Project Economics & Stewardship – Meeting Notes March 2nd 2022
Focus Team: Project Economics & Stewardship #3: Economic Feasibility Tradeoffs
Date and Location: Wednesday, March 2, 2022 – Community Center East Room
Estimated Attendance: 20-22/ planning to live at BR: 4
Guiding Questions:
- How should we think about key trade-offs and what should we prioritize (income levels, densities, subsidies) for Brown Ranch?
- What product type density and % of AMI are we comfortable with the community having on average?
- How can we merge the urban design vision and demand group vision with economics to come up with a project that is feasible?
- What infrastructure strategies could positively affect the project’s economic feasibility, and long-term affordability for residents?
Key Technical Information Shared:
Technical consultant Dana Schoewe presented on economic feasibility trade-offs including: Infrastructure cost, vertical cost, product types and subsidy required. See attached slides.