review identified about 17 acres of partially vacant commercial <br />land.70 <br />Redevelopable commercial land. City staff and a technical <br />advisory group developed a tool to estimate redevelopment <br />potential on commercial lands in Eugene.71 This tool produced an <br />estimate of redevelopment that is reasonably likely without <br />interventions from the City, referred to as the baseline <br />redevelopment estimate. The 2012 employment land supply <br />provides details about the methodology for estimating <br />redevelopable commercial land. <br />Commercial land sufficiency is calculated by subtracting the estimated <br />demand (from Table 28) from the existing supply. Table 29 shows that <br />Eugene has a deficit of 94 acres of land for commercial development over <br />the 20-year planning period. <br />Table 29. Commercial land sufficiency, <br />Eugene 2012-2032 <br />Acres of <br />Commercial <br />Land <br />Supply <br />154 <br />Vacant <br />108 <br />Partially Vacant <br />17 <br />Redevelopable <br />29 <br />Demand <br />248 <br />Sufficiencv <br />(94) <br />Source: ECONorthwest <br />The sufficiency of Eugene's commercial land is <br />calculated by subtracting the demand (248acres) <br />from the supply of commercial land (154 acres), <br />which equals a deficit of 94 acres. <br />70 This analysis is documented in the Envision Eugene report Commercial Employment Supply Draft <br />Tedmical Report: March 14, 2012. <br />n This analysis is documented in the Envision Eugene report Commercial Employment Supply Draft <br />Tedmical Report: March 14, 2012. <br />Part 11 - Eugene Economic Opportunities Analysis ECONorthwest Page 115 <br />