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LTC 175-2019 PARKING STATUS REPORT - FEBRUARY 2019 MIAMI B E AC H 175-2019 OFFICE OF THE CITY MANAGER NO. LTC# LETTER TO OMMISION TO: Mayor Dan Gelber and Members of he City Co ission tl�r FROM: Jimmy L. Morales, City Manager DATE: March 27, 2019 SUBJECT: PARKING STATUS REPORT - FE VARY 2019 The Parking Department received revenue from different sources outlined in the categories listed below. In addition, only selected recurring expenses associated with the parking garages are reported herein. February February Monthly February February YTD I.On/Off Metered Spaces* 2018 2019 Variance 2018 YTD 2019 YTD Variance On/Off Metered Spaces $2,349,134 $2,138,499 $ (210,635) $ 11,478,700 $ 11,034,998 $ (443,702) Total Metered Spaces $2,349,134 $2,138,499 $ (210,635) $ 11,478,700 $ 11,034,998 $ (443,702) *These amounts include revenue from Parkmobile Transactions Meter Revenue: Meter revenue is composed of both single space and multi space meters on the streets and in lots as well as multi space meters located inside the City Hall and 42nd Street Garages. Meter revenue variances are driven by many variables which include, but are not limited to, road and sidewalk construction, closed streets and site of events held in the City. Also, the proliferations of Transportation Network Entities (TNE) such as Uber and Lyft have impacted parking demand citywide. Unfortunately, TNE impact is difficult, if not impossible to quantify due to it being proprietary data. When compared to prior year, there was a decrease in revenue due to the reconstruction of the city parking lot at Nikki Beach and development projects on Washington Ave and Alton Rd. Historical On-Street Meter Curbside Utilization: The meter hourly rate increase in Oct 2015 has adjusted parking habits by directing parking into off-street lot and garages. On-street curbside parking utilization has stabilized with every year following the new hourly rate implementation. Historical Off-Street Meter Lot Utilization: The adjustments in parking habits, to off-street surface lots, have been a positive counter action from the reduction of off-street utilization due to the temporary loss of parking at Nikki Beach and the permanent closure of the P52 Lot for the construction of the Collins Park Garage which have contributed to the reduction in utilization year-to-date. Historical Attended Off-Street Lot Utilization: The increase of on-street meter hourly rates along with a strong enforcement presence contributed to the higher monthly utilization at the attended parking lots. The closure of the P-Lot in Dec of 2015 contributed to the reduction in attended lot utilization year-to-date. March 27, 2019 Letter to Commission Parking Status Report-February, 2019 Page 2 of 4 February February Monthly February February YTD II. Enforcement** 2018 2019 Variance 2018 YTD 2019 YTD Variance M-D Parking Violation $ 226,825 $ 182,648 $ (44,177) $ 1,182,778 $ 989,549 $ (193,229) Towing 48,385 43,610 (4,775) 227,600 239,100 11,500 Right-of-Way Violation - 23,000 23,000 - 115,810 115,810 Total Enforcment $ 275,210 $ 249,258 $ (25,952) $ 1,410,378 $ 1,344,459 $ (65,919) **These amounts include revenue for the month that had not yet posted. Enforcement: The City receives a share of ticket citations for parking violations that occur in Miami Beach and are collected by Miami-Dade County. February February Monthly February February YTD Ill.Off Street Facilities 2018 2019 Variance 2018 YTD 2019 YTD Variance A.Garages 17th Street Garage $ 302,685 $ 376,000 $ 73,315 $ 1,677,655 $ 2,281,208 $ 603,552 Pennsylvania Garage $ 75,247 $ 61,449 (13,798) 413,264 378,723 (34,541) Sunset Harbour Garage $ 58,476 $ 