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Page 6 PUD-105 and P14-0852 July 9, 2019 JDEDZ The amount of energy used would represent an insubstantial fraction of the region's available energy supply and capacity. The JDEDZ would be consistent with energy efficiency standards in the applicable Title 24 Energy Efficiency Standards for Nonresidential Buildings and the Title 24 Building Energy Efficiency Standards, referred to as the California Green Building Standards(CALGreen)Code and include electric vehicle supply equipment(EVSE)to promote transportation energy efficiency. Additionally,the Costco warehouse would be designed to include solar at the time of opening which would reduce its consumption of electricity provided by PG&E. Because the JDEDZ would be consistent with energy efficient building standards and promote transportation energy efficiency,it would not result in the wasteful, inefficient, and unnecessary consumption of energy or preclude opportunities for improving overall fuel efficiency and future energy conservation. The JDEDZ project also would not conflict with or obstruct a state or local plan for renewable energy or energy efficiency. As a result,operational energy impacts would be considered less than significant. Economic Impact Analysis The Economic Impact Analysis prepared by ALH Economics,was circulated for public comment as part of the Draft SEIR in 2015. No changes have been made to the Economic Impact Analysis; however; the City has agreed to recirculate this analysis for additional public comment pursuant to a request from the Petitioners. As a refresher,the Economic Impact Analysis indicates that impacts generated by the JDEDZ on the market area's'existing retail environment would be limited The Economic Analysis projects that Phase I sales in the JDEDZ(i.e., the sales resulting from a club retail use and a limited amount of general retail uses) could result in a decrease in annual sales by existing market retailers of approximately $26.7 million, or 0.9 percent of the market area's existing$3 billion in annual retail sales,which is a nominal impact. The proposed JDEDZ's effect on the local economy is projected to be focused in three specific retail categories: gasoline stations, home furnishings and appliances,and food and beverages. In the first two categories(gasoline stations, and home furnishings and appliances), sales within the JDEDZ would amount to a combined 1.1 percent or less of existing market area sales, which would not be considered substantial when spread among the numerous gas stations and home furnishing and appliance stores in the market area. While food and beverage sales within the JDEDZ would amount to 7.4 percent of existing market sales,the new market demand alone generated between now and buildout of the JDEDZ would be sufficient to recompense existing businesses for these potentially diverted sales. Accounting for the fact that sales diverted from existing stores to a club retail use would be widely dispersed among numerous supermarkets, ethnic food stores,and other small food markets (rather than concentrated in a single store or small number of stores),there would be limited effects on existing food and beverage retailers. The Economic Impact Analysis also concludes that the JDEDZ would have no adverse economic effects on downtown businesses, primarily because downtown offers a unique and different shopping environment than a club retailer, and most downtown businesses sell goods that are quite different from those sold at club retailers. On the positive side,the economic study also notes that a Costco could generate enhanced visibility for existing businesses in the proposed JDEDZ, benefits associated with local availability of low-cost food and gas, and possible long-term increases in property values. 1 The"market area"for this study comprises 18 full census tracts and three partial census tracts spanning the City of Pleasanton,the majority of the City of Dublin,and some unincorporated Alameda County areas south of the City of Pleasanton and northwest of the City of Dublin.The market area was determined through review of drive times to the project site and the locations of other nearby club retail stores,with consideration also given to natural and man-made features,such as topography and freeway access. COMMUNITY DEVELOPMENT— P. O. BOX 520, Pleasanton, CA 94566-0802 Planning Building&Safety Engineering Traffic Inspection 200 Old Bernal Ave. 200 Old Bernal Ave. 200 Old Bernal Ave. 200 Old Bernal Ave. 1S7 Main St. (925)931-5600 (925)931-5300 (925)931-5650 (925)931-5650 (925)931-5680 Fax: 931-5483 Fax: 931-5478 Fax: 931-5479 Fax: 931-5479 Fax: 931-5484