Draft

More documents

Recommendations

Info

Figure 4 PDA Readiness Criteria Worksheet PDA name: Hayward Downtown Version: Baseline # Readiness Criteria Category # Sub-Criterion Name Present (2012) PDA Development Readiness Scoring 2020 2030 2040 Notes D Market and Investment Attractiveness 1 History of real estate investment in PDA and surrounding city 0.00 0.00 0.00 PDA added 988 housing units between 2000-2010. Greater 2-mile radius added 1,671. Pace of development required to reach PDA goals for 2040 is roughly consistent with past trends (107% of rate from 2000-2010). 2 Recent Local Development Activity 0.00 0.00 0.00 Currently processing application for Mervyn's site redevelopment for 500+ housing units, Cannery area (nearby PDA) is entitled for over 900 units with some under construction, and City is getting more inquiries from interested developers. A-12 3 General Market Conditions 4 Financial Feasibility Constraint 5 Parcel size and configuration 0.20 0.10 0.05 0.30 0.20 0.10 0.10 0.10 0.10 Downtown PDA and surrounding 2-mile area have relatively low incomes ($57K median), ranking 14th out of 20 PDAs in sample. Significant retail vacancy in Downtown. Continued growth of Downtown housing may address both of these concerns over time. Moderate achievable price points make it difficult to redevelop existing uses with cash flows, as found on most of the potential opportunity sites. But City thinks there are enough severely underutilized sites to keep development momentum. Also, ample number of opportunity sites means allocated growth can be achieved at ~47 DU/acre, which can be lower cost to construct than higherdensity prototypes. Many sites are small and would be most viable for redevelopment if assembled. 6 Existence of major investment disincentives 0.05 0.05 0.05 ACTC survey said: Perceptions of safety, aging infrastructure, economy, existing building owners, some of the current zoning designations. Hayward Fault is another potential constraint on market perception. Economic & Planning Systems, Inc. 3/26/2013 Page 3 of 4 P:\121000\121113MTC\Readiness_Assessment Process\PDA Readiness Assessment\DS_Readiness Assessment_032513
Figure 4 PDA Readiness Criteria Worksheet PDA name: Hayward Downtown Version: Baseline # Readiness Criteria Category # Sub-Criterion Name Present (2012) PDA Development Readiness Scoring 2020 2030 2040 Notes E Infrastructure Capacity, Needs, and Financing 1 Existing infrastructure capacity 0.05 0.00 0.00 Water Treatment Facility has been expanded, "wet" infrastructure is in good shape to accommodate growth. Foothill/Mission Boulevard improvements are underway and can accommodate projected growth, but bike/ped improvements would enhance the Downtown area. Police/Fire services are constrained, but a Citywide CFD is in the works for new development only. Also, park space in Downtown would be desirable, and City will be studying parking capacity/facility needs in 2013. A-13 2 Is there an existing CIP funded or other infrastructure financing plan in place? 0.00 0.00 0.00 Most capital improvements have been funded through General Fund/CIP or regional bond/grant programs. City has a Supplemental Building Construction Tax that usually goes to traffic projects, also has parks in-lieu and schools fees. Working on assessment district for municipal services. 3 PDA financing capacity 0.05 0.05 0.05 Loss of Redevelopment has been significant in Downtown Hayward. City needs help funding affordable housing, and OBAG funding will be dependent on ability to produce housing. Also, maintenance of existing roads is very hard to fund. Needs help from regional and State agencies. Economic & Planning Systems, Inc. 3/26/2013 Page 4 of 4 P:\121000\121113MTC\Readiness_Assessment Process\PDA Readiness Assessment\DS_Readiness Assessment_032513
Page 1 and 2:
Draft March 2013 Strategy for a Sus
Page 3 and 4:
Final Report PDA Readiness Assessme
Page 5 and 6:
1. REPORT SUMMARY AND FINDINGS Plan
Page 7 and 8:
Table 1 Summary of PDA Readiness As
Page 9 and 10: PDA Readiness Assessment Final Repo
Page 11 and 12: 2. STUDY BACKGROUND Over the past s
Page 13 and 14: 3. PDA DEVELOPMENT READINESS ASSESS
Page 15 and 16: Table 2 Capacity Assessment for Sel
Page 19 and 20: Table 3 PDA Readiness Criteria Work
Page 21 and 22: Table 3 PDA Readiness Criteria Work
Page 39 and 40: 5. POLICY ACTIONS TO IMPROVE DEVELO
Page 49 and 50: A-1 Units 18,000 16,000 14,000 12,0
Page 51 and 52: Figure 2 PDA Readiness Criteria Wor
Page 59: Figure 4 PDA Readiness Criteria Wor
Page 75 and 76: 7,000 6,000 5,000 Figure 9: Redwood
Page 77 and 78: Figure 10 PDA Readiness Criteria Wo
Page 93 and 94: 7,000 6,000 5,000 Figure 15: Santa
Page 111 and 112:
3,000 2,500 Figure 21: San Mateo El
Page 113 and 114:
Figure 22 PDA Readiness Criteria Wo
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
140,000 120,000 100,000 Figure 27:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
3,000 2,500 Figure 33: Antioch Hill
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
5,000 4,500 4,000 3,500 Figure 39:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
4,000 3,500 3,000 Figure 45: Pittsb
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
2,500 2,000 Figure 51: Morgan Hill
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
5,000 4,500 4,000 3,500 Figure 57:
Page 221 and 222:
Page 223 and 224:
Page 225 and 226:
Page 227 and 228:
Page 229 and 230:
Metropolitan Transportation Commiss
show all

Draft

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?