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Presentation - #22
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09/17/2024
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Presentation - #22
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Slide 43 Related Bristol Specific Plan <br />Item No. 22 <br />Planning and Building Agency <br />September 17, 2024 <br />Community Benefits <br />•Highlights of the EIA, FIA, LRV, and CBA reports include: <br />–Approximately 16,800 full-and part-time jobs valued at $1.5 billion labor <br />income <br />•1,586 on-going valued at $337M labor income <br />–Despite a net decrease in onsite commercial space and an increase in <br />onsite residential units, a minimum $3.39M net direct annual fiscal <br />benefits to the City <br />–A catalyst project and enhancement of a key gateway into the City <br />adjacent to a major regional commercial and cultural center <br />–Creation and developer maintained 13.1 acres of new publicly accessible <br />open space for the community <br />–New affordable housing in-lieu funds to be used to create affordable <br />housing communities throughout the entirety of Santa Ana <br />–New Police Department substation at the southern portion of the City <br />•Overall, the project provides both quantitative and qualitative net <br />benefits to the City
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