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6 | P a g e <br /> <br />Parking Management Strategies <br />The project has developed a Parking Management Plan to ensure an efficient parking system that is <br />convenient to both commercial uses and residents as well as to protect residential neighborhoods <br />from spillover parking. <br /> <br />Shared Parking <br />Shared parking is the use of parking spaces to serve two or more individual land uses. The ability <br />to share parking spaces is the result of variations in the accumulation of vehicles by hour and by <br />day at the individual land uses. A shared parking analysis was conducted for this project and the <br />results are presented above. <br /> <br />Pedestrian / Bicyclist - The project is located in an area conducive to pedestrian and bicycle <br />activities. The area surrounding the proposed Varadero project has a comprehensive sidewalk <br />network, signalized intersections with clearly marked crosswalks, and pedestrian signals. This <br />environment promotes walking and bicycling as a means of transportation and further reduces the <br />need for off-street parking. <br /> <br />Transit - The area surrounding the project is served by mass transit. There are approximately 4 <br />bus routes in the vicinity of the project; in addition to the Sunny Isles Beach Community Shuttle. <br />The use of mass transit is another effective way to reduce the need for off-street parking. <br /> <br />In addition, there are other parking management strategies that could have a significant impact on <br />the reduction of off-street parking. The proposed project will consider using the following <br />strategies to improve the efficiency of the parking areas and reduce the parking demand: <br /> <br />• Provide tandem parking for valet use. <br />• Encourage businesses to implement commuter trip reduction programs for their employees. <br />• Provide information to residents, employees and visitors about transit, ridesharing and <br />bicycle facilities options.