Chad Drive Zone Change Map (about 159 acres to E-1) <br />W <br />04.01 201, <br />Of the 543 acres that were rezoned to E-1, about 139 of these acres are vacant with about 87 of <br />those vacant acres being smaller than 10 acres in size.' The remaining commercial job need after <br />the E-2 re-zone/code amendments (Measure 1a) is about 47.5 acre or 2,584 commercial jobs. 6 <br />It is assumed that at minimum 47.5 of the smaller E-1 vacant acres may be suitable for these <br />commercial-type uses, thereby accommodating the remaining commercial job need. As a result <br />of Measures 1a and 1b, the 121 acre surplus of Industrial sites less than 10 acres in size <br />identified in Part III of this Study is further reduced, as reflected in Table 4 below. <br />Timing: The City Council adopted the new E-1 Employment Zone on May 14, 2014. The City's <br />action was acknowledged by the Oregon Department of Land Conservation and Development <br />pursuant to ORS 197.625(1)(a). <br />The resulting capacity of these two measures is for 4,254 commercial jobs on Industrial land: <br />' Based on review of the inventory of vacant Industrial sites 10 acres or greater, about 52 of the 139 vacant acres in <br />the three E-1 study areas are 10 acres or greater. <br />' The conversion of jobs to acres uses the same assumption used to calculate capacity on employment land; 68 EPA <br />for (non-retail) commercial jobs and 23 EPA for retail jobs. For these 2,584 campus industrial jobs, all are assumed <br />to be office jobs (not retail), divided by 68 EPA is 38 acres. This 38 acres divided by .8 acre for the net-to-gross <br />conversion is 47.5 ac of additional commercial jobs capacity on Industrial land. <br />Employment Land Supply Study I Draft February 2017 Part IV- Page 7 <br />