Climate-Friendly Areas Evaluation Report

Medford Climate Friendly Area Study – Evalua Ɵon of Candidate Loca Ɵons Revised December 2023 6 Depending on the CFA formally designated in Ph ase II, land use regulations may need to be modi fied and zone changes may be required to account for the minimum density, building height, and land use requirements identi fied above and in OAR 660-012-0320. Estimated CFA Size Calculations The Climate Friendly Area (CFA) Boundary need s to accommodate 30% of all dwelling units needed by 2042. Based on the City’s adopte d 2022-2042 Housing Capacity Analysis, Medford needs 13,102 new dwelling units to accommod ate growth during the 2022-2042 planning period. The City’s existing 33,763 units and th e 13,102 units built to meet future demand total 46,865 units. Thirty percent of th e total (46,865) is 14,060 dwelling units. Current Number of Existing Units Projected Number of Units to Meet Future Needs by 2042 30% of Total 2042 Units 33,763 13,102 46,865*0.30 = 14,060 Table 2: CFA dwelling unit calculation The method provided in OAR 660-012-0315(2) wa s used to calculate the amount of land needed to accommodate this number of dwellin g units. The following assumptions used in the calculations below were drawn from this section as well:  An average unit size of 900 square feet;  Building heights permitted up to 85 feet or seven stories; and  Dwelling units are assumed to occupy thirty percent of total available floor area. Total floor area needed to accommodate needed DU @ 900SQFT/DU = 14,060 * 900 Total building floor area needed to accommodate total residential floor area (assuming 30% residential occupancy = 12,653,550/0.30 Number building floors available Total net land needed to accommodate residential development in CFA = 42,178,500/7 of building stories (square feet) Total net land needed to accommodate residential development in CFA (acres) 12,653,550 42,178,500 7 6,025,500 138 Table 3: CFA estimated land need #1