Answer the three following questions regarding Gap analysis. Explain how the Integrated Development Model thats attached analysis
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Question:
Answer the three following questions regarding Gap analysis.
- Explain how the Integrated Development Model thats attached analysis process works?
- Explain how the model can be used to compare alternative uses?
- Explain how the Integrated Development Model can be used in conjunction with the determination of Most Fitting Use?
Transcribed Image Text:
Inputs for Vacant/New Development Step 2: Common Inputs Optional Step 3: Existing Building Inputs Existing Building, Parking & Landscaping Existing Parking Site Square Footage Vacant Land Value/SF Lot Coverage Ratio FAR Optional Step 4: Existing Parking Inputs Property Tax Mill Rate Height Restriction: Zoning/Marke Existing Building and EBP DEMO Gross Site (including existing park Number of Surface Stalls Number of Deck Stalls Number of Parking Floors Gross Building SF Building Footprint Parking Footprint Average SF/Stall Actual Open Space Required Open Space Excess Open Space Total Site Building Efficiency Max Commercial Net Rentable SP If Mixed Use Conversion First Use Share Second Use Share Gross Site (including existing park Number of Deck Stalls Parking Floors Parking Footprint Implicit SF/St Net Allocable Site Lot Coverage Open Space Required 51,754 90% Zoning Code 0.22 Zoning Code 8 Tax Authority 2 Zoning/Market if UR 51,754 30 0 1 11,250 11,250 16,814 23,690 5,175 18,515 51,754 30% 70% 51,754 30 1 85% If Mixed Use, % to Uses 10,010 16,814 560 34,940 90% 3,494 Acquisition Cost Implicit Land Cost SF/Stall Acquisition Cost Land Comps/SF Implicit Land Cost Implicit Parking Cost Implicit Improvement Cost Total Cost/Bldg SF Cost/BlgSF after land 560 Implicit Parking Cost/SF 280 Acquisition Cost Land Comps/SF 8400 Implicit Land Cost Implicit Parking Cost Cost/Stall $1,995,000 $38.5 EM $1,995,000 $30.00 $1,552,620 $134,512 $307,868 $177 $27 $8.00 $1,995,000 $40.00 2,070,160 (75,160) (2,505) (75,160) Inputs for Vacant/New Development Step 2: Common Inputs Optional Step 3: Existing Building Inputs Existing Building, Parking & Landscaping Existing Parking Site Square Footage Vacant Land Value/SF Lot Coverage Ratio FAR Optional Step 4: Existing Parking Inputs Property Tax Mill Rate Height Restriction: Zoning/Marke Existing Building and EBP DEMO Gross Site (including existing park Number of Surface Stalls Number of Deck Stalls Number of Parking Floors Gross Building SF Building Footprint Parking Footprint Average SF/Stall Actual Open Space Required Open Space Excess Open Space Total Site Building Efficiency Max Commercial Net Rentable SP If Mixed Use Conversion First Use Share Second Use Share Gross Site (including existing park Number of Deck Stalls Parking Floors Parking Footprint Implicit SF/St Net Allocable Site Lot Coverage Open Space Required 51,754 90% Zoning Code 0.22 Zoning Code 8 Tax Authority 2 Zoning/Market if UR 51,754 30 0 1 11,250 11,250 16,814 23,690 5,175 18,515 51,754 30% 70% 51,754 30 1 85% If Mixed Use, % to Uses 10,010 16,814 560 34,940 90% 3,494 Acquisition Cost Implicit Land Cost SF/Stall Acquisition Cost Land Comps/SF Implicit Land Cost Implicit Parking Cost Implicit Improvement Cost Total Cost/Bldg SF Cost/BlgSF after land 560 Implicit Parking Cost/SF 280 Acquisition Cost Land Comps/SF 8400 Implicit Land Cost Implicit Parking Cost Cost/Stall $1,995,000 $38.5 EM $1,995,000 $30.00 $1,552,620 $134,512 $307,868 $177 $27 $8.00 $1,995,000 $40.00 2,070,160 (75,160) (2,505) (75,160)
Expert Answer:
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Answer 1 Explanation of the Integrated Development Models analysis process The Integrated Development Model IDM is a comprehensive approach to analyzi... View the full answer
Related Book For
Measurement Theory In Action
ISBN: 9780367192181
3rd Edition
Authors: Kenneth S Shultz, David Whitney, Michael J Zickar
Posted Date:
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