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HomeMy WebLinkAboutCouncil Presentation 03/18/2017 - 2014 Development Fees presentation3/18/2014 Where we are ■ Growth Assumptions, Streets IIP, Parks IIP - Adopted February 1 1, 2024 ■ Established - Predicted growth for 10 years - Predicted infrastructure for 10 years - Equivalent Demand Unit relationships - Construction tax credits - HURF credits ■ Draft publication of Fees Feb 14th Impact fees and the EDU relationship 1. The Single Family Residence is 1 EDU - 2400 sf living space and garage - $2374 construction credit ($989/1000 sf) -� 10 trips per day - all primary 2. All other uses relate to this - Trips generated per 1000 sf - Factors for primary trips - Construction credit based on normal building materials per 1000 sf Revisions to date Continued analysis of EDU factors for non-residential development � lMntanaa. ��. p�b�K��O '.,.. �� lMa�ana ��. y .tlPima<cu��Iy ,..�,,,. � � � .� �� � � .� i� , . a" �*`� � �`� �:F�' ��,° v �s , ^` �Sr` �y` �'` �,¢ � ,fi 9 �� o �t , � ��a ��,e � w ��' P � Q e � � ��' ��' �� ��' �� ee`'� . � �`' � �,e �� ��> €' � ; 3/18/2014 2 3/18/2014 Development Fees a comparison Published Revised Current 2/14/14 3/18/14 SFR - NW streets $7,372 $1,402 $3,294 SFR - NE streets $7,624 $3,420 $5,599 SFR - S streets $3,465 $1,805 $3,926 SFR - Parks $3,294 $2,461 $2,461 Office/1000 sf NE streets $0 $5,81 1 $6,606 Retail/ 1000 sf < 3000 sf NE streets $0 $8,524 $5,394 Retail/1000 sf --60,000 sf NE Streets $0 $17,077 $10,377 High Traffic Retail/1000 sf NEStreets $0 $32,162 $25,708 Hotel/Motel per room NE Streets $0 $2,857 $3,291 -�..�z:� 3 Development Fees the total picture r 3/18/2014 Examples Dentist Office, Lon Adams Road, 1,993 sf, office category 1993 / 1000 x $4,301 = $8,572 �Was �6 ,651) McDonalds, Sandario Road, 4,393 sf, high traffic retail category 4393 / 1000 x$18,1 O 1=$79,518 (was $92,284) Marana Health Center, 74,656 sf, medical facility category 74656 / 1000 x $9,590 = $715,951 (was $394,258) 100-Lot Subdivision $3294 x 100 = $329,400 Examples Massage Envy, 3,252 sf retail $12,168 + (0.252 x $4,719) _ Sportsmans Warehouse, 62,469 sf retail $68,796 + (47.469 x $8,035) _ Lowes, 152,470 sf retail $550,896 + (77.470 x $7,372) _ Marana Center, 360,000 sf retail $1,472,396 + (160 x $6,045) _ $13,357 ��2o,aso� $450 ,209 ($741,354) ��,�22,��J ($1,664,171) $2,439,596 ��3,ao�,3ss� Marona Lowes Cenfer Sporfsmans j� 152,470 SP 360,000 Sf , �� � Warehoure . ._-....,�z� �" 62469 SF � — .. .. . . � Massage � ' o Envy ��'� � � � �3,252SF � � w� � � � . ,��� :` ��. �, y . , > .. �� SO.00O i00,000 150.000 200,000 250,000 300.000 3SC.000 400,000 Square Footage 4 3/18/2014