Item 1: Ordinance on EWEB Downtown Riverfront Property

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EWEB DOWNTOWN RIVERFRONT LAND USE COMPONENTS Residential Land Use and Housing Element Residential Land Supply and Demand A.4 Use annexation, provision of adequate public facilities and services, rezoning, redevelopment, and infill to meet the 20-year projected housing demand. The proposed amendments and zone change involve re-designation of the subject site to facilitate future redevelopment, which will lead to infill development within the downtown core. As described in findings for Goal 10 under EC 9.7730(3)(a), the proposed amendments and zone change are consistent with the Residential Lands and Housing Study, will significantly increase the supply of land available for supporting residential development, and through subsequent residential or mixed- use development will help meet projected housing demands. Based on these findings, the proposed amendments and zone change are consistent with Policy A.4. Residential Density A.10 Promote higher residential density inside the UGB that utilizes existing infrastructure, improves the efficiency of public services and facilities, and conserves rural resource lands outside the UGB. A.11 Generally locate higher density residential development near employment or commercial services, in proximity to major transportation systems or within transportation-efficient nodes. A.12 Coordinate higher density residential development with the provision of adequate infrastructure and services, open space, and other urban amenities. A.13 Increase overall residential density in the metropolitan area by creating more opportunities for effectively designed in-fill, redevelopment, and mixed use while considering impacts of increased residential density on historic, existing and future neighborhoods. A. 14 Review local zoning and development regulations periodically to remove barriers to higher density housing and to make provision for a full range of housing options. A.15 Develop a wider range of zoning options such as new zoning districts, to fully utilize existing Metro Plan density ranges. A.16 Allow for the development of zoning districts which allow overlap of the established Metro Plan density ranges to promote housing choice and result in either maintaining or increasing housing density in those districts. Under no circumstances, shall housing densities be allowed below existing Metro Plan density ranges. Redevelopment of the subject site pursuant to the proposed amendments and zone change will facilitate infill of prior developed land already served by existing public utilities. The subject site is th located adjacent the downtown area and 5 Street commercial corridor. The redevelopment vision consists of high density, pedestrian oriented, mixed-use development with high-quality public amenities and open space along the riverfront. The proposal involves the establishment of a Cameron McCarthy FINAL SUBMITTAL | December 5, 2012 {00091176;1 }