Downtown Parking Garage
The Town of Los Gatos prides itself in a vibrant and historic downtown. The downtown succeeds as a destination for shopping and dining for the region, the state, and the world. This success led to a discussion regarding off street parking.
In 2015, the Town Council created a Parking and Infrastructure Ad Hoc Committee with appointments determined by the Mayor. The Mayor appointed Council Member Rennie and then Vice Mayor Barbara Spector. From 2015 to early 2018, the Committee explored the possibility of building a parking garage on the three lots with at least six below market rate housing units, as required, as well as market rate housing and/or retail. The Town issued a Request for Interest (RFI) for the proposed mixed-use development and the Town Council approved entering into exclusive negotiations with Presidio Development Partners, LLC.
After many design iterations and pro forma financial reviews, the parking garage and housing development was found financially infeasible. Instead of continuing to pursue a garage, the Council directed the preparation of a comprehensive parking study which was completed by Dixon parking consultants and is now being implemented.
Future Actions -
Please refer to Parking Study web page - Downtown Parking Study
March 20, 2018
The Town Council heard a report on broad parking issues in the Town and direct staff to bring forward a budget proposal for consultant services for a comprehensive parking study, implement a pilot for time limited parking adjustments, implement a one way street pilot, and implement a paid parking pilot program.
January 30, 2018
The Council Ad Hoc Committee discussed alternate project scenarios and funding opportunities.
December 18, 2017
The Council Ad Hoc Committee began conversations on financial elements associated with the project.
November 16, 2017
The Council Ad Hoc Committee reviewed preliminary design drawings and provided input that reflected two levels below grade and increasing detail on the conceptual design. Data on downtown parking needs was reviewed and is available here.
The Council Ad Hoc also reviewed a schedule overview of the project and acknowledged renewal of the Exclusive Negotiating Agreement (ENA) with Presidio Development Partners.
September 20, 2017
The Council Ad Hoc Committee reviewed preliminary massing diagrams for the project and heard public input on height, mass, viewing angles to adjacent property, and traffic flow. Preliminary concern on costs opened the potential for reducing the number of BMP residential units.
April 3, 2017
The Council Ad Hoc Committee reviewed a draft Exclusive Negotiating Rights Agreement and provided input into the agreement and the schedule.
The Town entered into an agreement with Keyser Marston Associates to provide consulting services for the Town during negotiations with Presidio Development Partners.
September 20, 2016
Council provided direction to staff on the next steps, including exclusive negotiations with Presidio Development to partner with the Town in construction of a mixed use parking garage and housing project that includes the following components:
- 300 Parking Spaces
- 20-24 Residential Units (including 6-9 Below Market Units)
- Maintain mass and scale appropriate for the neighborhood
- Supplement costs with up to $4M from the Town.
September 2015 – Request for Information
The Town seeks information from qualified private sector firms on public – private partnership opportunities that meet the demand for parking and which may also address other Town priorities. See the link below for Request for Information. The Town is open to a breadth of solutions and provides guidance in this RFI as to particular areas of interest.
- Request for Information
- Town Council Parking and Infrastructure Ad Hoc Committee Meetings
- Record of Survey1
Council Ad Hoc CommitteeThe Town Council set up a special Ad Hoc Committee to study the potential for a downtown garage. Information on the Committee meetings can be found here: