Local and Regional Land Use Planning
EPS provides a range of services related to land use planning that are frequently applied during the preparation of General and Comprehensive Plans or multi-jurisdictional efforts (e.g., Sustainable Community Strategies in California). In this context we evaluate both the socioeconomic context and real estate factors affecting land use potential, as well as recommend strategies to incentivize development and fund infrastructure. EPS also evaluates the effect of growth on municipal services and amenities, and the opportunities and constraints presented by regional economic fundamentals. We frequently work with urban planning professionals on technical analyses and policy engagements to inform public planning efforts, create implementation programs, and prepare necessary documentation.
Subarea Plans and Programming Services
EPS helps clients to strategically program land use mix and real estate formats, quantities, and phasing of development within a project site or land use plan, assuring alignment with current and evolving real estate market conditions. EPS commonly works with multi-disciplinary team members, including urban designers and civil engineers, either as part of a formal planning process (e.g., Specific Plan Precise Plan, Master Plan) or as part of conceptual, pre-entitlement, and/or due diligence efforts.
Population and Employment Forecasts
EPS brings deep experience in demographic and economic data sources, analysis, and forecasting. We process and maintain data in-house, stay current with federal and state data releases, and employ advanced demographic and economic forecast modeling for our clients. EPS commonly brings these data and analyses to bear in our local and regional planning work.
Transit Oriented Development (TOD)
EPS understands that real estate development proximate to transit comes with a unique set of opportunities and challenges. The firm commonly works with planning and other professionals to evaluate real estate market potential, financial feasibility, and development strategies for transit oriented development.
Local and Regional Travel Demand Modeling
EPS prepares socioeconomic data in support of transportation modeling efforts and the development of transportation capital improvement plans (e.g., Regional Transportation Plans). Underlying all transportation modeling efforts is a set of spatial data and assumptions regarding present and future land uses. The socioeconomic and land use data, and the related analysis and forecasting efforts, typically include evaluations of major regional industries and economic trends, projections of population and employment, small area allocations of regional population and employment projections, and analyses of the relationships between jobs and housing.
Incentive Zoning and Community Benefits Programs
EPS has been a leader in the development of community benefits programs that seek appropriate contributions from new development to support public improvements and services. In strong real estate markets, innovative approaches to “value capture” increasingly appeal to local communities, particularly when traditional sources of public revenue are limited. For example, EPS commonly works with cities to evaluate the potential for incentive zoning (also known as density bonus programs), an approach to funding community benefits in which the public sector increases development allowances in return for contributions that bolster the well-being of the host community.