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Steve Thatcher Parking Standards Memorandum 9/8/86 Page 4 ASSUMPTIONS Several assumptions have influenced our decisions and conclusions regarding the parking standards. We review them here: 1) From the market research done by JLN Development for this project we are anticipating an initial mix in potential tenants as fo►lows! Office/Service: 25% Office, 75% Warehouse Light Industrial: 10% Office, 90% Warehouse 2) Based on our experience and theirs in these kinds of developments, we would anticipate that the maximum mix in tenant use at some future date would be: Office/Service: 75% Office, 25% Warehouse Light Industrial: 40% Office, 60% Warehouse 3) In order to allow for an even more conservative approach to the project, we have designed the parking to allow for the lower figure at first, but an overlay design has been prepared which can be implemented to convert the back truck loading areas to parking as Ak needed for changes in building use. This ultimate design assumes the wr following: Of 100% Office, NO Warehouse Light Industrial: 50% Office, 50% Warehouse 4) In addition to the conservative assumptions above we have added a 10% margin of safety to the office figure, bringing the 3.211000 noted above to 3.5/1000, which Is our recommendation. This margin will allow for parking inefficiencies, snow storage, and other contingencie9. 5) In addition to this, we have been operating thus far on our development plans using gross building area (GBA) as the basis for our parking calculations, since this is the number JLN uses in its tenant leases. Since Mounds View calculates parking on a GLA which is 10% less than GBH, the parking ratios we have shown will increase by more than 10% when converted to GLA. Our final development plan and parking overlay will be refined to take this into account. The table on the following page compares the figures arrived at for Office/Service and Light Industrial buildings under the various assumptions.