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DRAFT <br />Table 4. Economic Impact Assessment and Community Benefits <br />Tech Office (1.0 FAR), 1.2M SF Bio Tech (0.7 FAR), 825,000 SF <br />Community Benefits per Jay Paul <br />commitment <br />Jumpstart of Woodside/101 <br />$10M <br />interchange <br />Inner Harbor Public Park <br />$5.1M <br />East/West Public Shuttle <br />$2.25M <br />Total <br />$19.6M <br />Financial Revenue & Economic Impacts <br />To City General and Capital Outlay <br />Funds <br />To Redwood City Elementary Schools <br />To Sequoia Union High School District <br />During Construction: Prevailing Wage <br />Jobs <br />Direct Employment <br />Annual Wage <br />In Annual Local Spending as one <br />measure of Indirect Economic Output <br />Source: KMA/Sandis <br />High <br />High <br />High <br />High <br />High as total gross development area is <br />higher in this option. Also, tech office <br />space will require less GSF per employee <br />High given likely tech tenant <br />High <br />\\SF-FS2\wp\18\18610\010\Financial Feasibility -Harbor View 1.16.18.docx <br />High <br />High <br />High <br />High <br />High but maybe lower than Tech Office, as total gross <br />development area is lower in this option. Also, bio -tech <br />office space will require more GSF per employee <br />High but maybe lower than Tech Office; as per Bureau of <br />Labor Statistics, mean annual wage for 'Life, Physical, and <br />Social Sciences Occupations' is lower than that of <br />'Computer and Mathematical Occupations'— likely tech <br />tenants — for San Francisco -Redwood City region <br />High but maybe lower than Tech Office; as total <br />employment will be lower in this option, but premature to <br />estimate given occupants unknown <br />aD <br />n <br />v <br />c.Q <br />CD <br />N <br />Cn <br />