Silver Spring Lot 3 Parking Garage (P501111)

  • Category: Transportation
  • Sub Category: Parking
  • Administering Agency: Transportation (AAGE30)
  • Planning Area: Shady Grove Vicinity
  • Date Last Modified: 11/20/13
  • Required Adequate Public Facility: No
  • Relocation Impact: None
  • Status: Preliminary Design Stage

EXPENDITURE SCHEDULE ($000s)

FUNDING SCHEDULE ($000s)

OPERATING BUDGET IMPACT ($000s) 

Description 

This project provides for an underground, 152 space public parking garage on the current site of Public Parking Lot #3, located at 8206 Fenton Street in Silver Spring. The underground, public parking garage will be designed and constructed by a private development partner the County selected through a competitive Request for Proposal (RFP) process. The private development has received Project Plan approval from the Planning Board. The specific mix of uses and numbers of private parking spaces to be constructed are currently being determined within the Site Plan approval process.

Location

8206 Fenton Street, Silver Spring MD 20910

Capacity

The underground, public parking garage will consist of 152 County owned and operated public parking spaces.

Estimated Schedule

Completion of the County garage is estimated for April 2016.

Justification

Public Parking Lot #3 is being redeveloped in accordance with the Silver Spring Sector Plan. Based on an analysis conducted by the Department of Transportation's Division of Parking Manangement, the underground, public parking garage is appropriately sized to meet the needs of the planned private redevelopment project and the current parking needs of the service area. Mandatory referral to MarylandNational Capital Park and Planning Commission (M-NCPPC) for the County's underground, public parking garage has been completed.

Fiscal Note

The County has completed a General Development Agreement (GDA) that obligates the developer to construct the parking garage and title it to the County as a condominium on a turn key basis in exchange for fee simple title to the County land. The only costs to the County are estimated to involve review of the garage design and construction inspection to ensure the facility is constructed in accordance with County standards.

Disclosures

A pedestrian impact analysis will be performed during design or is in progress.