AgdaPkt 2013-11-18 Special - Laserfiche WebLink

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8.A. - Page 64 6. Enhanced economic develonment. By encouraging and facilitating high- quality, conteat-sensitive development, the Downtown Precise Plan will help support economic development. Future office, residential, and hotel construction will place new customers within easy reach of Downtown shops and restaurants, increasing their chances for success. Increased economic activity in Downtown, combined with the protections in the Downtown Precise Plan, will add value to historic resources, increasing the likelihood of adaptive re-use and reducing the odds of neglect. Increased property values and retail sales will also increase revenue for the City of Redwood City, improving its ability to provide public safety and services. 7. Reduced suburban sprawl. Development is often difficult in existing urban areas due to smaller sites, high land costs, increased likelihood of opposition, and stringent zoning, which often leads developers to seek out sites at the edge of the metropolitan area where there are fewer constraints. However, low density growth in rural areas (often called "suburban sprawl") increases congestion on regional highways, destroys farmland and wildlife habitats, and requires expensive new infrastructure. By allowing for a reasonable amount of regional growth in a very desirable and efficient infill location,the Downtown Precise Plan can have the benefit of reducing pressure for future suburban sprawl by a corresponding amount. 8. Preservation of sensitive neiehborhoods. By providing for higher-density residential growth downtown,the Downtown Precise Plan would relieve growth pressure on some of the City's more sensitive neighborhoods which are dominated by low-rise single family homes and are known or expected to contain many of the City's historic resources,thereby better maintaining the character of those neighborhoods and better protecting existing and future historic resources.