Traffic Mitigation AlternativesPOST PB1Colvest Traffic Mitigation Options 301 & 303 King
New Building 1
New Building 1
New Building 2
New Building 2
New Building2
Total New Building
Alternative Uses for 301 King St
Existing Building
EXISTING
USE
Willard
Concrete
Take Out Rest.
"
"
PROPOSED
USE
Drive through
Retail
Retail
40% Office
60% Retail
Take-out Restaurant
Retail (incl Marijuana)
Sit Down Restaurant
Square
Footage
2007
4964
14760
3936
5904
31571
3147
3147
3147
PEAK HOUR TRIPS
Assumed by
Zoning
200
60
177
19.68
70.848
527.528
315
38
62
Existing Peak HR/
Credit
-44
0
0
0
-44
-315
-277
-253
Reduction
based on Mixed Use
& Passby
0.5
0.25
0.25
0.05
0.25
0
0
0
ADJUSTED Peak Hour
78
45
132.75
18.696
53.136
327.582
327.582
50.582
74.582
Payment
In-Lieu of Mitigation w/approved reduction (5%-50% as shown)
156000
90000
265500
37392
106272
655164
655164
101164
149164
LESS easement 301/ 2'x140' @ $22.68/sf
6350
6350
6350
LESS easement 303/ 2'x170' (340)
7711
7711
7711
LESS bike share pad & easement + Electric Bill
20000
20000
20000
LESS ADA Ramp @corner w/carwash
5000
5000
5000
Required - LESS right in/right-out only. Max 30'
50000
50000
50000
Required Mitigation
566103
12103
60103