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Strategy for a Sustainable Region Priority ... - One Bay Area
Strategy for a Sustainable Region Priority ... - One Bay Area
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Figure 34<br />
PDA Readiness Criteria Worksheet<br />
PDA name: Milpitas TASP PDA Version: Baseline<br />
#<br />
Readiness<br />
Criteria Category<br />
# Sub-Criterion Name Present (2012)<br />
PDA Development Readiness Scoring<br />
2020 2030 2040 Notes<br />
A<br />
PDA Housing<br />
Capacity<br />
Estimate<br />
1 Estimate of current local<br />
land use policy new housing<br />
capacity 6,136<br />
See "Capacity Assessment for Selected Priority Development Areas"<br />
2 Plan Bay Area new housing<br />
allocation<br />
7,080<br />
The increment of new housing allocated to the PDA in Plan Bay Area<br />
A-100<br />
Capacity surplus or<br />
3<br />
(shortfall)<br />
4 Estimated increased<br />
capacity through likely<br />
changes to land use policy,<br />
including any initiative-based<br />
density restrictions<br />
(percentage change to<br />
existing capacity)<br />
(944)<br />
0% 0% 0%<br />
Difference between estimated housing capacity (2012) and allocation<br />
Current policy may not adequately incentivize redevelopment of a<br />
sufficient number of existing commercial uses<br />
5 Estimated gross housing<br />
capacity at each period 6,136 6,136 6,136<br />
6<br />
Sum of Capacity<br />
Constraint Coefficients<br />
0.60 0.40 0.10<br />
7 EPS estimate of housing<br />
production given<br />
constraints<br />
8 Percentage of PDA 2040<br />
housing allocation<br />
accommodated<br />
Summary<br />
2,454 3,682 5,522<br />
34.7% 52.0% 78.0%<br />
The TASP Area is poised to transform into a vital transit-oriented neighborhood given the new BART Station and the recently adopted<br />
Specific Plan. Phase 1 development, roughly half of development capacity, should be developed in next 5 to 10 years. Phase 2<br />
development, largely occurring on existing developed properties, will take longer to evolve. Lack of redevelopment powers and funding will<br />
impede this Phase 2 development.<br />
Economic & Planning Systems, Inc. 3/26/2013 Page 1 of 4 P:\121000\121113MTC\Readiness_Assessment Process\PDA Readiness Assessment\WK_Readiness Assessments\All_WK_Sample032513