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$11 <br /> <br />mitigation measures mitigate or avoid the significant environmental <br />effects identified in this EIR and outlined above. Substantial <br />evidence supporting this finding is contained in the record at <br />pages 4-69, 4-70, 4-71 of the Revised Draft EIR. <br /> <br />I. POPULATION AND HOUSING <br /> <br />1. ENVIRONMENTAL I~.FFECTS <br /> <br />Population <br /> <br />The proposed Main Street Concourse includes the development of 64 <br />single-family attached housing units during Phase I of the project <br />and 216 units in a high-rise single-family attached during Phase <br />II, for a total of 280 dwelling units. Construction of these units <br />will increase the city's housing stock and will result in a <br />population increase of 896 residents. <br /> <br />Housinq <br /> <br />The net housing increase resulting from complete (Phase I, 3.5 <br />percent and Phase II, 11.8 percent) project implementation (280 <br />units) would represent 15.3 percent of new housing units in the <br />city of Santa Ana between 1990 and 1995 (1,827 units). It is <br />expected that the housing demand generated by the proposed project <br />may increase the demand for local housing stock and contribute to <br />pressure on vacancy rates. The project includes high-end market <br />rate residential units, with no provision for affordable housing. <br />This impact is offset by the other affordable housing opportunities <br />in the City of Santa Ana. This may be considered an adverse effect <br />on attempts to balance jobs and housing within the area. The 5- <br />year projected housing need in Santa Ana of 5,932 dwelling units is <br />not anticipated to be entirely met due to the lack of available <br />land in the city and the anticipated growth of its office and <br />industrial development base. As discussed above, the potential of <br />more than one family sharing a residential unit is of concern to <br />the city. <br /> <br />Employment <br /> <br />It is estimated that implementation of the proposed project would <br />result in the development of a mix of office, retail, entertainment <br />(theater and cinema), hotel, commercial (health club), and <br />restaurant uses. This mix of proposed land uses would generate <br />approximately 4,029 jobs. <br /> <br />Approximately 12,267 job opportunities will become available in the <br />City of Santa Ana between 1995 and 2000, the projected years of <br />project buildout. The net 4,029 jobs generated by the proposed <br />project represents approximately 32.8 percent of the city's <br />projected employment increase during this period. <br /> <br />21 <br /> <br /> <br />