WGI prepared a financial feasibility study for a 500-space parking structure associated with a proposed development at 300 East Main Street that will include a four-story Hilton Garden Inn Hotel, restaurants, and retail.

Scope of Services:

• Verify parking supply inventory around the proposed site
• Estimate the future supply within the influence area of the proposed development
• Conduct parking occupancy surveys of parking facilities
• Determine the types of tenants expected and the average and peak number of employees
• Determine projected parking accommodations
• Develop parking demand ratios for employees and visitors
• Estimate utilization of the proposed parking structure
• Develop preliminary parking structure financial pro forma