95,980 37,504 357,667 478,000 120,333 City Hall Garage $ 55,040 $ 38,208 (16,833) 189,732 292,656 102,925 7th Street Garage $ 204,188 $ 225,165 20,978 981,156 1,073,370 92,214 12th Street Garage $ 56,009 $ 57,565 1,556 292,222 309,785 17,563 13th Street Garage $ 139,005 $ 161,573 22,568 722,116 789,543 67,427 42nd Street Garage $ 84,426 $ 59,473 (24,953) 390,291 331,400 (58,891) 16th Street Garage $ 265,881 $ 231,930 (33,951) 1,417,283 1,320,411 (96,872) Total Garages $1,240,957 $1,307,343 $ 66,386 $ 6,441,386 $ 7,255,096 $ 813,710 February February Monthly February February YTD B.Joint Development* 2018 2019 Variance 2018 YTD 2019 YTD Variance 5th and Alton Garage $ 40,245 $ 51,393 $ 11,147 $ 196,841 $ 255,737 $ 58,896 Total Joint Development $ 40,245 $ 51,393 $ 11,147 $ 196,841 $ 255,737 $ 58,896 *46%of total revenue which represents the City's pro-rata share pursuant to the Development Agreement Garages: Revenues are composed of transient, monthly, and flat rate special event rates. Garage revenue variances are driven by many variables which include, but are not limited to, special events, weather, tourism, and maintenance. When compared to the prior year, there was an increase in parking garage revenues due to the hourly rate increase in transient parking. 5th and Alton Garage: The 5th and Alton Garage is a joint development (parking garage) with the "Developer" (Edens) containing 1,080 parking spaces. The Developer and City own 54% and 46% of the parking spaces, respectively, and profit/loss is also shared in the same manner. The City's revenue portion (46%) for the month of February is $51,393 resulting in total net loss of $34,367.21 . Pursuant to the Development Agreement, the City receives its proportionate share of profit or must subsidize any loss. The City and Developer continue to jointly pursue initiatives to promote the use of the garage. These initiatives include but are not limited to "after hours" flat rate parking; valet parking storage; monthly parking; and strategically placed electronic signage directing users to the facility. Future considerations include promotional rates for"after hours and park and ride options to the entertainment districts. March 27,2019 Letter to Commission Parking Status Report- February, 2019 Page 3 of 4 Historical Attended/Metered Garage Utilization: Transportation Network Entities (TNE), such as Uber and Lyft, have impacted parking demand citywide resulting in the decrease in the monthly attended garage utilization. However due to the increase of the on-street meter hourly rate in October of 2015 parking; habits have adjusted to direct parking to off-street parking facilities and attended garage resulting in rising utilization year-to-date. The municipal garages at City Hall and 42nd Street provide metered parking within the facility and with the implementation of Parkmobile during FY17 parking utilization has increased monthly and year-to-date. February February Monthly February February YTD IV.Permit Sales 2018 2019 Variance 2018 YTD 2019 YTD Variance Municipal Monthly Permits $ 29,059 $ 24,876 $ (4,183) $ 123,890 $ 137,050 $ 13,159 Valet&Sapce Rentals 312,381 264,770 (47,611) 1,377,108 1,404,925 27,817 Residential &Visitor Permits 62,385 270,316 207,931 550,785 547,181 (3,604) Hotel Hang Tags 4,000 2,000 (2,000) 16,000 10,000 (6,000) Total Permit Sales $ 407,825 $ 561,962 $ 154,137 $ 2,067,783 $ 2,099,156 $ 31,373 Permit Sales:The sale of residential and visitor's virtual permits was introduced in fiscal year 2015, allowing residents to purchase residential permits and visitor permits for their guests online. As part of this program, in 2015, the Administration transitioned from set annual or semi-annual periods