Future Parking A parking demand model was utilized to estimate the need for new parking spaces in the next ten years based on the Master Plan. The basic methods for estimating parking demand and right-sizing future parking build include: 1. Project campus population growth by year based on the existing population and a 2% annual growth rate. The assumptions include a constant factor of 2% of affiliates being “online” and not coming to campus on the average day. 2. Calculate the TAMIU parking demand ratio (spaces per oncampus user) based on observed parking data. As shown in Figure 5, the parking demand ratio has declined since Fall 2017. For future demand analysis, a ratio of .29 was assumed, which is comparable to national guidelines for similar suburban/rural universities. 3. Estimate parking demand by year based on population growth and demand ratio. A 3% reduction in parking demand was assumed (beginning in 2028) to account for improved Figure 5 TAMIU Parking Supply and Demand Ratios, by Year mobility services and parking management. The analysis also accounts for new parking demand from the proposed Athletics Complex and events center. 4. Estimate net losses of parking supply by phase of the master plan (Figure 7). 5. Calculate surplus or deficit of parking by year, accounting for a 5% buffer. 6. Right-size number of spaces for each proposed facility (Lots 1-7 in the Master Plan). Key findings of the parking analysis include: • Even with loss of the Physical Plant lot in the near-term, it is estimated that TAMIU will have adequate supply to accommodate near-term campus growth without adding more parking. • Doing nothing, however, is not an option. Without new supply in the next 10 years, the assumed campus growth and loss of existing parking due to planned development would result in a Figure 6 Parking Supply versus Demand, by Year Figure 7 Parking Supply, by Phase * Does not include spaces at joint development parking lot. ** Assumes 50% of on-street spaces along the University Boulevard loop are removed to facilitate safety and multimodal streetscape improvements. ^ Spaces by lot are estimated based on physical size of facility. Exact number of spaces may vary based on implementation needs. Data does not include Athletic Mud Lot and lots at UVIL and RLC parking deficit by 2028. • The preferred master plan concept assumes the construction of new parking supply. It is estimated that TAMIU will need approximately 1,400 gross new parking spaces, or net new 800 spaces, by full build out. Figure 6 shows the estimated demand relative to supply. Figure 7 shows the assumed loss and addition of parking by facility. • Enhanced parking management and improved walkability is crucial to making TAMIU a park-once campus and maximizing the utility of all its parking facilities. 65 Campus Master Plan Update 65 A/ APPENDIX Facility Current (2022) Near Term (2024-2027) Mid Term (2028-2032) Long Term (2033+) Physical Plant 294 128 - - West/South Loop 140 140 70** 70** East Road 229 229 115** 115** RLC 261 261 124 124 All other Lots 2,422 2,422 2,422 2,422 EXISTING SUB-TOTAL* 3,346 3,180 2,731 2,731 FUTURE PARKING FACILITIES^ Lot 3 - - 250 250 Lot 1 - - - 529 Lots 4-7 - - - 653 Lot 2 - 60 60 60 Lot 8 - - 120 120 Lot 9 - - 90 90 TOTAL PARKING SPACES* 3,346 3,240 3,251 4,433 DEMAND 2,620 2,900 3,200 3,800 Facility Current (2022) Near Term (2024-2027) Mid Term (2028-2032) Long Term (2033+) EXISTING PARKING 2,422 EXISTING PARKING (NET) 3,346 3,180 2,546 2,546 FUTURE PARKING FACILITIES* Lot 3 - - 250 250 Lot 1 - - - 529 Lots 4-7 - - - 653 Lot 2 - 60 60 60
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