Ordinance No. 20585 - Laserfiche WebLink

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Additional Capacity Factors Additionally, there are a few other factors that impact the final remaining need. After the land supply model was run in 2012, in light of the boom in student housing development the TRG undertook an examination of how this would affect the multifamily redevelopment target that would be otherwise need to be addressed by the strategies above. Staff analyzed student housing redevelopment projects in the "pipeline" (planned and/or permitted but not yet completed as of 12/31/12) according to evidence such as permit records and staff consultations. Some of these also already received investment through existing City programs (e.g. MUPTE). The results indicate we can expect an additional 943 (618 on Commercial land and 325 on High Density Residential land), to be built in the near future." Also after the land supply model was run, in 2014 the City's zoning code was amended to include interim protection measures for areas around the University of Oregon.12 Given the small amount of vacant and partially vacant land in this area, the impact of the code amendments was determined to be a decrease in about 7 dwellings of Low Density Residential land capacity. As shown in the following table, the capacity identified on the 2012 Residential Land Supply and in the HNA together with the above measures and additional capacity factors results in: • The demand for Low Density Residential land is met. The measures create a small surplus of about 47 acres of Low Density Residential land. • The demand for Medium Density Residential land is met.13 • The demand for High Density Residential land is met. 11 1,178 dwellings were found to be in the pipeline however about 235 of those were already estimated to occur on Franklin Boulevard or Downtown as part of the City's baseline redevelopment estimate on Commercial land (see Part I of this Study regarding baseline redevelopment) so the result is an estimated 943 dwellings in the pipeline. For more information on the pipeline projects, see the Technical Support portion of the public record. 12 The ordinance included prohibiting duplexes, rowhouses and flag lots in the south University and Fairmount neighborhoods. The impact on the potential capacity in these areas was based on how much of the city-wide forecast for these housing types could be proportionately allocated to the vacant, partially vacant or redevelopment capacity estimates for these areas. These single-family code amendments was adopted on July 28, 2014. The City's action was acknowledged by the Oregon Department of Land Conservation and Development pursuant to ORS 197.625(1)(a). " While a small deficit is shown for Medium Density Residential, amending the code to a minimum density of 13 is rounded up from the minimum that would be required 12.8 and therefore accommodating the deficit. Residential Land Supply Study I Final Part IV — Page 13