for residential permit renewal by zone to renewal periods according to birth month (similar to vehicle registration renewals). This spread the purchase permit sales over all months versus a set month. Additionally, before the transition to the new system, residents pre-purchased visitor hang tags from our customer service center to be used at a later date. The new virtual permit system allows residents to purchase a virtual visitor permit real time when needed. This eliminated the need to purchase multiple (paper) permits and it too spread the purchase of the virtual visitor permits over all months versus a set month. The virtual visitor permits are enforced using LPR technology. When compared to prior year, there was an increase in permit sales due to a timing difference in the posting of year end deferred revenues. February February Monthly February February YTD V. Preferred Lot 2018 2019 Variance 2018 YTD 2019 YTD Variance Preferred Lot $ - $ - $ - $ 100,000 $ 128,500 $ 28,500 Total P re f e re d Lot $ - $ - $ - $ 100,000 $ 128,500 $ 28,500 Preferred Lot:This lot is located in the front of the Convention Center, and variances are contingent on convention center special events. This lot closed at the end of December 2015 to support the Convention Center renovation project and eventual transition to a public meeting space. The increase in revenue was due to contractual terms with the annual event activation. February February Monthly February February YTD VI.Miscellaneous 2018 2019 Variance 2018 YTD 2019 YTD Variance Miscellanous $ 82,103 $ 119,893 $ 37,790 $ 267,345 $ 581,575 $ 314,230 Total Miscellaneous $ 82,103 $ 119,893 $ 37,790 $ 267,345 $ 581,575 $ 314,230 Miscellaneous: This category consists of other accounts including a revenue share from Citibike, advertising revenue, interest, etc. When compared to the prior year, there was an increase in miscellaneous parking revenue due a larger revenue share from Citibike. March 27,2019 Letter to Commission Parking Status Report-February, 2019 Page 4 of 4 February February Monthly February February YTD VII.Parkmobile 2018 2019 Variance 2018 YTD 2019 YTD Variance Transaction Fees (Collected on behalf of Parkmobile) $ 62,210 $ 70,797 $ 8,587 $ 301,237 $ 353,084 $ 51,847 Total Parkmobile $ 62,210 $ 70,797 $ 8,587 $ 301,237 $ 353,084 $ 51,847 Parkmobile: The City Commission awarded Parkmobile to provide mobile payment application service. Mobile payment application services provides enhanced functionality over the in-vehicle parking meter. Miami Beach residents will continue to enjoy the resident discounted rate of$1 .00 per hour in the South Beach and Middle East Beach areas; from $4.00 for on-street parking and $2.00 for off-street parking in South Beach, and $3.00 for on-street parking and $2.00 for off-street parking in East Middle Beach. Moreover, Parkmobile will assess no transaction fees to Miami Beach residents for pay by phone service. Parkmobile began services on May 12, 2014. The revenue shown above represents the transaction fees collected by the City for non-resident transactions and remitted to Parkmobile in the following month. The increase is directly linked to increased usage of the mobile paynt application service. JLM/ /SF 4)( City of Miami Beach Parking Utilization Trend ATTENDED GARAGE HOURS Zone # Name Feb-18 Feb-19 Monthly Varince% February FY February FY YTD YTD Variance 2018 YTD 2019 YTD Vaiance Variance% South G1 7th Street 165,912 144,010 (21,902) -13% 830,303 701,476 (128,827) -16% South G2 12th Street 54,764 42,889 (11,875) -22% 250,783 222,264 (28,519) -11% South G3 13th Street 123,419 135,916 12,497 10% 632,239 692,679 60,440 10% South G4 16th Street(Anchor) 182,741 197,198 14,457 8% 