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Table 19: Project Operations Economic Impact
<br />Estimated Economic Impact of the Project Operations
<br />City
<br />of Santa Ana
<br />Impact
<br />Employment
<br />Labor Income
<br />Value Added
<br />Output
<br />Direct
<br />304
<br />$19,500,000
<br />$32,300,000
<br />$50,600,000
<br />Indirect
<br />7
<br />$472,000
<br />$809,000
<br />$1,230,000
<br />Induced
<br />38
<br />$2,000,000
<br />$3,900,000
<br />$6,100,000
<br />Total
<br />349
<br />$21,940,000
<br />$36,300,000
<br />$57,850,000
<br />Remainder of Orange County
<br />Impact
<br />Employment
<br />Labor Income
<br />Value Added
<br />Output
<br />Direct
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />Indirect
<br />99
<br />$6,940,000
<br />$13,000,000
<br />$19,400,000
<br />Induced
<br />787
<br />$44,000,000
<br />$80,840,000
<br />$127,600,000
<br />Total
<br />886
<br />$51,000,000
<br />$94,000,000
<br />$147,000,000
<br />Total Countywide
<br />1,235
<br />$73,000,000
<br />$130,000,000
<br />$204,800,000
<br />Note: Numbers are rounded and may not sum
<br />Source: IMPLAN, BLS, California DOF, AECOM
<br />At buildout and stable occupancy of the Project, IMPLAN estimates that the direct, indirect, and induced impacts of
<br />Project operations would annually support approximately 1,235 jobs and generate over $207 million of total economic
<br />output for Orange County, with 349 jobs and over $57 million in economic output occurring within the City of Santa
<br />Ana.
<br />AECOM assumed retail operations at buildout would include a mix of restaurant, clothing, electronics, general goods,
<br />and personal care services. Beyond retail operations, the major source of induced employment and economic output
<br />is the household consumption of residents in the Project.
<br />AECOM assumed the Project's 80,000 SF of retail could support approximately 304 employees at structural
<br />occupancy (250 SF/employee). The area's median household income of approximately $72,000 was assumed for
<br />976 households (95% occupancy of the up to 1,150 units).
<br />75C-651
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