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Presentation Dreher N40 Parking Town Council Aug 9 2016North 40 The Need for Underground Parking Immediate benefits: •preserving prime real estate, •offering convenient, centrally located parking, •removing parking structures from street frontage •removing added landscape density from parking structures •Analysis of Underground Parking Structure. Available from: https://www.researchgate.net/publication/280132453_Analysis_of_Unde rground_Parking_Structure [accessed Aug 7, 2016]. Long-term benefits include: •A common pool of shared spaces with access to any building above it, either residential or commercial. •Convenience for residents who can move groceries and belongings directly into an elevator serving their building, especially relevant for senior citizens and for anyone in rainy, hot, or cold weather. •More parking per square footage from greater efficiency in parking layouts. •Elimination of the need for condominium owners to purchase designated parking spaces. •Encouragement of car sharing with programs such as Zipcar. http://urbanland.uli.org/economy-markets-trends/multiblock- underground-shared-parking/ Supports our Specific Plan: Creating more open space: section 2.5.3: open space goals and policies, section 2, page 11: “Goal: to integrate an interconnected system of open spaces, parks, and plazas within the Specific Plan area.” 2.5.4: open space standards; section 2, page 12; “grass or landscaped areas,” not simply “trees planted in tree wells.” Supports our Specific Plan: •Reducing building density: to “ensure compatibility with the surrounding neighborhoods and Los Gatos’ small town character”: Land use and development standards: section 2.5.1; see also maximum development capacity, section 2, page 10; building height: 2.5.2. building height, section 2, page 11. •Minimizing impact of parking: “The physical and visual impact of parking should be minimized”: section 3.2.3, page 3-5. Supports our Specific Plan: •Enhancing hillside views, allowing for re- orienting of buildings: Vision statement, “The North 40 will embrace hillside views and open space,”page 1-1. Supports our Specific Plan: •Enabling the North 40 to “look and feel like Los Gatos.”: Vision Statement , page 1-1; •“Create the character of an authentic neighborhood rather than a typical development project.” Land Use and Development Standards, section 2.7.3, page 2- 25. Underground parking can support: Aventino, Los Gatos •More open space •Less congestion •More balanced development •The small town character of Los Gatos