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Sg <br /> 3.a.Projected Increase in the Supply of Housing, <br /> including Proposed Development 42,875 units <br /> 3. b.Ratio of Demand to Supply 1.28 <br /> 4. Unmet Demand 12,103 units <br /> 5. Development's Share of Unmet Demand 2.5% <br /> 6. Development's Share of Market's Increase in Supply 0.7% <br /> RETAIL <br /> 1. Increase in Total Income in Market Area <br /> (from current to projection year) $1,174,038,300 <br /> 2. Increase in Disposable Income $1,033,153,704 <br /> 3. Increase in Personal Consumption Expenses $950,501,408 <br /> Increase in Demand Shopping Convenience <br /> 4. For Goods($) $162535,741 NA <br /> 5. For Space(sq.ft.) 1,321,429 NA <br /> 6. a.Projected Increase in Supply of Retail Space <br /> (including project)(sq.ft.) 1,050,000 NA <br /> 6. b.Ratio of Demand to Supply 1.3 NA <br /> 7. Unmet Demand for Retail Space 321,429 NA <br /> 8. Development's Share of Unmet Demand 15.6% NA <br /> 9. Development's Share of Market's Increase <br /> in Supply 4.8% NA <br /> OFFICE <br /> Constant-Share Method(employment=emp.) 1991 1980 <br /> 1. State's Share of National Emp. 0.0 0.0 <br /> 2. Market Area's Share of State Emp. 0.1 0.1 <br /> 3. State's Employment in Projection Year 4,043,609 <br /> 4. Market Area's Employment in Projection Year 589,164 <br /> Shift-Share Method-State Employment 4,408,082 <br /> 5. Shift-Share Method-Market Area Employment Projection 671,626 <br /> 6. Combined Constant-Share and Shift-Share Projection of <br /> Market Area's Employment in Projection Year 630,395 <br /> 7. Increase in Employment in Market Area 61,035 <br /> 8. Increase in Office Employment 35,584 <br /> 9. Increase in Demand for Office Space to Projection Year 11,861,208(sq.ft.) <br /> 10. a.Increase in Supply of Office Space to Projection Year 10,600,000(sq.ft.) <br /> 10. b.Ratio of Demand to Supply 1.1 <br /> 11. Unmet Demand for Office Space 1,361,208(sq.ft.) <br /> 12. Development's Share of Unmet Demand 7.3% <br /> 13. Development's Share of Market's Increase in Supply 0.9% <br /> SOCIAL ANALYSIS <br /> Total <br /> Annual (over 4 years) <br /> 1. Population in Development 223 891 <br /> 2. Number Preschool-Age Children 23 91 <br /> School Children--Grades K-6 30 119 <br /> School Children-Grades 7-9 10 38 <br /> School Children--Grades 10-12 8 34 <br /> 3. Number of Employees 106 4255 <br /> Staff/Space/Equipment Needs <br /> 4. Police Personnel(FTE) 0.4 1.5 <br /> 5. Police Vehicles 0.1 0.5 <br /> 6. Police Space(sq.ft.) 39 155 <br /> 278 <br />