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DESCRIPTION (COrltinued) Interstate 5, via either Mission, State, or Center Streets. CBD development includes a variety of uses typical of a downtown core area. Retail and office uses, as discussed above, dominate the area with residential uses concentrated~to the fringes of the neighborhood. Some residential development still exists in the core, however it is minimal. Industrial uses in the CBD have largely disappeared as such users have relocated to suburban areas. There is a small pocket of older industrial uses along the Willamette River near Union Street and a large Boise Cascade paper processing plant along Commercial Street north of Mission Street. Overall, the subject's neighborhood is characterized as the commercial core area of Salem. The trend in the area appears to be away from industrial and residential uses and toward more retail development and office development to support the private and public sector. The neighborhood is essentially 100% built-up with re-development opportunities available for those willing to purchase older, dilapidated improvements. If appears as though the neighbofiood is in the stability phase of the neighborhood Iife cycle. SITE 8c IMPROVEMENT DESCRIP'TION The subject site is rectangular in shape, level at street grade, and contains 19,872 square feet of gross area. However, a portion of this total includes open space and common area, leoving 12,790 square feet available for the subject's building pad. The site is located on Chemeketo Street NE between High Street to the west and Church Street to the east. All necessary utilities are available to the subject property. It has approximately 350 feet of frontage along Chemeketa Street NE and secondary frontage along High Street and Church Street. The site is zoned CBD (Central Business District) by the City of Salem. This district allows a wide variety of commercial and service related uses. A copy of the zoning ordinance can be found in the Addenda to this report. According to the Federal Emergency Management Agency (FEMA), National Flood Insurance Program (NFIP) Flood lnsurance Rate Map (FIRM), Community-Panel No. 410167 0004 E, dated December 19, 1995, the subject site is located in Zone X, an area outside the 100 and 500-year flood plain. A title report was not available for review, however no adverse easements or encroachments were evident. If questions arise regarding easements, encroachments or other encumbrances, further research is advised. According the State of Oregon Department of Geofogy and Mineral Industries, the Earthquake Hazard Maps for Oregon (1996) identifies the City of Salem as lying within zones 24 and 26. Peak ground acceleration would result in "slight to moderate damage in ordinary structures, considerate damage in poorly built structures". There is a 5% chance of such an earthquake occurrence in any 50-year period. P99239 PALMER, GROTH 8~ PIETKA, INC. 12