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

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Figure 55<br />

PDA Readiness Criteria Worksheet<br />

PDA name: South San Francisco Downtown 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 />

D<br />

Market and<br />

Investment<br />

Attractiveness<br />

1<br />

History of real estate investment in PDA<br />

and surrounding city<br />

0.10 0.05 0.00<br />

City overall has gotten substantial development over 10-year period,<br />

especially around BART; limited investment within PDA during this<br />

time period.<br />

2 Recent Local Development Activity<br />

0.10 0.00 0.00<br />

Does have pipeline projects in City, not much in PDA. Centennial<br />

Village is 280-unit project planned on El Camino Real. Lots of<br />

employment development in pipeline (2-3M SF of biotech campus<br />

entitled).<br />

A-165<br />

3 General Market Conditions<br />

0.00 0.00 0.00<br />

Housing prices have been among the highest in the PDA sample,<br />

due to proximity to major job centers within South San Francisco,<br />

San Francisco, and the Peninsula<br />

4 Financial Feasibility Constraint<br />

0.00 0.00 0.00<br />

Some developable parcels were purchased by RDA for<br />

redevelopment, now in question. Other sites are substantial in size<br />

and have low-intensity commercial uses.<br />

5 Parcel size and configuration<br />

0.05 0.05 0.00<br />

Some parcel assembly has already occurred under RDA, and not all<br />

opportunity sites are small parcels.<br />

6 Existence of major investment<br />

disincentives<br />

0.10 0.05 0.00<br />

Schools are decent; problematic access to Caltrain station that is<br />

planned for improvement; crime has been an increasing issue in<br />

recent years. Downtown Plan and continued development are<br />

expected to lessen these issues over time.<br />

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

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