POLICY REPORT OTHER Date: July 10, 1997 Dept. File No. 2122-19 CC File No. 5655 TO: Vancouver City Council FROM: General Manager of Engineering Services SUBJECT: Amendment to Stadium Parking RECOMMENDATION THAT the request by Concord Pacific to reallocate the locations of built and paid-in-lieu stadium parking stalls be approved. COUNCIL POLICY The False Creek North Official Development Plan established that Concord Pacific Developments Ltd. (Concord Pacific) provide 1,800 parking spaces designated for the B.C. Place Stadium. A letter of agreement signed April 3, 1990 established the allocation of parking spaces within eight sites as per Table 1 and Appendix 1, and the equivalent cash value to be paid-in-lieu of the commitment to provide 1,000 of these parking spaces. PURPOSE This report seeks Council's approval to revise the Stadium Parking Agreement to reallocate the locations of built and pay-in-lieu parking obligations within the originally designated area. BACKGROUND The False Creek North Official Development Plan contained the requirement that Concord Pacific Developments Ltd. provide 1,800 parking spaces designated for the B.C. Place Stadium. City Council further agreed to reduce the number of required parking spaces from 1,800 to 800, and to require from Concord Pacific, in lieu of the commitment to provide the remaining 1,000 parking spaces, an equivalent cash payment, to be applied to integrated pedestrian/ bicycle/transit networks (GreenLinks) to the downtown area. This cash payment was agreed to be $8,000 indexed as set out in the letter agreement dated April 3, 1990. The April 3, 1990 letter agreement also tied the parking obligations to the enactment of the zoning by-laws for each sub-area. On June 10, 1997, Concord Pacific submitted a request to reallocate some of the parking stalls between sites, but within the originally determined area. DISCUSSION The 800 built parking spaces and 1000 paid-in-lieu spaces identified in the 1990 agreement were distributed over eight sites. These eight sites surround BC Place Stadium and are bounded by Beatty Street, Pacific Boulevard South, Nelson Street, Pender Street and Quebec Street, as shown in Appendix 1. The original distribution of the parking requirements for the eight sites, and the proposed reallocations, is listed in Table 1. This distribution of parking was agreed to prior to the decision to build GM Place. The total number of stalls does not change for six of the sites. Overall, this reallocation does not change the total number of built or paid-in-lieu parking spaces. The proposed reallocation is to: reduce the number of built spaces in site 3 from 150 to 50; increase the number of paid-in-lieu spaces in site 3 from 200 to 250; increase the number of built spaces in site 7 from 0 to 150; reduce the number of paid-in-lieu spaces in site 7 from 100 to 0; reduce the number of built spaces in site 8 from 50 to 0; and increase the number of paid-in-lieu spaces in site 8 from 50 to 100. Built Paid-In-Lieu Original Proposed Original Proposed Original Proposed 2 100 100 0 0 100 100 3 350 300 150 50 200 250 4 350 350 350 350 0 0 5 350 350 100 100 250 250 6 250 250 150 150 100 100 7 100 150 0 150 100 0 8 100 100 50 0 50 100 Tota 1800 1800 800 800 1000 1000 Table 1: Distribution of Stadium Parking These changes result in a shift in the parking spaces to be built from the western residential end of the area (site 3) and the far-eastern end of the area (site 8), to site 7 in the eastern-central section of the area. This reallocation has the advantage of making the spaces more applicable to both BC Place and GM Place. Staff note that the parking obligations for GM Place (site 6) have been fulfilled. Agreements are in place for parking obligations for International Village (site 4), and to date 125 of the 350 permanent public parking stalls have been provided. CONCLUSION Council has approved a requirement of 1,800 parking spaces, 800 built and 1000 paid-in-lieu, to be provided by Concord Pacific within eight sites surrounding BC Place Stadium. No changes are proposed to these numbers. The proposed reallocation places the parking in a more convenient overall location for BC Place and GM Place, and locates parking further from the western residential areas. * * * * * *