TRANSIT TRIPLE ANALYSIS <br />The Transit Triple Analysis (TTA) was designed to analyze the proposed zoning changes, in <br />combination with planned transit and multimodal investments, to better understand the <br />outcomes produced in terms of livability, prosperity and multimodal transportation. The <br />approach is similar to a `triple bottom line' analysis. The TTA criteria were informed by the <br />goals and objectives of this study. <br />LIVABILITY <br />Promote Context -Sensitive Urban Form <br />By focusing development densities within Neighborhood Centers along River Road and <br />providing opportunity for a mix of lower density housing within '/a mile of the corridor, the <br />Preferred Concept allows for focused growth on the major thoroughfare (River Road) and <br />respects the predominantly residential neighborhoods that surround it. While still in draft <br />form, the types of development and design standards proposed for the Preferred <br />Concept would shape the urban form in a manner that is consistent with the community's <br />feedback on building typology and the goals developed as part of the River Road -Santa <br />Clara Neighborhood Plan planning process. <br />Provide a Mix of Housing Types to Ensure Affordability across Income Ranges <br />Compared to the existing conditions, the Preferred Concept provides the opportunity for <br />much more diversity in housing types and sizes. The height bonus for affordable housing <br />developments proposed in the C -MU overlay creates a tool to help ensure affordable <br />housing opportunities would be provided near transit and other Neighborhood Center <br />amenities. <br />Provide Opportunity for Public Amenities, Gathering Spaces and Natural Areas <br />The Preferred Concept achieves this goal by first leveraging the existing open spaces and <br />recreational amenities by incorporating an overlay to protect the environmental and <br />recreational public amenities in the Willamette Greenway and proposing zoning for <br />adjacent properties to remain low density residential. If the proposed multimodal <br />recommendations are implemented, safe access to and from this amenity would be <br />enhanced. The Preferred Concept includes development and design standard <br />recommendations that consider opportunities for public amenities, gathering spaces and <br />natural areas to be part of a site design requirement, with a particular focus on <br />opportunities with Neighborhood Centers. <br />PROSPERITY <br />Increase the Potential for New Jobs <br />As described previously, for Concept 1 and 2, the current market conditions in the corridor <br />are not favorable to a significant change in commercial or office development. The <br />Preferred Concept would result in similar outcomes, at least in the near-term — some small <br />stand-alone retail may be feasible in limited locations. Over time, however, developed <br />RIVER ROAD CORRIDOR STUDY <br />Ism <br />