11 ATTACHMENTS 05-07 - Laserfiche WebLink

ATTACHMENT 7 DRAFT MEMORANDUM To: City of Pleasanton From: Jason Moody and Michael Nimon Subject: EPSP Infrastructure Feasibility Analysis; EPS #121090 Date: July 25, 2013 The Frnnomicc of bind Cm. Introduction Over the past year, the City of Pleasanton has been planning for new development in East Pleasanton through the East Pleasanton Specific Plan (EPSP). The City's General Plan calls for a potential mix of housing, I -, office, retail, and industrial uses as well as parks and open space. The EPSP area comprises approximately 1,110 acres on the northeast edge of the City and consists of mostly undeveloped land, combined with previously used industrial and mining uses and lakes. About 406 acres are considered developable. Economic & Planning Systems (EPS) has been involved in assessing a variety of economic and financial issues associated with the EPSP program options. These initial financial feasibility screens have informed the allocation and magnitude of potential development options based on the infrastructure burden relative to the potential finished value of each program option. Four revised options have been prepared based on input from the Task Force over the last several months, with revised infrastructure cost estimates prepared by Kier & Wright Civil Engineers Surveyors. This analysis also evaluates an additional development alternative (option 7), prepared based on discussion with City staff and summarized in Appendix Bt. Economic 8 Planning Systems,Inc. 2501 Ninth Street,Suite 200 Berkeley,C4 94710-2257 510 841 9190 tel 510 841 9208 fax Berkeley Denver Los Angeles Sacramento 1 This alternative represents an offshoot from Option 5 and reflects the www.epsys.com residential product types discussed at the June 19th Taskforce Meeting.