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Vce <br /> The detailed procedure for creating the initial desirability surface, used to create the Trend Scenario, <br /> follows: <br /> 1. Spatial and non-spatial factors affecting location desirability were hypothesized. These factors, <br /> such as proximity to infrastructure or coastline, likely affected development desirability in the <br /> past and could be quantified for all parcels on the island given available information. While a <br /> complete list of factors tested is included at the end of this report, all hypothesized factors <br /> could fit into the following categories: <br /> • Distance to infrastructure, geographical features,town and commercial centers <br /> • Parcel shape/size <br /> • Terrain/climate characteristics <br /> • Neighbor(io ft)and neighborhood (i000 ft) context:the number of nearby parcels and <br /> development proximity(the number of nearby parcels that are built) <br /> • Current land use and build status <br /> • Geographic location (District, FAZ, etc.) <br /> • Property and building valuation. <br /> Using CommunityViz,these factors were calculated for each parcel on the island and exported <br /> to a table for use in SPSS statistical analysis software. <br /> 2. Statistical regression analysis in SPSS was used to calculate how well each factor correlates <br /> with new development in a given time frame. Three timeframes were initially considered: <br /> • All development since the beginning of RPT(County of Hawaii Real Property Tax <br /> Office) recordkeeping (188os) <br /> • All development since 1995 <br /> • All development between 1975 and 1995. <br /> However, because the goal of this statistical regression was to capture the principal factors <br /> influencing urban growth in the recent past, a cutoff date of 1995 was established. This year <br /> was selected to encompass a full cycle of real estate development and to capture the"highs <br /> and lows"in development activity. Development during this period followed this approximate <br /> pattern: <br /> • Trough: 1996 <br /> • Peak: 2005-2006 <br /> • Trough: 2009-2011 <br /> • Recent uptick: 2015. <br /> The SMS CoH 2016 General Plan Final Report(Figure 1, Resident Population) illustrates this <br /> pattern. <br /> The statistical analysis models the relationship between dependent variables—Commercial <br /> Square Feet(COM_SQFT)and Number of Residential Buildings(NumberOf Residences)—and <br /> the hypothesized list of independent variables(see Appendix 1,Table 12. Factors Tested for <br /> Historical Growth Trends). As a result, a step-wise Multiple Linear Regression model was <br /> chosen to create coefficients associated with each of the variables in order to represent the <br /> independent contributions of each independent variable to the prediction of the dependent <br /> variable after controlling for all other independent variables. <br /> Trend Scenario and Land Use Allocation Technical Report 7 <br />