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75E - PH 2525 MAIN ST
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75E - PH 2525 MAIN ST
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Last modified
2/1/2019 4:04:49 PM
Creation date
2/1/2019 3:58:07 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
75E
Date
2/5/2019
Destruction Year
2024
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CITY EXPENDITURES <br />RSG utilized the additional population of the Project to estimate the total added expenditures by <br />the City General Fund to service the Project. RSG assumed that each studio would house 1.20 <br />residents, each one -bedroom unit would house 1.75 residents, each two-bedroom unit would <br />house 3 residents, and each three-bedroom unit would house 4.25 residents. Overall, this works <br />out to an average household size of approximately 2.16 residents per unit, which we consider <br />supportable given the unit mix that is more heavily weighted towards one -bedroom configurations <br />(Fig. 2). <br />Figure 2 <br />Number of Units Per Type <br />Source RSG, Iro <br />Studio <br />62 <br />12% <br />1 Bd. <br />304 <br />59 <br />2 ad. <br />108 <br />21 <br />3 ad. <br />43 <br />8 <br />While Santa Ana as a whole has a much higher average household size, many of the denser <br />residents live south of 17th Street. By comparison, within a 0.5 -mile radius of this site, average <br />household sizes are approximately 2.65 persons, which include both single family and multifamily <br />housing, and an overall larger unit sizes with two or more bedrooms. Rent levels and bedroom <br />sizes are often a driver of occupancy, as these units are expected to rent at the top end of the <br />Santa Ana rental market, we anticipate renters to be more affluent and smaller households than <br />what is found elsewhere in the City, and more like what exists in newer complexes being <br />constructed today. <br />RSG gathered data from the US Census and ESRI Business Analyst Online to estimate the <br />equivalent full-time residents of the Project. Approximately 14 percent of Santa Ana residents <br />work within the City, which, in effect means that the City of Santa Ana is servicing these <br />11,12/17 75E-344 38 <br />
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