staff proposes that the following parking ratios be used in determining the parking requirements for the Bridges Technology Park: Office Space: 3 spaces plus 1 per 175 sq. ft. of floor area= 3 + 92 = 95 Warehouse and Manufacturing: 8 spaces plus 1 per 750 sq. ft. of floor area= 8 + 65 = 73 168 • Only the parking ratio for warehouse and manufacturing is changed, the office requirement is the same. Thus, with the new ratio for warehouse and manufacturing, a minimum total of 168 stalls would need to be built. The applicant is proposing to provide 171 stalls, with the remaining 29 stalls identified on the site plan dated 5/4/98 as proof of parking. The resolution includes a condition that the applicant is obligated to supply the remaining 29 stalls in the event of a change of use which would warrant additional parking or if additional parking spaces are deemed necessary by the City. Recommendation: Approve Resolution 548-98 approving a parking ratio variance for Bridges Leasing Company, located at 8400 Coral Sea Street, subject to stipulations. N:\DATA\G ROUPS\CGMDE V\DE VCAS ES\526-98\PARKING.RPT •