1.
The Cost of Residential Development in San José. (Mayor, Kamei,
Campos, Tordillos, and Cohen)
Recommendation:
Direct the City Manager to amend the scope of work for the next Cost
of Residential Development Study to include:ꢀ
a. A feasibility analysis based on an expanded list of housing
typologies including single-stairwell multifamily buildings and other
small multifamily buildings.ꢀ
b. An analysis of the impact of off-site improvements on the cost
and supply of housing, based on past improvements conditioned on
various housing development projects.ꢀ
c. An analysis of the financial impact of various reach codes and
local amendments adopted or under consideration for adoption by the
City Council.ꢀꢀ
d. An analysis that identifies the parking ratio as one factor in the
cost of development and compares like for like, especially in larger
multifamily products.
e. A sensitivity analysis testing the impact of development review
timelines, with specific quantification of holding costs over the course
of the project.
D. Open Forum
Members of the Public are invited to speak on any item that does not appear on today’s Agenda and that
is within the subject matter jurisdiction of the Committee.
E. Adjournment
to promote open meetings that welcome debate of public policy issues being discussed by the City Council, their Committees,
and City Boards and Commissions in an atmosphere of fairness, courtesy, and respect for differing points of view.
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