Table 1. Summary of Social Equity, Environmental Health, and Economic Prosperity Impacts <br />Investment Description Social Equity Environmental Health Economic Prosperity <br />Overall $100 million of private investment in new s Improve community access to the river Increase energy and materials use s Create about 1,260 direct and <br /> Enhance culture and education at the during construction secondary jobs and associated income <br />s <br />development of residential, commercial structures, and privately <br />river Decrease average miles driven, during construction period; creates long- <br />s <br />Downtown owned open space under the viaduct available <br /> Improve connectivity for all carbon emissions, and other auto-term jobs at hotel and other commercial <br />s <br />Riverfront Site to the public. <br />transportation modes oriented pollutants spaces <br /> Expand housing and employment Reduce and treat stormwater runoff Enhance tourism and transient room tax <br />sss <br />opportunities Remediate industrial contamination revenues <br />s <br /> Complement downtown revitalization Create a compact urban form Create cost efficiencies for urban <br />sss <br /> services <br />s <br />opportunities <br />Downtown Design and construct a 4-acre City-owned park s Increase energy and materials use Increase costs for security and <br />- <br />opportunities during construction maintenance <br />Riverfront Park on Willamette River. <br /> Improve access to Willamette River Reduce and treat stormwater runoff Create about 110 jobs and associated <br />sss <br /> Contribute to community cohesion Reduce energy consumption income during construction period <br />ss <br /> Positive effect on health Enhance habitat in riparian area Increase property values <br />sss <br /> Positive effect on air quality Enhance tourism and transient room tax <br />ss <br />revenues <br />Bike Path Design and improve Bike Path throughout s Improve connectivity and access to Increase energy and materials use s Create about 10 jobs and associated <br />riverfront and downtown core during construction income for every $1 million of path <br />Downtown Riverfront site. <br /> Increase opportunities to improve Decrease average miles driven, construction expenditure during <br />ss <br />health carbon emissions, and other auto-construction period <br />oriented pollutants Increase exposure to retail businesses <br />s <br />Quiet Zone Enhance safety at RR crossings to meet federal s Increase safety at railroad crossings Increase energy and materials use s Create about 35 jobs and associated <br /> Improve access to riverfront site during construction income during construction period <br />s <br />standards to eliminate train horn noise (which <br /> Diminish noise Implement management of Provide essential access to riverfront <br />sss <br />has a minimum of 96 decibels). Project includes <br /> Improve health contaminated MGP site site (8 Avenue crossing and <br />s th <br />10 crossings: 8 th Avenue, High Street, Pearl <br /> Addresses HUD requirements for roundabout) <br />s <br />Street, and 7 additional crossings west of the <br />noise levels adjacent to affordable Reduce construction costs of <br />s <br />Downtown Riverfront site. <br />housing in and around the Downtown development <br />Riverfront site <br />Enhanced Improvements to streets above basic street s Enhance the public experience s Reduce and treat stormwater runoff s Enhance financial viability of the <br /> Positive effect on health Reduce energy consumption development overall <br />ss <br />Pedestrian requirements. <br /> Positive effect on air quality <br />s <br />Environment <br />Historic Seismic upgrades and other repairs of Steam s Enhance cultural identity s Conserve existing resources Cost of rehabilitation may exceed <br />economic value of the structures <br />Preservation of Plant. <br />Steam Plant <br />Affordable New housing in the District that is specifically s Increase location choices for low- Increase energy and materials use s Create about 15 jobs and associated <br />income households during construction income for every $1 million of multi- <br />Housingtargeted to low income households. <br /> Reduce dependency on automobiles Decrease average miles driven, family construction expenditure during <br />ss <br /> Reduce commute times carbon emissions, and other auto-construction period <br />s <br /> Provide access to goods and services oriented pollutants Increase consumption spending <br />ss <br /> Improved standard of living positively / - Varying impact on property values <br />ss <br />affects health <br />Cost-Benefit Analysis: Developing the Riverfront Site July 3, 2018 Page 4 <br />