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! i iR <br />PLANNING COMMISSION MEETING DATE: <br />SEPTEMBER 11, 2017 <br />TITLE: <br />PUBLIC HEARING -- SITE PLAN REVIEW! NO. 2017-08 <br />AND DENSITY BONUS AGREEMENT NO, 2017.01 <br />TO ALLOW CONSTRUCTION OF AN AFFORDABLE <br />RENTAL SENIOR RESIDENTIAL COMMUNITY WITHIN <br />THE METRO EAST MIXED USE OVERLAY DISTRICT <br />AT 2222 <br />EAST FIRST STREET {STRATEGIC PLAN <br />NOS. 3, 2; 5, 3) <br />Prepared t3y Ali Pezeshkpour <br />Acting Execuln L)Ir Io <br />PLANNING COMMISSION SECRETARY <br />APPROVED <br />11 <br />,As Recommended <br />As Amended <br />L I <br />Set Publin Hearing Fu <br />DENIED <br />El <br />Applicant's RoquoM <br />n <br />Staff Reco m ondabon <br />CONTINUED TO <br />Acting f'Iarzn�T��atyer � - ----.. <br />1. Adopt a resolution approving Site Plan Review No. 2017-08 as conditioned. <br />2. Adopt a resolution approving Density Bonus Agreement No. 2017-01 as conditioned. <br />Executive Summary <br />Charles Addington with Architects Orange, representing Affordable mousing Land Consultants, Inc. <br />("AMG & Associates"), is requesting approval of a site plan review (SPR) and a density bonus <br />agreement (DBA) to allow the construction of an affordable 419 -unit rental senior residential <br />community. As proposed, the project requires approval of several waivers from the Metro East Mixed <br />Use (MEMU) overlay district's development standards and/or development concessions through the <br />density bonus agreement. Staff is recommending approval of the applicant's request clue to the <br />project's satisfaction of meeting the intent of the MEMU overlay district to promote a pedestrian - <br />oriented environment with a mix of land uses and because the project will provide additional affordable <br />rental housing stock to an underserved segment of the region's papulation. <br />Table 1: Prosect and Location Information <br />Itel" I Intormatian I <br />Gerling <br />Arterial Ccrn�merclal (C -5j with the Metria East Mixed U96 -0—V <br />LOG -1 j. Active Urban district <br />60A-25 EXHIBIT 2 <br />