Orange County NC Website
74 <br /> f'tirpiii , ie Regional! P r j e t t E,)e v,e)o Ilp im e u°t t S c o p e o f W o�ir k <br /> limited to general population and employment, race, ethnicity, age, income, and zero- and single-car <br /> households.Tables,graphs, and maps of the data will be produced. <br /> Deliverable: <br /> 11 Tables, graphs, and maps and section of the DEIS (Draft and Final) <br /> Economic Development Analysis <br /> The URS team will examine local economic development plans and the programs of individual <br /> developers. Interviews with various local officials, neighborhood and community leaders, real estate <br /> developers, financial officials, economic development officials, and others will be undertaken to <br /> understand the character, amount, and value of economic impacts both in terms of incremental <br /> development under alternative policies, and implications on existing development proximate to the <br /> proposed transportation improvements. Potential actions to optimize should include: feasibility of <br /> transit; positive land use, economic development, livability, sustainability and environmental benefits; <br /> and the amelioration of any potential negative impacts. Time frames evaluated should include design/ <br /> development period, construction period, initial five and ten year periods of revenue operation, design <br /> year(probably 2035 or 2040), and long term build out . <br /> Deliverable: <br /> IN Economic Development Analysis Technical Memorandum (Draft and Final). <br /> Economic Conditions Assessment <br /> The URS team will assess potential impacts on local property value as well as identify development <br /> opportunities. The overall implications in terms of level of development, value of development, <br /> households, population, employment, payroll,taxes and other impacts will be examined. In addition, the <br /> URS team will identify and document urban and suburban development trends within the corridor and <br /> identify and evaluate existing and proposed implementation of (re)-development incentives within the <br /> corridor, particularly those related to transit-oriented development.The URS team will conduct selected <br /> interviews with representatives of the local government and local real estate agents and developers to <br /> gain a better understanding of current market trends. Time frames evaluated should include: design/ <br /> development period, construction period, initial five and ten year periods of revenue operation, design <br /> year(probably 2035 or 2040) and long-term build-out. <br /> Deliverable: <br /> IS Economic Conditions Assessment Technical Memorandum (Draft and Final). <br /> 4A.3 Neighborhoods, C irnirnr.unity Services and Environmental nmeintal Justice <br /> This URS team will identify the existing neighborhoods along the corridor and describe the impacts of <br /> the LRT alternative and any alignment options alternatives on neighborhoods. Impacts to neighborhoods <br /> will include a description of the proposed LRT alignment and stations and the positive and negative <br /> impacts associated with the transit stations. Neighborhoods and communities along the alignments will <br /> be the focus of this effort. Most notably the Meadowmont community, Downing Creek, Springfield <br /> Apartments, Laurel Trace, and Cameron Woods neighborhoods, and those neighborhoods in the vicinity <br /> of the project terminus at Alston Avenue in east Durham are communities that may be affected by the <br /> proposed project. <br /> D uir.I1hi. rn Orange Light: Rafli Transit Project � June 2.0' .3 �4...9 I;11AF1,,, <br />