| San Leandro East 14th Corridor Development Strategy |
| City of San Leandro, Planning Department |
| San Leandro, California | July 2002 | to | January 2004 |
| Strategic Economics was part of a team of consultants working with the community and staff of the City of San |
| Leandro to formulate a development strategy for the southern portion of East 14th Street. Previously an |
| auto-oriented commercial corridor, the southern portion of East 14th has become less vital as traffic has shifted to |
| area freeways and retail shopping patterns have changed. In order to reinvigorate the corridor, General Plan |
| policies (to which Strategic Economics also contributed supporting economic analysis) encourage the transition of |
| the corridor from commercial to residential and mixed-use land uses with concentrated nodes of retail. As part of |
| the team’s efforts, Strategic Economics performed demographic analysis and research on commercial and |
| residential real estate market conditions in the corridor and surrounding areas. In cooperation with the urban |
| design consultants, Strategic Economics used these analyses to create a menu of possible building and use |
| prototypes with good potential for selected opportunity sites. These prototypes included key development |
| feasibility factors such as parking ratios and the amount of retail square footage. This helped city staff and the |
| community conceptualize not only what kinds of uses, but also what types of building formats and site |
| configurations were generally possible for the opportunity sites. Strategic Economics also evaluated the financial |
| feasibility of the different development programs via simple pro formas modeling potential revenues, land values |
| and construction costs. The final component of Strategic Economics’ work consisted of suggesting various |
| financing mechanisms, funding sources and phasing for implementing the development strategy. The resulting |
| "Development Strategy” was adopted by City Council in 2004. |