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ECLA: Baseline Assumptions ECONorthwest July 2009 Page 40 <br />confusion about what is possible, practical, and required for an evaluation of <br />redevelopment. <br />A few CAC members preferred that redevelopment be estimated on a tax-lot basis: <br />this got referred to at CAC meetings as a supply-side approach to redevelopment. ECO <br />and City staff met with Paul Conte, a CAC member and advocate of this method, at the <br />end of June to clarify the option. All parties generally agreed that: <br />28 <br />? <br />It would be desirable that any method used to make estimates of future <br /> <br />redevelopment have some empirical basis, and one derived from the experience <br />of the City of Eugene would be preferable. In other words, it would be desirable <br />to have some information about the historical rate of redevelopment in Eugene. <br />? <br />Per the discussion of definitions above, a desirable measure of residential <br /> <br />redevelopment would be the number of dwelling units built on land <br />that was <br /> (i.e., was not classified as vacant). <br />already classified as developed <br />? <br />If one had a measure of the of redevelopment for some historical period, <br /> amount <br />then one could convert that amount to some type of in several different <br />rate <br />ways. One way would be to divide the amount of dwellings considered to be <br />redevelopment by the total number of dwelling units built for the same period. <br />That is what ECO did in its previous report (and what has been referred to as a <br />demand-side treatment of redevelopment), estimating that between 11% and <br />14% of all housing units built between 2001 and 2008 could be classified as <br />redevelopment. Alternatively, one could divide the same estimate of <br />29 <br />redeveloped dwelling units by some measure of the total (theoretical) capacity of <br />Eugene’s developed land to accommodate greater density. Such a measure <br />would say something like “between 2001 and 2008 Eugene used X% of the <br />theoretical capacity of its developed residential land.” That is more of a supply- <br />side ratio. <br />? <br />The request by some CAC members for a more detailed supply-side analysis of <br /> <br />redevelopment is a request that the likelihood of redevelopment over the 20- <br />not <br />year planning period be estimated for every developed tax lot in Eugene, or that <br />some analysis be done to define and identify a subset of specific developed tax <br />lots that have a “strong likelihood” of redevelopment. Such an analysis would be <br />expensive, speculative, and beyond what has been done in any other Oregon <br />planning exercise that we know of. <br /> <br /> <br /> Paul Conte sent a memorandum describing his proposed methodology in detail on July 7, 2009. We are still <br />28 <br />reviewing the details he proposes. Based on the methods he discusses, it seems that there is general agreement about <br />the logic, data, and methods for doing the redevelopment analysis the way that ECO has proposed. <br /> As noted later in this memorandum, because we have changed (improved) the definition of redevelopment as <br />29 <br />part of work subsequent to making that calculation, those estimates change a little, but in concept they are calculated <br />the same way. <br /> <br /> <br />