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<br />Figure A-1. Components of c Land Needs Assessment <br /> <br />Demand <br /> <br />Residential 1 Population <br />- Amount <br />- Household size ~ <br />- Age of HH he~d <br />- Income <br /> <br />Commercial - <br /> <br />... Employment <br />- Amount, by tYPE <br /> <br />Industrial <br /> <br />SUDDlv <br /> <br />At the parcel level <br />,.- Total acres <br />- Developed acres <br />= Vacant acres <br /> <br />Prices <br />- Land <br />- Units - <br />- Building cost <br />- Rental rate <br /> <br />Average persons per <br />--. dwelling unit - <br />Vacancy rates <br /> <br />-" <br /> <br />r r+ <br /> <br />Estimate of 20- <br />year demand for <br />built space <br />(residential and <br />nonresidential) <br /> <br />Square feet of built <br />~ space per employee - <br />Employees per acre <br /> <br />Physical ~) nstraints <br />- Flood\NIa' <br />- Floodp a n <br />- Riparian :>uffer - <br />- W etlan~ <br />- Steep c Ie pes <br />- Other t a ards <br /> <br />.. Vacant acres <br />- Constrained vacant acres <br />= Vacant buildable acres (gross) <br />- Land for other uses (roads, schools ~ arks, etc.) <br />= Vacant buildable acres (net) <br />+ Redevelopable acres (net) <br />= Total Buildable land Supply (net <br /> <br />- Residential <br /> <br />- Commercial <br />Office <br />Retail <br />- Industrial <br /> <br />Sou~e: ECONorthwe~ <br /> <br />LAND SUPPLY <br /> <br />.. <br /> <br />..... <br />...... <br /> <br />+ <br /> <br />..4~ <br /> <br />Estimate of 20- <br />year demand for <br />land, by type <br /> <br />Land supply inventories are primarily about existing conditions. Analysts do <br />not typically forecast fu1ru e supply independently. Rather, they forecast demand <br />and then look at existing luildable and potentially-buildable supply to see how to <br /> <br />Commercial and Industrial Lands Database <br /> <br />ECONorthwest <br /> <br />Ratio of <br />improvement to <br />land value <br /> <br />September 2006 <br /> <br />Page 26 <br />