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

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1. REPORT SUMMARY AND FINDINGS<br />

Plan Bay Area Background<br />

The Metropolitan Transportation Commission (MTC) and the Association of Bay Area<br />

Governments (ABAG) have prepared Plan Bay Area, the first integrated long-range<br />

transportation and land-use/housing plan for the San Francisco Bay Area that addresses the<br />

challenge of accommodating projected growth. Plan Bay Area responds to SB 375 which<br />

requires the adoption of a Sustainable Communities Strategy (SCS) to be updated every four<br />

years that aligns transportation investments with projected growth to reduce greenhouse gas<br />

emissions from cars and light-duty trucks. To meet these goals, the Plan’s pattern of growth<br />

reduces the distance between jobs and housing, thereby reducing commutes. It distributes<br />

growth to areas with greater accessibility to transit, job centers, shopping, schools, parks,<br />

recreation and other amenities, while planning for environments that better support walking and<br />

biking.<br />

Plan Bay Area projects that the San Francisco Bay Area will grow by over 2 million people, 1<br />

million jobs and 660,000 housing units by 2040. Much of this growth is anticipated to be located<br />

in Priority Development Areas (PDAs), or designated areas identified by local jurisdictions to be<br />

appropriate for residential and commercial development. Approximately 80 percent of the<br />

anticipated growth for Plan Bay Area is allocated to PDAs.<br />

The purpose of this report is to provide a deeper understanding and independent assessment of<br />

the readiness and feasibility of PDAs to accommodate the number of housing units envisioned by<br />

Plan Bay Area. This assessment will assist in implementation of the Plan today and in the future.<br />

By understanding the challenges to development across an diverse range of PDAs with varying<br />

market conditions, regional funding, policy, and advocacy efforts can be focused in areas that<br />

need it most.<br />

As the Bay Area’s first SCS, Plan Bay Area also acknowledges that much more needs to be done<br />

to ensure that PDAs realize their full development potential, and outlines strategies and initial<br />

legislative changes needed to support the proposed pattern of growth. This work will continue to<br />

be refined in future.<br />

Process of the PDA Readiness Assessment<br />

MTC commissioned the urban economics consulting firm Economic & Planning Systems (EPS) to<br />

conduct a Development Readiness Assessment of the PDAs in relation to the new regional<br />

housing growth forecasts and other policies of Plan Bay Area. Building upon a Development<br />

Readiness Survey conducted by ABAG and MTC in 2010, this assessment applied new research<br />

and provided in-depth analysis on a sample of 20 representative PDAs.<br />

The new assessment estimates the ability of the PDAs in the sample to accommodate new<br />

residential development consistent with Plan Bay Area residential forecasts. The report<br />

estimates the amount of housing that can be produced assuming baseline current conditions,<br />

and the increase in the number of housing units that could be produced if select key barriers to<br />

Economic & Planning Systems, Inc. 1 P:\122000\121113 PDA Readiness Assessment\EPS\121113_finalreport_032913.docx

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