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1 | P a g e <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />October 29, 2015 <br /> <br /> <br />Mr. Ron Choron <br />La Playa Beach Associates, LLC <br />1300 Brickell Avenue <br />Miami, Florida 33131 <br />Phone: (786) 295-4595 <br />E-mail: rlchoron@fortuneintlgroup.com <br /> <br />Re: Varadero Shared Parking Analysis - #15158 <br /> <br />Dear Mr. Choron, <br /> <br />We have completed a shared parking analysis for the proposed Varadero project. The proposed <br />project is located at 18801 Collins Avenue in Sunny Isles Beach, Florida. The project is proposing <br />to redevelop an existing hotel and residential condominium. The proposed project will have a total <br />of 431 residential units, 60 hotel rooms, 90 condo-hotel rooms, and various amenities such as: Spa <br />and Fitness, Bar/Lounge, Restaurant, Ballroom/Assembly, and Administrative Office space. The <br />analysis was based on the development program shown in Exhibit 1. <br /> <br />Parking Generation <br />A parking analysis was conducted for the project to determine if the proposed number of parking <br />spaces is sufficient to satisfy the anticipated peak parking demand for the weekday and weekend <br />conditions. To determine the required number of parking spaces, parking rates provided in the city <br />of Sunny Isles Beach Code of Ordinances were used (see attachment 1). Exhibit 2 shows the <br />results of the parking analysis. <br /> <br /> <br /> <br />