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apply the overlay zone, to ensure the project is in conformity with the <br />overlay zone plan. <br />F. The zoning designation for the subject property is Metro East Mixed Use <br />(MEMU) Overlay Zone (OZ -1) in the Active Urban land use district. <br />G. The Planning Commission determines that the following findings, which <br />must be established in order to grant this Site Plan Review pursuant to <br />SAMC Section 41-595.5, have been established for Site Plan Review No. <br />2017-09 to allow construction of the proposed project. <br />1. That the proposed development plan is consistent with and will <br />further the objectives outlined in Section 1.2 for the MEMU overlay <br />district. <br />The proposed development project will be compatible with <br />Section 1.2 (Objectives) of the Metro East Overlay zone. The <br />proposed project will contain 552 residential units (including <br />one manager's unit) with a substantial (up to 10,000 square <br />feet) commercial component. In addition, the project has <br />been designed to feature a public plaza at its frontage on <br />First Street, designed for temporary activities or kiosks. <br />Constructing 552 units in the project area will add to the <br />residential population in the area, stimulating demand for <br />community -serving commercial uses such as restaurants, <br />retail stores, dry cleaning services, and other similar uses. <br />Finally, the project meets several General Plan goals and <br />policies, including the Land Use Element's Goal 2 (to <br />encourage diversity of quality housing, affordability levels, <br />and living experiences), Goal 4 (to provide adequate rental <br />and ownership housing and supportive services), and the <br />Housing Element's policies HE -2.3 and 2.4 (to encourage <br />construction of rental housing, facilitate diverse types of <br />housing, prices, and sizing). <br />2. That the proposed development plan is consistent with the <br />development standards specified in Section 4 of the MEMU overlay <br />district. <br />Although the project complies with the majority of <br />development standards enumerated in the MEMU regulating <br />plan, it does not meet the requirements for publicly - <br />accessible open space, building setbacks, off-street parking, <br />and driveway widths. These standards require approval of <br />incentives/concessions and/or waivers through the Density <br />Bonus Agreement application. <br />Resolution No. 2018-20 <br />Page 2 of 11 <br />