1,044,851 996,684 (48,167) -5% South G5 17th Street 221,419 223,328 1,909 1% 1,137,432 1,437,708 300,276 26% Middle G6 42nd Street 54,568 75,828 21,260 39% 224,108 405,536 181,428 81% South G7 City Hall 12,554 11,968 (586) -5% 87,907 103,907 16,000 18% South G8 5th&Alton* 14,137 10,412 (3,725) -26% 69,153 56,624 (12,529) -18% South G9 Pennsylvania Avenue 30,531 22,524 (8,007) -26% 205,627 143,237 (62,390) -30% South G 10 Sunset Harbor 46,379 49,134 2,755 6% 255,660 246,638 (9,022) -4% TOTAL GARAGES HOURS** 906,424 913,207 6,783 1% 4,738,065 5,006,753 268,688 6% *The 5th&Alton Garage provides free parking for the first 2 hours of occupancy **Parking garage rate increase went into effect in May 2018 ATTENDED LOT HOURS Monthly February FY February FY YTD YTD Zone # Name Feb-18 Feb-19 Varince% Variance 2018 YTD 2019 YTD Vaiance Variance South P1 South Pointe 22,696 24,552 1,857 8% 112,258 119,552 7,294 6% South P32 P-Lot* - - - 0% - - - 0% Middle P71 46th&Collins 39,991 38,746 (1,245) -3% 170,183 179,369 9,185 5% TOTAL LOT HOURS 62,687 63,299 612 1% 282,441 298,921 16,479 6% *The P-Lot closed following Art Basel 2015 do to the renovation of the Miami Beach Convention Center TOTAL ATTENDED PARKING HOURS 969,111 976,506 7,395 1% 5,020,506 5,305,674 285,167 6% METERED LOT HOURS (OFF-STREET) Monthly February FY February FY YTD YTD Feb-18 Feb-19 Varince% Zone Variance 2018 YTD 2019 YTD Vaiance Variance% South 200,423 174,389 (26,034) -13% 1,062,310 947,810 (114,500) -11% Middle 77,742 87,238 9,496 12% 292,811 321,696 28,886 10% North 76,234 67,802 (8,433) -11% 329,357 320,344 (9,012) -3% TOTAL OFF-STREET HOURS 354,399 329,429 (24,970) -7% 1,684,477 1,589,850 (94,626) -6% METERED CURBSIDE HOURS (ON-STREET) Monthly February FY February FY YTD YTD Feb-18 Feb-19 Varince% Zone Variance 2018 YTD 2019 YTD Vaiance Variance% South 324,182 314,461 (9,721) -3% 1,608,126 1,604,429 (3,697) 0% Middle 66,706 57,425 (9,281) -14% 308,956 297,746 (11,210) -4% North 52,154 45,585 (6,569) -13% 232,718 231,820 (898) 0% TOTAL ON-STREET HOURS 443,042 417,470 (25,571) -6% 2,149,800 2,133,995 (15,805) -1% METERED GARAGE HOURS Zone # Name Feb-18 Feb-19 Monthly Varince% February FY February FY YTD YTD ° Variance 2018 YTD 2019 YTD Valance Variance /° Middle G6 42nd Street 294 93 (201) -68% 959 813 (145) -15% South G7 City Hall 1,768 1,705 (63) -4% 9,260 12,754 3,494 38% TOTAL GARAGE HOURS 2,062 1,798 (265) -13% 10,219 13,567 3,348 33% TOTAL METERED PARKING HOURS 799,504 748,697 (50,806) -6% 3,844,496 3,737,413 (107,083) -3% TOTAL ATTENDED&METERED HOURS 1,768,615 1,725,204 (43,411) -2% 8,865,002 9,043,086 178,084 2% S F:\PING\$PERS\StatusReport\2019\05-February 2019\February-19 Monthly Parking Utilization Trend.xlsx *Historical Comparison* City of Miami Beach Parking Utilization Trend ATTENDED GARAGE HOURS Zone # Name Feb-15 Feb-19 Monthly Varince February FY February FY YTD YTD Variance Variance % 2015 YTD 2019 YTD Variance % South G1 7th Street 173,090 144,010 (29,080) -17% 840,693 701,476 (139,217) -17% South G2 12th Street 45,731 42,889 (2,842) -6% 225,018 222,264 (2,754) -1% South G3 13th Street 109,925 135,916 25,991 24% 550,665 692,679 142,014 26% South G4 16th Street(Anchor) 156,176 197,198 41,022 26% 1,050,041 996,684 (53,357) -5% South G5 17th Street 358,127 223,328 (134,799) -38% 1,564,726 1,437,708 (127,018) -8% Middle G6 42nd Street 51,704 75,828 24,124 47% 257,737 405,536 147,799 57% South G7 City Hall 43,323 11,968 (31,355) -72% 194,432 103,907 (90,525) -47% South G8 5th&Alton 12,425 10,412 (2,012) -16% 70,778 56,624 (14,154) -20% South G9 Pennsylvania Avenue 73,489 22,524 (50,965) -69% 318,675 143,237 (175,438) -55% South G10 Sunset Harbor 49,320 49,134 (186) 0% 240,908 246,638 5,730 