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Producing a buffer of specified area

Question asked by dbh10 on Jul 27, 2013
Latest reply on Jul 27, 2013 by dbh10

I am a new-ish ArcGIS user and this is my first post to the forums.  Almost certainly, I am posting in the wrong place, but here goes.

I want to create a buffer around points in a point shapefile, but rather than specify the buffer distance, I want to specify the area around the points and have the distance determined from that area (A = pi r**2, solve for r and use that as the traditional buffer distance).  So, for example, if I had a point and specified that I want a buffer area of 1 hectare (10,000 sq mtrs), it would give me a buffer around that point of 56.4 meters.

Is there an existing tool in ArcGIS that will accomplish this?

Thanks in advance.