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.'. `c <br />The market for apartments generally is limited because of <br />the Corridor's relatively high percent of such units (28.0). <br />3. Total vacant land in the Village (630 acres) minus Study <br />Area's vacant land (217 acres) times 0.90, minus 15$ for <br />rights-of-way, or 345 acres; plus Study Area's recommended <br />new residential development (~97 acres); plus existing <br />residential land (520 acres) minus 20 acres for <br />nonresidential redevelopment, or 500 acres. Thus, the <br />ultimate acres (1,035) will represent 41.18 of Mayfield's <br />entire 2,520 acres. <br />4. Except for Don Ray Products (6.0 acres) and Progressive and <br />Mayfield Racquet Club in Area S1 (14.0 acres), all 158.0 <br />acres of industrial zoning in Areas N1, N2 and S2 should be <br />eliminated. The estimated reduced traffic impact would be <br />138 acres times 0.15 land coverage, or 900,000 square feet <br />of floor area, times 7.0 trips per 1,000 square feet; or an <br />ADT of 6,300 vehicles. <br />5. The market for further office development is related to <br />trends in the East Suburban Market recorded by the Victor S. <br />Voinovich Company: 1987-91 Annual Office Market Surveys. <br />Essentially, the annual market throughout Cuyahoga County's <br />eastern suburbs is for about 250,000 square feet of new <br />office floor area. Mayfield's capture rate might approach <br />10~, or 25,000 new square feet per year. <br />6. See Chapter III, Note 3. <br />7. A summary of the study follows. <br />MARKET AREA <br />STRONGSVILLE MAYFIELD(a) <br />1990 Population(a) 35,250 45,450 <br />Golf Courses(b) <br />Public 20 17 <br />Private 3 11 <br />Totals 23 28 <br />Golf Courses Per <br />1,000 Population <br />Public 0.57 0.37 <br />Private 0.09 0.24 <br />Totals 0.66 0.61 <br />(a) 1990 U.S. Census of Population; Mayfield Market Area <br />includes Mayfield Village, Highland Heights, Lyndhurst <br />and Mayfield Heights. <br />(b) Courses within 20-minute driving time from the center <br />of each market area. <br />N-3 <br />