2% TOTAL GARAGES HOURS 1,073,309 913,207 (160,101) -15% 5,313,674 5,006,753 (306,921) -6% ATTENDED LOT HOURS Zone # Name Feb-15 Feb-19 Monthly Varince February FY February FY YTD YTD Variance Variance % 2015 YTD 2019 YTD Variance South P1 South Pointe 22,175 23,505 1,330 6% 117,596 119,552 1,956 2% South P32 P-Lot 1,851 45 (1,806) -98% 23,970 45 (23,925) -100% Middle P71 46th&Collins 20,286 31,769 11,483 57% 216,081 179,369 (36,712) -17% TOTAL LOT HOURS 44,312 55,320 11,008 25% 357,647 298,966 (58,681) -16% TOTAL ATTENDED PARKING HOURS 1,1 17,621 968,527 (149,093) -13% 5,671,321 5,305,719 (365,602) -6% ATTENDED GARAGES:Transportation Network Entities(TNE),such as Uber and Lyft,have impacted parking demand citywide resulting in the decrease in the monthly attended garage utilization.However due to the increase of the on-street meter hourly rate in October of 2015 parking;habits have adjusted to direct parking to off-street parking facilities and attended garage resulting in rising utilization year-to-date. ATTENDED LOTS:The increase of on-street meter hourly rates along with a strong enforcement presence contributed to the higher monthly utilization at the attended parking lots. The closure of the P-Lot in Dec of 2015 contributed to the reduction in attended lot utilization year-to-date. METERED LOT HOURS(OFF-STREET) Feb-15 Feb-19 Monthly Varince February FY February FY YTD YTD Variance Zone Variance % 2015 YTD 2019 YTD Variance 0/0 South 219,538 174,389 (45,148) -21% 1,192,460 947,810 (244,651) -21% Middle 73,971 87,238 13,268 18% 320,825 321,696 872 0% North 71,939 67,802 (4,137) -6% 320,628 320,344 (284) 0% TOTAL OFF-STREET HOURS 365,447 329,429 (36,018) -10% 1,833,913 1,589,850 (244,063) -13% METERED CURBSIDE HOURS(ON-STREET) Feb-15 Feb-19 Monthly Varince February FY February FY YTD YTD Variance Zone Variance % 2015 YTD 2019 YTD Variance South 546,769 314,461 (232,308) -42% 2,618,081 1,604,429 (1,013,652) -39% Middle 76,006 57,425 (18,581) -24% 377,828 297,746 (80,082) -21% North 53,170 45,585 (7,585) -14% 297,116 231,820 (65,296) -22% TOTAL ON-STREET HOURS 675,944 417,470 (258,474) -38% 3,293,025 2,133,995 (1,159,030) -35% METERED GARAGE HOURS Zone # Name Feb-15 Feb-19 Monthly Varince February FY February FY YTD YTD Variance Variance % 2015 YTD 2019 YTD Variance Middle G6 42nd Street 202 93 (109) -54% 1,255 813 (442) -35% South G7 City Hall 435 1,705 1,270 292% 4,463 12,754 8,291 186% TOTAL GARAGE AOURS 637 1,798 1,160 182% 5,718 13,567 7,849 137% TOTAL METERED PLRKING HOURS 1,042,029 748,697 (293,332) -28% 5,132,656 3,737,413 (1,395,244) -27% OFF-STREET METER LOTS:The adjustments in parking habits,to off-street surface lots,have been a positive counter action from the reduction of off-street utilization due to the temporary loss of parking at Nikki Beach,and the permanent closure of the P52 Lot for the construction of the Collins Park Garage which have contributed to the reduction in utilization YTD. ON-STREET METER CURBSIDE: The citywide impact of Transportation Network Entities(TNE),such as Uber and Lyft,is displayed in the monthly utilization comparison. Additionally,the meter hourly rate increase in Oct 2015 has adjusted parking habits by directing parking into off-street lot and garages. On-street curbside parking utilization has stabilized with every year following the new hourly rate implementation. METERED GARAGES:The municipal garages at City Hall and 42nd Street provide metered parking within the facility. The implementation Parkmobile in FY 2017 has contributed to increase in parking utilization monthly and year-to-date. TOTAL ATTENDED&METERED HOURS 2,159,650 1,717,225 (442,425) -20% 10,803,978 9,043,132 (1,760,846) -16% *Historical Comparison*