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60A - 4TH AND MAIN MIX USE DEVELOPMENT
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12/03/2019
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60A - 4TH AND MAIN MIX USE DEVELOPMENT
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Last modified
11/27/2019 12:11:26 PM
Creation date
11/27/2019 11:34:45 AM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
60A
Date
12/3/2019
Destruction Year
2024
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RSG analyzed the direct, indirect, and induced effects both during the construction phase <br />(Temporary Impacts) and operations phase (Permanent Impacts). The various types of effects <br />are described below: <br />• Direct Effects — Refers to the direct effects that occur on the Project site resulting from <br />development costs and operational sales revenue. <br />• Indirect Effects — Changes in sales, jobs, and/or income within the businesses that supply <br />goods and services to the Project. Indirect effects do not occur directly on the Project -site <br />but are an indirect effect to surrounding or related businesses. <br />• Induced — Regional changes resulting from additional spending earned either directly or <br />indirectly from the Project. <br />The IMPLAN analysis concludes that the temporary construction component of the Project will <br />result in 420.5 new direct full-time and part-time jobs, 186.4 indirect full-time and part-time jobs, <br />and 216.9 induced full-time and part-time jobs within Santa Ana. The total temporary construction <br />jobs attributed to the Project total nearly 824 full-time and part-time jobs. <br />The permanent impacts attributed to the Project are 68 full-time and part-time jobs related to the <br />operations of both the residential building itself, as well as the retail component of the Project. <br />This includes 49.8 direct full-time and part-time jobs, 7.3 indirect full-time and part-time jobs, and <br />10.8 induced full-time and part-time jobs within Santa Ana. <br />The following table outlines the full-time and part-time jobs within the City and County boundaries. <br />PROJECTED EMPLOYMENT <br />4th + Main <br />Temporary (Construction) Jobs <br />Direct <br />420.5 <br />Indirect <br />186.4 <br />Induced <br />216.9 <br />Subtotal <br />823.8 <br />Permanent Jobs <br />Direct 49.8 <br />Indirect 7.3 <br />Induced 10.8 <br />Subtotal <br />M] <br />Total Temporary & Permanent Jobs <br />Direct <br />470.3 <br />Indirect <br />193.7 <br />Induced <br />227.7 <br />Total <br />892 <br />Source: IMPLAN <br />E <br />60A-178 <br />
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