By Andrea Swayne
(updated May 6)
Dana Point’s portfolio of shared parking spaces in the Lantern District has grown to 73, with more soon to be announced, city officials said. City Council approved the addition of 14 parking spaces at an April 19 meeting, and 12 more on May 3. With the addition of 30 new on-street spot realized as a result of Del Prado/Pacific Coast Highway street improvements, the total spots added to the district since infrastructure construction was completed, now stands at 103.
In July 2015, the city entered into its first lease agreement with Huff Meridian LLC for the public use of 47 parking spaces in the Meridian building’s parking garage. The April 19 addition came from a lease with Taco Bell commercial center owner H & K Takenaga Enterprises at a rate of $30 per space, per month. Hours for public use will be 5 p.m. to midnight. The May 3 addition happened via a lease with the United States Postal Service for public use of parking spots in the Post Office lot at a rate of $33.33 per space, per month. Public parking will be available until midnight, seven days a week, limited to three-hour stays.
Property owners have been asking for one-year initial terms to assess the impact on their tenants, according to Cindy Nelson, the city’s interim economic development manager, but all have the intention of entering into a five-year renewal period. Parking lots will be maintained by the property owners. Nelson said more agreements are close to being finalized.
Ursula Luna-Reynosa, community development director, said the target number of spaces needed in the Lantern District is two spaces per 1,000 square feet of occupied commercial space at peak hours. Parking studies commissioned by Dana Point and other cities have shown 1.8 spaces occupied at peak hours in successful areas.