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TPM No. 2018-02 — Subdivide Parcel at 2110, 2114, & 2020 E. First Street August 20, 2019 Page 2 The subject site is located in the General Commercial (C-2) zoning district and has a General Plan land use designation of District Center (DC). The site is located in the Metro East Mixed Use (MEMU) Overlay Zone (OZ-1). The entitled development is consistent with both the zoning and General Plan land use designations. Land uses surrounding the site include a midrise office building to the west, a private school to the south located in Tustin, a vacant automotive (commercial) leasing site to the east, and commercial uses and a permanent supportive housing site to the north. Table 1: Project and Location Information Item Information Project Address 2110, 2114, and 2020 East First Street Nearest Intersection First Street and Golden Circle Drive General Plan Designation District Center (DC) Zoning Designation General Commercial (C-2) with the Metro East Mixed Use (MEMU) Overlay Zone desi nation Surrounding Land Uses North Commercial and Residential East Vacant South School West Office Uses Property Size 6.89 Acres Existing Site Development The site is currently vacant Use Permissions Uses Metro East Mixed Use (MEMU) Overlay Zone Development Standards Metro East Mixed Use (MEMU) Overlay Zone Project Description The project is located on a 6.89-acre parcel of land located on the south side of East First Street between Golden Circle Drive and Tustin Avenue. The property is rectangular in shape and flat. The site is currently vacant but has an approved entitlement to allow a 552-unit affordable mixed - use commercial and residential development on the site. AMG and Associates submitted plans for a mixed -use, affordable development at the subject site in August 2016. Through the Development Project Review process, the project was refined in scope to include a two -building development consisting of 552 affordable residential units and 10,000 square feet of leasable commercial space, landscaping, a leasing office, parking, and additional onsite amenities. Shortly after the development was approved by the Planning Commission in June 2018, the applicant expressed their intent to submit a subdivision map to create two parcels on the development site. The subdivision is intended to facilitate the financing of the housing project's types, one family housing and the other for seniors. The required Density Bonus Agreement for the project is subject to separate City Council approval. Staff worked with the applicant to ensure the subdivision type proposed conformed to City standards, and the applicant submitted the subject �. 1