Item A: Downtown Financing Strategy

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Chapter 2: Description of Physical, Social, Economic, and Environmental Conditions in the Plan Area Note: This description and assessment is only current to the identified dates. A. Physical Conditions 1.Land Area The Plan Area encompasses about 75 acres, after the 5 acre boundary expansion included in the 2010 Amendment. (See Appendix, Exhibit A for a map of the Plan Area.) The total incorporated land area for the City of Eugene, of March 2010, is 28,056. The Plan Area represents about 0.27 percent of the City’s total land area. This area combined with the Riverfront Urban Renewal District of approximately 178 acres, equals 253 acres in renewal districts, which is less than one percent of the City’s total land area. This one percent is well below the 15 percent maximum allowed by Oregon State law. 2.Existing Land Use and Zoning Table 1 below shows generalized land use as of March 2010 by category. Table 2 shows the zoning as of March 2010 by zoning district. A description of each use permitted is found in the City Land Use Code. (The zoning map is located in the Appendix, Exhibit B.) Table 1 Table 2 Generalized Land Use & AcresZoning & Acres Land Use Designation Acres Zoning Designation Zoning Acres Alleys, Walkways, Bikepaths 2.8 Community Commercial C2 0.7 Communication 0.7 Historic S-H 0.1 Educational 0.8 Major Commercial C3 43.9 General Services 13.9 Public Land PL 2.3 Government 5.0 Non-Zoned - Industrial 0.2 28.0 Public Right of Way Parks 1.2 Total 75.0 Recreation 6.2 Data: March 2010 Religious, Charitable 0.1 Residential, Multi-family 5.9 Retail Trade 18.5 Roads 26.1 Transportation Related 1.8 Vacant 0.9 Total 84.3 Data: March 2010 (Total does not equal Downtown Urban Renewal District acreage of 75 due to rounding and vertical land use designation, i.e. parking below residential.) 2