Ordinance No. 20099 - Laserfiche WebLink

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that the supply of commercial land as of 1989 was 702 acres. [Pg. 242 The demand needs ] through the year 2010 were projected to be 532 acres, resulting in an excess supply of 170 acres. This figure also includes a portion of existing industrial land approximately 95 acres) in available supply, since the I-1 and I-2 zoning districts allow certain "supporting commercial establishments." The applicant submitted into the record a more recent analysis by Lane Council of Governments ~LCGG} updating the methodology used in the 1989 commercial lands inventory and applying the most recent data, the 1994 parcel files. The LC4G analysis indicated a supply of undeveloped commercial land of 354 acres, as of 1994. [Pg. 323] The Industrial Lands Policy Report concluded that the short-term ~5 year} supply of industrial land was determined to be 1,887 acres as of 1989, while the short-term demand was estimated to be between 228 and 410 acres. [Pg. 311 ] The Report also determined that the long-term X20 year} supply of buildable industrial land was 3,604 acres within the Metro UGB and 2,895 acres within the Eugene UGB, far exceeding the long-term demand estimated at between 650 and 1,172 acres. [Pp. 308, 313] This information indicates that the industrial land supply is more than adequate to meet the short-term and long-term demand for future industrial development. The applicant submitted an analysis by LC4G updating the available supply of undeveloped industrial land within the Eugene UGB using 1994 parcel data f les. The analysis calculated a total supply of 2,861 acres of undeveloped industrially designated or zoned land within the Eugene UGB. [Pg, 324] The Industrial Lands Inventory Report identified that of the total acreage of vacant land within the Eugene-Springf eld UGB designated or zoned industrial, approximately 10% of the vacant acreage is deemed unbuildable. The Industrial Lands Policy Report defined "buildable land" as privately owned and "not prohibited from development due to physical prohibitions including Iloodway, severe soils or slope constraints, and officially protected wetland or wetland mitigation status." [Pg. 7, Policy Report] Applying the same 10% reduction for unbuildable lands to the updated LC4G analysis of vacant industrial land within the Eugene UGB yields approximately 2,575 acres of vacant, buildable industrial land within the Eugene UGB as of 1994 [Pgs 126,127], which far exceeds the demand within the entire Eugene-Springfield Metro UGB, Even if the amount of unbuildable acres within the entire Eugene-Springfield UGB X43 5 acres} identified in the Industrial Lands Inventory Report [Pg 308] is subtracted from the updated LC~G analysis of vacant industrial land only within the Eugene UGB, the yield of 2,426 acres still far exceeds the projected demand. .Another study, "Market Demand Study for Nodal Development" by EC~Northwest and Leland Consulting Group, indicated a similar number of undeveloped acres designated for industrial use. [Pg. 253] In addition, this study notes that 43% of vacant, buildable industrial land is available for Light-Medium Industrial use and 19% is designated for Campus Industrial use. Furthermore, the industrial lands inventory accounted for changes in use and Plan designations. The Policy Report stated: "The surplus of industrial land in the existing inventory provides for 5