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Strategy for a Sustainable Region Priority ... - One Bay Area

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Figure 52<br />

PDA Readiness Criteria Worksheet<br />

PDA name: Oakland Coliseum Version: Baseline<br />

#<br />

Readiness<br />

Criteria Category<br />

# Sub-Criterion Name<br />

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 land use policy<br />

new housing capacity<br />

11,194<br />

CD+A identified 240 acres of potentially developable land, with<br />

average allowances of roughly 45 DU/acre. This includes 1/3 of the<br />

Coliseum Authority site being available for housing in the future.<br />

A-154<br />

2 Plan Bay Area new housing allocation<br />

3 Capacity surplus or (shortfall) 4,349<br />

4 Estimated increased capacity through<br />

likely changes to land use policy,<br />

including any initiative-based density<br />

restrictions (percentage change to<br />

existing capacity) 0% 0% 0%<br />

6,845<br />

The increment of new housing allocated to the PDA in Plan Bay<br />

Area<br />

Difference between estimated housing capacity (2012) and<br />

allocation<br />

Capacity figure already assumes 1/3 of sports complex site would be<br />

available for housing development. Coliseum City Specific Plan and<br />

EIR underway, should be completed in next several years.<br />

5 Estimated gross housing capacity<br />

at each period 11,194 11,194 11,194<br />

6<br />

Sum of Capacity Constraint<br />

Coefficients<br />

0.90 0.80 0.70<br />

Despite City's best efforts, there is very little evidence of marketsupported<br />

development in this area, persistent deterrents to market<br />

attraction, and infrastructure capacity/funding issues.<br />

7<br />

EPS estimate of housing production<br />

given constraints<br />

1,119 2,239 3,358<br />

Falls somewhat short of the pace of new housing from 2000-2010,<br />

which was virtually all subsidized affordable housing supported by<br />

programs not currently available.<br />

8<br />

Percentage of PDA 2040 housing<br />

allocation accommodated<br />

16.4% 32.7% 49.1%<br />

Little evidence of developer interest in market-rate housing in this<br />

area, and loss of Redevelopment powers affects ability to improve<br />

infrastructure and subsidize vertical development.<br />

Economic & Planning Systems, Inc. 3/26/2013 Page 1 of 4 P:\121000\121113MTC\Readiness_Assessment Process\PDA Readiness Assessment\DS_Readiness Assessment_032513

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