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Uptown Transportation Study CHAPTER 7: PARKING - OKI

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<strong>Uptown</strong> <strong>Transportation</strong> <strong>Study</strong>Part A: <strong>Uptown</strong> <strong>Transportation</strong> Plan7.2 Issues and Needs7.2.1 <strong>Uptown</strong> Neighborhood ParkingA significant number of UC students and employees park on surrounding neighborhood streets.Based on observations and some sample counts, a peak of up to 80 percent of these spaces arejudged to be occupied during daytime workweek hours by UC-related parkers.7.2.2 Future Parking DemandChildren’s HospitalChildren’s Hospital is increasing its research space by about 70 percent with the construction of a12-story, $125 million building that will add 415,000 square feet of research space. This building,identified as the New Research Foundation Project – Phase-S (240 Sabin Way) is scheduled forcompletion in 2007. This new tower is being constructed on the site of the first building opened in1926 on the main campus. It will house laboratories, other special research facilities, clinical facultyoffices and the Center for Computational Medicine, which was funded last fall with a grant of $25.2million from the state of Ohio's Third Frontier Project. When the building is completed, CincinnatiChildren's will have approximately one million square feet of research space on its main campus.Table 7-10 presents the 2015 parking supply and demand associated with this development andgeneral growth of the facility.Table 7-102015 Peak Parking Demand and Supply – Children’s HospitalDemand – Population Growth 7,310Demand – New Development 934Total 2015 Demand 8,244Existing Parking Supply 6,091Effective Supply Factor 0.95Effective Parking Supply 5,7862015 Surplus (Deficit) (2,458)Additional parking demand due to increase in hospital population and the new development(faculty, staff, physicians, patients and visitors) is forecasted by applying a compounded rate ofincrease. This number is then multiplied by the parking demand ratio developed for each usergroup. Thus total parking demand is anticipated to increase to 8,244 by year 2015.<strong>Uptown</strong> <strong>Transportation</strong> <strong>Study</strong> 7-16 URS CorporationNovember 2006

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