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EIR No. 2018-01, DA No. 2018-01, GPA No. 2018-06, <br />AA No. 2018-10 2525 North Main Street <br />February 5, 2019 <br />Page 18 <br />Notes: <br />Parking Ratio Total = Total Parking Spaces / Units <br />Residential Ratio = Residential Parking Spaces / Units <br />Percent Tandem Stalls = Number of Tandem Stalls / Units <br />The multi -family parking standards were last updated in 1997. Over the last 10 years, multi -family <br />projects similar in character to the proposed project have been constructed and/or approved with <br />parking ratios ranging from 1.6 to 2.20 parking space per unit. Therefore, staff is recommending <br />that the parking capacity of the project be increased to 2.0 parking spaces per unit (with stafl <br />recommended changes to maximum density 476 units would equate to required capacity for a <br />minimum of 952 spaces). These recommendations are supported by the applicant and included in <br />the Development Agreement. <br />Regional Housing Needs Allocation <br />Santa Ana's Regional Housing Needs Allocation (RHNA) is 405 units for the planning period of 2014 <br />through 2021. RHNA progress is reported annually to the state and is tracked by the number of <br />building permits issued at the time that the report is completed. From 2014 to 2017, building permits <br />were issued for 916 dwelling units, approximately 59 percent of the overall target; 87 very low, 70 <br />low and 10 moderate units remain to fulfill the City's Regional Housing Need Allocation. Residential <br />development has continued, and the 2018 report will be completed in March of 2019. <br />Table 11: Regional Housing Needs Allocation Progress 2014-2017 <br />Income <br />RHNA <br />New <br />New <br />New <br />New <br />Total <br />Total Remaining <br />Allocation <br />Housing Units <br />Housing Units <br />Housing <br />Housing <br />Housing <br />RHNA by <br />2014 <br />2015 <br />Units <br />Units <br />units by <br />Income Levels <br />2016 <br />2017 <br />Income <br />Very Low <br />156 <br />20 <br />0 <br />0 <br />49 <br />69 <br />87 <br />Low <br />122 <br />20 <br />0 <br />12 <br />20 <br />52 <br />70 <br />Moderate <br />37 <br />0 <br />11 <br />5 <br />11 <br />27 <br />10 <br />Above <br />Moderate <br />90 <br />241 <br />127 <br />285 <br />115 <br />768 <br />1 0 <br />Total: <br />405 <br />281 <br />138 <br />302 <br />195 <br />916 <br />1 167 <br />Apartment Product Type <br />The applicant is proposing a high density multi -family housing project with no condominium map <br />proposed at this time. Should an application to convert the project to condominiums be filed, the <br />application would be processed in accordance with Santa Ana Municipal Code Chapter 34, Article <br />IX, Common Interested Developments and Conversions Projects, Division 2, Residential <br />Conversion Projects. Given that the proposed project is a market rate development, rents are <br />expected to range from $2,000 to $3,700, consistent with similar development in the City such as <br />The Marke, The Nineteen01 and Prisma. The community has expressed preference for the <br />property to remain as a professional office building; however, if residential development were to <br />occur the community would prefer detached single-family dwellings or townhomes. <br />75E-18 <br />