Envision Franklin

Appendix | ENVISION FRANKLIN 119 EXISTING CONDITIONS AND TRENDS APPENDIX A Existing conditions and trends were assessed in the first phase of writing this Plan. Information contained within this Appendix was gathered in 2015. Figures A.1 and A.2 show the 2015 estimated population and employment density, respectively. These figures represent the number of persons per acre for population and the number of jobs per acre for employment. In order to assess the demand for land to accommodate future development, both population and employment figures for the UGB were projected to the year 2040. These projections were done in coordination with Connect Franklin and are depicted on the following maps according to Traffic Analysis Zone, a geographic unit used for inventorying demographic and employment data within the study area. TAZs are defined by the Nashville Area MPO and are based on census block information. The facts and figures cited in this document are based on 2010 U.S. Census data that has been projected using historic and anticipated growth rates. The population and employment projections take into account existing development patterns, approved development agreements, and potential land use changes. Development agreements are planned or on-going projects that have received approval from the City of Franklin. The process used to project population and employment growth in the UGB is as follows: 1. Reviewed and mapped development agreements by census block for residential density (units per acre) and non-residential intensity (gross square feet of development). 2. Mapped potential future land use changes and proposed densities by census block based on discussions with City of Franklin planning and engineering staff. 3. Identified parcels currently classified as vacant and reviewed for existing structures and/or development feasibility. 4. Population projections: • Development agreements: Total number of units approved minus existing units (Source: 2013 Development Report). • Future land use changes: Acreage multiplied by gross density to calculate potential units, minus existing units on site, multiplied by 2.45 persons per household (2010 U.S. Census for City of Franklin). • Vacant Parcels: Number of vacant parcels, assuming one dwelling unit (DU) per parcel. 5. Employment projections: • Development agreements: Total approved square footage divided by square footage per worker (see assumptions in Figure A.5). • Future land use changes / Development based on zoning: Acreage multiplied by floor area ratio (FAR) (see assumptions Figures A.5 and A.6) to