55A - RESO - SA ARTS COLLECTIVE PROJ

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Relocation Plan for Santa Ana Arts Collective — 1666 North Main, Santa Ana, California While there is no specific requirement under current Relocation Law that alternate relocation sites be made available to non - residential occupants at the time of displacement, the Developer is committed to making every effort to satisfactorily relocate all concerns. A survey was conducted daring the months of April and May 2016 to determine the availability of commercial sites in the Project area and vicinity; the following sources were utilized: • Internet sources • Telephone and field contact with commercial brokerages serving the area A. Replacement Site Availability The Project includes up to 10 non - residential uses, zoned for commercial office. The research that was performed to analyze likely relocation opportunities focused on actual office space availability in Santa Ana, Tustin and Orange. 'Cable 2: Availability and Cost of Office Space Space in Size /Square No. of Properties Found Cost /Sq. Foot (Median Cost) Footage Less than 1,000 SF 12 $1.35 - $1.76 ($1:48) 1,001 SF to 3,000 SF 30 $0.68 - $105 ($1.50) 3,001 SF to 6,000 SF 12 $1.05 - $1.75 ($1:10) Larger than 6,001 SF 21 $0.65 - $1.80 ($1.15) Non - residential use owners will have to take an active role to search for appropriate replacement sites should the Project proceed as planned. The information in this Plan is a snapshot in time; the commercial real estate market in Southern California is volatile and may be able to absorb the relocations of all non - residential uses as long as there is available assistance and active participation of non - residential use owners. The Developer will provide professional consulting assistance to all displacees during the relocation implementation phase to minimize any down time and loss of income for non - residential use owners. 55A -15