~ ` ' <br /> Who. Buys the Properties? Tenant Compensation <br /> .City or developer may buy .What do tenants value and, therefore, want <br /> .Developer ultimately owns property to have replaced? <br /> .May vary from property to property • ECO survey of tenants August 2007 <br /> .Depends on timing ¦ What compensation and assistance could be <br /> offered tenants <br /> .In accordance with the Uniform Relocation <br /> Act, triggered by federal funds or Urban <br /> Renewal fund <br /> West Broadway Advisory Committee ECONorthwest August 2007 7 West Broadway Advisory Committee ECONorthwest August 2007 8 <br /> Survey of Tenants <br /> . 25 Tenants <br /> Compensation for Tenant / .Contacted via telephone and email <br /> Business Relocation . is responses <br /> • 72% response rate <br /> 'Survey Results <br /> West Broadway Advisory Committee ECONOnhwest August 2007 10 <br /> Types of Tenants What's Important to Tenants' Success <br /> Nonprofit 39% Sited In DT Eugene <br /> Retail merchandise 33% sited on w. Broadway <br /> Current rent xrsa <br /> Bar/Restaurant 28% <br /> Existing space conflguratton <br /> Office 28 %O ~ Proximity to specific entitles _ - <br /> Art Gallery 17%O ~ Ample parking <br /> Access to transit 's <br /> Music/Entertainment 17% <br /> 0% 20% 40°/a 60 % 80% 100% <br /> Multiple responses were allowed .very Important Important <br /> ? Neither Important nor Unimportant ®Unimportant <br /> .Very Unimportant <br /> <br /> West Broadway Advisory Committee ECONonhwest August 2007 11 West Broadway Advisory Committee ECONorthwest Augus[2007 12 <br /> 2 <br /> <br />