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Traffic, Transportation and Parking Consultants |
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| Reston Town Center |
| Shared Parking Study - Reston, Virginia |
 Reston Town Center is a national model of compact, vertically-integrated, mixed-use development. Reston Town Center demonstrates that complementary land uses can share a common parking supply. In 2005, Reston Town Center consisted of 107,000 S.F. of ground-floor retail space; 76,000 S.F. of restaurant space; a 2,500-seat multi-screen movie theater; a 520-room hotel; and 517,000 S.F. of office space, served by over 2,800 parking spaces, mostly in multi-level  parking structures.Wells + Associates calibrated shared parking models that closely replicated hourly parking demands observed on a typical weekday and Saturday. The sum of the peak weekday parking requirements for each use is 5,409 spaces. The peak shared parking demand is 4,585 spaces. Shared parking results in a savings of 824 spaces, or  over $12 million, at $15,000 per structured parking space. The shared parking model was used to evaluate the short-term impacts of the temporary loss of three surface parking lots and the long-term construction of three new mixed-use projects within the town center. Wells + Associates recommended a series of actions to minimize short-term customer complaints, minimize loss of customers, and maintain a high level of convenience during construction. Wells + Associates determined that the long-term parking supply of 8,700 spaces would adequately accommodate projected shared parking demands generated by the expanded town center at peak occupancy of 86 percent. |
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