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33 <br /> 1 Slide #13 <br /> Development Constraints and Variables <br /> • Parking <br /> • Residential uses require 1.4-2 parking spaces per unit,commercial uses <br /> requirements vary by use <br /> • Parking spaces require 270-300 sf of space each,exclusive of drive aisles and <br /> buffers—lots of new impervious surface <br /> • Structured parking yields more parking per acre, but costs significantly more <br /> ($28k/space for structured parking vs. $2,500 for surface parking) <br /> • Opportunities for shared parking in new development exists, but there are a lot <br /> of potential uses(train station,transit hub, residential, commercial, etc.)— <br /> some may have complimentary high-use times,others may conflict <br /> • Potential RTP Train Station could mean significantly more parking needed <br /> 2 <br /> 3 <br /> 4 Slide #14 <br /> Development Constraints and Variables <br /> • Utilities <br /> • Depending on the mix of uses,some water and sewer capacity constraints may <br /> exist that limit the size and scope of development <br /> • Stormwater—on-site treatment and containment may take up a significant <br /> portion of developable property <br /> • Infrastructure <br /> Depending on disposition of property,town may be on the hook for site <br /> preparation,street network,etc. <br /> • Disposition Method <br /> • Open sale, RFP for master developer or site developers,ground lease, etc. <br /> 5 <br /> 6 <br /> 7 <br />