60A - SENIOR RENTAL DENSITY BONUS

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EXHIBIT 2 SPR No. 2017-08/DBA No. 2017-01 September 11, 2017 Page 4 Standard Required by the MEMU Provided Publicly Accessible Open Space 15 percent of total lot area 3.6 percent - Requires _ environment for residents, Incentive/Waiver PrivatefCommon Open Space 100 square feet per unit 112 square feel per unit Building Setbacks 0-20 feel (front), 0-10 feet (side), 100 20 (front), 28-41 (side), 33 (rear) - street activation, stimulate feel rear Requires Incentive/Waiver _ Parking 2 spaces per unit overall -,every unit 0.51 spaces per unit (permitted by must be allocaled at least 1 space AB 744 Courtyard height -to -width ratios 2 to 1 (enclosed on four sides), 3 to 1 Complies; various ratios in excess of _(9 -pen on one or more sides) 2 to 1 and 3 to 1 grovided Driveway width 24 feet maximum 25-28 feet - Requires fncentive4aiver Building Massing A variety of massing, volume, and Complies; the building features a step -backs are required to increase step -back along First Street and building articulation breaks in volume to reduce massin As noted in Table 2, the project conforms to the MEMU regulating plan's requirements for height/stories, minimum site area, courtyard design, and building massing but requires approval of incentivestwaivers through the Density Bonus Agreement application to allow deviation's from the required public open space areas, building setback requirements, and driveway widths. Table 3: Analysis of the Issues breaks down the project by issue or topic. Table 3: Analysis of the Issues consistency with and will the proposed project furthering the contribute to creating a objectives of the mixed-use, walkable MEMU overlay environment for residents, district daytime employees, and Visitors, and does it provide high-quality architecture and street activation, stimulate private investment, and implement the General Plan? The proposed project will contain 419 residential units (including one manager's unit) without a commercial component. However, It has been designed to feature a large public plaza at Its frontage on First Street, an alcove for temporary activities or kiosks, and a large public art piece. Constructing 419 units in the project area will add to the residential population in the area, stimulating demand for community -serving commercial uses such as restaurants, retail stores, dry cleaning services, and other similar uses. Finally, the project meets several General Plan goals and policies, including the Land Use Element's Goal 2 (to encourage diversity of quality housing, affordability levels, and living experiences), Goal 4 (to provide adequate rental and ownership housing and supportive services), and the Housing Element's policies HE -2.3 and 2.4 (lo encourage construction of rental housing, facilitate .diverse types of EXHIBIT 2 60X444