[responses to the Copley Place Draft Environmental Impact Statement]
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The application of the 17.2% employment from surrounding neighborhoods and 50% City of Boston residents was based on an assumption that the hire-locally effort would be carried out by the developer and public agencies involved, and would not include outsiders who later move in. Furthermore, because of existing rent and sale levels in the impact area, the number of non-professional workers moving into the impact area will be severely limited by economic realities.
Even if the application of this... ratio is eliminated, however, the result, that displacement impact is modest, is not threatened. It increases the annual housing demand element attributable to Copley Place to 235 to 250 units (13% to 17% of total additional demand), still a modest impact.
Stockard and Engler then assume every additional unit demanded by Copley Place workers will result in displacement, which is probably a high estimate since many units will be 8-82 available to Copley Place workers through normal turnover in the market.
What to read after [responses to the Copley Place Draft Environmental Impact Statement]?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The application of the 17.2% employment from surrounding neighborhoods and 50% City of Boston residents was based on an assumption that the hire-locally effort would be carried out by the developer and public agencies involved, and would not include outsiders who later move in. Furthermore, because of existing rent and sale levels in the impact area, the number of non-professional workers moving into the impact area will be severely limited by economic realities.
Even if the application of this... ratio is eliminated, however, the result, that displacement impact is modest, is not threatened. It increases the annual housing demand element attributable to Copley Place to 235 to 250 units (13% to 17% of total additional demand), still a modest impact.
Stockard and Engler then assume every additional unit demanded by Copley Place workers will result in displacement, which is probably a high estimate since many units will be 8-82 available to Copley Place workers through normal turnover in the market.
What to read after [responses to the Copley Place Draft Environmental Impact Statement]?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
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