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Economic Impact Analysis
Title 21 Rewrite
Description
The proposed rewrite of Title 21 land use regulations has raised questions about potential economic impacts to property owners and real estate developers who would be subject to changes imposed by the new code. The Municipality contracted with Development Strategies (consultants specializing in real estate, economic, and community development projects) to prepare an Economic Impact Analysis (EIA) of the Title 21 Rewrite.
Development Strategies has prepared a draft report that focuses on certain land use regulations proposed in the Title 21 Public Hearing Draft now under review. The EIA is a technical study that measures potential economic impacts in two ways: impacts on land values compared to land development potential, and impacts on development costs to comply with the proposed regulations.
The EIA does not address all chapters of the Public Hearing Draft—its focus relates to the following:
-Chapter 4: Zoning Districts
-Chapter 5: Use Regulations
-Chapter 6: Dimensional Standards and Measurements
-Chapter 7: Development and Design Standards.
See also companion projects:
Anchorage Bowl Land Use Plan Map Update
Title 21 Rewrite
Citizen Participation
Robert Lewis, Principal at Development Strategies, visited Anchorage in March to present the results of the draft EIA at several public meetings.
A Planning and Zoning Commission public hearing on the Draft Economic Impact Analysis of the Title 21 Rewrite remains open. It began on April 7, was continued to May 12, and then was postponed to June 9. The meeting begins at 6:30 p.m. in the Assembly Chambers of the Z.J. Loussac Library, 3600 Denali Street.
Comments may be submitted by e-mail to Title21@muni.org or through the Zoning Cases Online system. Input case number 2008-056.
Comments may also be mailed, hand-delivered, or faxed using the delivery/contact information below:
By Mail:
Physical Planning Division
Planning Department
Municipality of Anchorage
P.O. Box 196650-6650
Hand Delivery:
Planning Department Counter
Planning and Development Center
4700 Elmore Road (formerly Bragaw Street)
Fax: 343-7927
If you have questions about the upcoming meetings or about the EIA, please contact the Planning Department at 343-7921 or e-mail Title21@muni.org.
Documents for Review
DRAFT Economic Impact Analysis for Title 21 Rewrite
Summary Table of Model Testing Results
Model Testing Parameters and Assumptions
Model Tests:
Some documents require Adobe Acrobat reader ver 5.0 or higher. They may take several minutes to open
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