Monday, July 21, 2008

Closer Comparison of Costello Hotel/Corporate/Retail Project to Local Malls

Pittsford Plaza has 2,225 parking spaces compared to the 3,420 in the Costello project. According to the company that developed Pittsford Plaza there is a total of 530,000 square feet of space (I assume this includes not just retail space) there. The Costello project calls for 1,000,000 square feet of floor space in the buildings (the footprints will be smaller because some of the buildings are multi-story). [Note added 8/6/08 - this last sentence is in error. One million square feet refers to the total area of the development including parking spaces.] Whether or not the buildings are multi-story, however, the total square footage impacts the amount of parking required. Another figure for comparison - Marketplace Mall has 945,000 square feet and something like 5,800 parking spaces.

No comments: