Stories indexed with the term ‘parking efficiency’

Old Y Lot: 2 More Years of Surface Parking?

Starting this past weekend, the city-owned 87-space surface parking lot at Fifth and William streets in downtown Ann Arbor – known as the former Y lot – was closed. And it might sit unused for a year or longer.

View to the east from Fourth & William parking structure, overlooking the Old Y lot on March 30, 2014. The lot had been closed off to any vehicle access.

View to the east from the Fourth & William parking structure, overlooking the former Y lot on March 30, 2014. The lot had been closed off to any vehicle access.

For the parcel to remain in use as part of the city’s public parking system, the pending purchaser of the property, Dennis Dahlmann, would need to reach an agreement on a leasing arrangement with the Ann Arbor Downtown Development Authority. The DDA manages the city’s public parking system under a contract with the city.

Eventually, Dahlmann intends to build a mixed-used development on the parcel, but wants to provide surface parking while the project is in the planning stages. A site plan could easily take a year to design, and to obtain necessary approvals from the planning commission and city council. The city council approved the sale of the land to Dahlmann last year at its Nov. 18, 2013 meeting.

Ben Dahlmann, senior vice president with Dahlmann Properties, attended the March 26, 2014 meeting of the DDA’s operations committee to present a revision to the leasing proposal that Dahlmann had made in January. The original proposal had been for the DDA to lease the property back from Dahlmann for $150,000 a year.

The revised proposal would be for Dahlmann and the DDA to split the net income (after expenses) from the parking lot for the next two years. Dahlmann ballparked that number at around $180,000, which would translate to a $90,000 share for Dahlmann – less than the $160,000 per year that Dahlmann figured he’d owe in property taxes.

The final sale of the property by the city to Dahlmann – at a purchase price of $5.25 million – is scheduled for April 2. No agreement on Dahlmann’s offer to lease property to the DDA was reached at the March 26 meeting. But the committee will be taking up the issue again at its April meeting. [Full Story]

Ann Arbor Parking Data Gets Finer-Grained

At its regular monthly meeting on July 6, 2011, the Ann Arbor Downtown Development Authority board had no resolutions on its agenda requiring votes, except for the cancellation of its August meeting. (Cancellation of that meeting is an annual ritual.)

However, the meeting did include the regular monthly parking report – a comparison of the most recent month’s available data, compared with the same month a year ago. That regular parking report may be somewhat more detailed in the future. For the July board meeting, however, the board received its standard report.

Total public parking revenues for May 2011 were $1,218,442, based on permit holder fees plus fees paid by 170,471 hourly parkers in structures. That’s an increase from May 2010, which had $1,145,740 in total revenues and 169,466 hourly parkers.

Percentage-wise that’s a 6.35% increase in revenue and a 0.59% increase in the number of hourly parkers, with a total system parking space inventory of 19 additional spaces: 7,149 in May 2011 compared with 7,130 in May 2010.

The board has recognized for some time that this kind of measure for parking demand is somewhat coarse. The number of hourly parkers gives some insight, as does the total revenue, but these data do not provide a direct measure of how much of the system’s capacity is being used.

At the DDA board’s bricks and money committee meeting on Wednesday, June 29, Joe Morehouse – deputy director of the DDA – presented committee members with data showing the percentage of total parking hours sold for parking structures, with 100% corresponding to the (practically impossible) scenario of every spot in every space filled with a car 24/6 (structures are free on Sunday) and no time lost when one car pulls out and another pulls in. Like the standard parking report, the comparison for May 2011 against May 2011 using that metric also showed an increase in demand: 33.22% in May 2010 compared to 34.94% in May 2011. [Ann Arbor public parking efficiency chart]

This brief was filed from the DDA offices at 150 S. Fifth Ave., where the DDA board meets. A more detail report of the meeting will follow: [link] [Full Story]