2005/06/15 Council Agenda Packet

Consultants' Final Report - Page 35 Decrease No Effect Increase Single-family 97.517o 2.5% 0.0% Multiple -family 95.017-o 5.067o 0.0170 Commercial 81.5% 15.1% 3.3% When adult businesses are located more than 200 feet but less than 500 feet of a residential or commercial property, the effect diminishes only slightly: The difference between 200 and 500 feet is insignificant. Otherwise, the strongest impact occurs for single-family residences with a smaller (though still extremely large and significant) impact on commercial property. The density of adult businesses is also considered to have a negative impact on property values. When two adult businesses are located within 1000 feet of each other and within 200 to 500 feet of a property, values are expected to diminish significantly: Decrease No Effect Increase Single-family 95.1% 4.9% 0.0% Multiple -family 92.517o 6.7% 0.8% Commercial 77.5% 20.0% 2.5% The difference between 200 and 500 feet is insignificant. Otherwise, the strongest impact occurs for single-family residences with a smaller (though still extremely large and significant) impact on commercial property. The density of adult businesses is also considered to have a negative impact on property values. When two adult businesses are located within 1000 feet of each other and within 200 to 500 feet of a property, values are expected to diminish significantly: Density impacts are judged to be slightly smaller than the impacts of location per EVER00381 Decrease No Effect Increase Single-family 89.3% 9.8% 0.8% Multiple -family 86.8% 12.3% 0.8% Commercial 71.9% 27.3% 0.8170 Density impacts are judged to be slightly smaller than the impacts of location per EVER00381