Agenda - 01-16-1997 - 3 - Laserfiche WebLink

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Sample Development The sample development assessed using the model is a mixed use project of 300 residential units and 150,000 square feet of nonresidential space. The residential component includes 200 three and four-bedroom single-family detached homes and 100 two-bedroom townhouses. The nonresidential sector encompasses 100,000 square feet of office space and 50,000 square feet of retail space. The sample development analysis is provided in Exhibit C. As noted previously, the model's structure consists of two parts, inputs and outputs, and each part is divided into the following components: administrative/legal; physical/land planning; market; social; environmental; fiscal; traffic; and shared infrastructure costs. The impact assessment of the sample development indicates generally positive results. However, the traffic analysis projects that road improvements are needed, and the shared infrastructure analysis indicates that a little less than half(44%)-of the development generated capital costs will be paid for by the development. Model Use The model provides an assessment of the impact of development across multiple dimensions. The results are not as detailed as those derived from technical stand-alone reports that focus on individual impacts in specific areas. The advantage of the model, however, lies in its ability to provide an accurate scanning of major threshold effects quickly, effectively, and at modest cost. By contrast, technical stand-alone assessments require extensive data gathering, increased time,and professional assistance,all of which add up to a higher cost. If the Board feels that the model offers an effective level of development assessment, staff will review the model to determine if more locally specific or current standards(e.g.,model factors) should be used. Likewise, staff will select a project recently approved by the Board and assess the effects of the development using the model. The results will be presented to the Board at a subsequent Work Session so that it may approve the standards used in the model and the types of development applications which would be subject to such assessment.