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4. Downtown Santa Ana does NOT have a Sports venues, like the Honda Center and Angels Stadium, with Anaheim's proposed Anaheim Live mixed use developments, to make a 37 story Santa Ana mixed use tower successful. You can not compare the LA Live developments and the Anaheim Live developments to downtown Santa Ana. There simply is not enough in common for an intelligent, informed comparison. 5. For the last 15 years, this project has failed to achieve 50% Pre -Leased to Private or Public companies, which was Required by the orignial Developer's Agreement. It is very likely that today, the project still does NOT met the 50% office pre -leased requirement for actual, above ground, construction to begin. This Is because there is simply NOT adequate demand for companies to move to downtown Santa Ana. The reasons for low office space demand are many, including economic, residential, public infrastructure and socio-demographic reasons. We can Not put our "heads in the sand" ignoring this long term fact, and simply allow an unproven 37 story high rise concept to be built and HOPE it works... You have a fiduciary duty to Not gamble with the City's financial resources and with the city's general plan and zoning guidelines. 6. This long term Absence of Commercial Interest in Santa Ana should not be ignored for this project, and it should Not be "covered up" by simply allowing it to provide a large number of high density apartments. Orange County is about to enter into a Covid-19 caused recession, one that could be very substantial. This is the absolute wrong time to allow for a 37 story building to be approved in the heart of the city. 7. The commercial office building spaces in this proposed project will very likely fail to attract quality long term tenants, and as a result, a future request to convert almost the entire 37 stories to apartments will likely be made. Having almost 37 stories of high density apartments is not in the best interest of the City and its residents. With the Covid-19 outbreak, having high density residential, like in New York, has proven to be a very dangerous and deadly development type for cities. Lenders will always be available to lend for projects in Santa Ana, and there is not a "small window" of time to get this or other projects like it approved. Lending will be around for many, many years, for sound projects, so rushing planning commission decisions based by some stated deadline is completely inappropriate. t 3