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First Phase: Background Analysis <br />Deliverables <br />Time Frame <br />floodplains, and some sewer, water, and dry utilities — such as gas and electric) will be supplemented with <br />the City of San Leandro sewer, water and dry utility data, including some as -built plans for major <br />infrastructure if necessary. Wood Rodgers will obtain EBMUD and PG&E facility maps in the project area, <br />and the information provided will be added to the base map/data base. <br />Wood Rodgers will work with the City to review and document the existing capacities and conditions of these <br />systems, based on City staff knowledge and existing reports and studies. <br />A brief summary memo of the existing infrastructure serving the Specific Plan area will be developed. The <br />summary will include the base map and a brief description of the existing capacities and condition of the <br />utilities including sewer, water, drainage, flood control, gas, and electric systems. The summary memo will <br />serve as a guide for the plan development. <br />Task 1.6: Market Demand Analysis. SE will analyze potential market demand for housing, retail, office, and <br />Market Demand <br />October 2015 <br />mixed-use transit -oriented development in the Bay Fair TOD Specific Plan area. SE will build off its existing <br />Analysis Report <br />work obtained from its ongoing economic and market analyses for the San Leandro General Plan update. <br />This work includes long-term citywide industry and employment trends, current real estate market conditions, <br />citywide retail sales trends, and market conditions in the TOD Specific Plan area. <br />The real estate market analysis to be prepared for the TOD Specific Plan will examine recently built, planned, <br />and proposed competitive projects within the appropriate market or trade area for each product type — <br />including transit -oriented development areas near other BART stations in Alameda County. Data to be <br />collected will include rents/sales prices, vacancy rates, buyer/tenant profiles, absorption rates, project <br />amenities, and specific location characteristics such as proximity to transit and to shops within walking <br />distance. On the demand side, SE will prepare demand estimates for each use. Local real estate brokers <br />will be interviewed to gain additional insights into how the TOD Specific Plan area is positioned within the <br />broader market/trade area(s) and how the area's competitive strengths and constraints will impact likely <br />future demand. This work will build on the demographic, employment, and business trend analyses <br />conducted for the General Plan, and will focus on understanding how future demand will be influenced by <br />evolving household and business dynamics within the city and region. <br />The Market Demand Analysis task will also include an initial assessment of the feasibility of providing <br />affordable (very low, low and moderate) and market rate housing in the TOD Specifc Plan Area to set the <br />stage for the affordable housing strategy and a pro forma financial analysis of key building types proposed in <br />RAIMI + ASSOCIATES: BAY FAIR BART TRANSIT VILLAGE TOD SPECIFIC PLAN MAY 18, 2015 1 PAGE A-4 <br />