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HomeMy WebLinkAboutItem 2A - PresentationDevelopment Agreement for Block B Mixed-use BuildingAgenda Item #2A Case #DA-2023-0008 March 14, 2024 PLANNING SERVICES DEPARTMENT 2A - 1 Background: •Major Architectural Application to construct a73,300-sq. ft. mixed-use building with 45residential units with ground floor commercial •Tentative Tract Map for condominium map •1/14/21 City Council conditionally approved •5/3/21 AAC approved ground floor activation plan PLANNING SERVICES DEPARTMENT 2A - 2 Site Perspective 2A - 3 Site Perspective 2A - 4 Activation Plan 2A - 5 Development Agreement Request •Applicant involved in legal dispute with Dept. of Industrial Relations, delaying ability to determine projects costs and exercise approvals •Proposes to extend entitlements through July 2030 (roughly five additional years more than code would allow) •Efforts to exercise entitlements nearly complete PLANNING SERVICES DEPARTMENT 2A - 6 Development Agreement Content •Recitals •Agreement Articles (1-13) •3.01 Effective Date •3.02 Term •4.03 Public Benefits by Developer •7.10 Annual Review PLANNING SERVICES DEPARTMENT 2A - 7 2/28 Planning Commission Review •Voted unanimously to recommend approval •Recommended revisions to Agreement: •Sec. 4.03 Public Benefit •Sec. 7.09 Timing of Construction & Completion PLANNING SERVICES DEPARTMENT 2A - 8 Recommendation: •Accept Planning Commission’s recommendation: •Development Agreement is consistent with criteria in PSZC Sec. 94.08.00 •No further environmental review is required (per Sec. 15162) •Introduce ordinance for first reading approving Agreement PLANNING SERVICES DEPARTMENT 2A - 9 Development Agreement for Block B Mixed-use BuildingAgenda Item #2A Case #DA-2023-0008 March 14, 2024 PLANNING SERVICES DEPARTMENT 2A - 10