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Related Bristol Specific Plan Entitlements & Development Agreement (3600 S. Bristol St.) <br />and Staff Resolution Modifying Parking Districts in the Surrounding Area <br />October 1, 2024 <br />Page 6 <br />The Second refinement is for the purpose of advancing the development of the open <br />space on the Project Site. The Applicant is proposing to refine the Agreement to clarify <br />and provide the applicant the ability for early development of the open space proposed <br />in Phase III as part of an earlier Phase (i.e. Phase II) without triggering the payment of <br />the final $8 million community benefit payment. The refinement is a positive investment <br />and further commits the applicant to completing the project. <br />Both refinements do not modify the substance of the Agreement as recommended by <br />the Planning Commission and have been included in the draft Development Agreement <br />attached as Exhibit 8. Furthermore, the refinements endeavor advancing the project <br />and community benefits and are agreeable to Staff. <br />DISCUSSION <br />Table 1: Project and Location Information <br />Item <br />Information <br />Project Address and <br />3600 S. Bristol Street — Ward 4 <br />Council Ward <br />Nearest Intersections <br />41-acre site bounded by Bristol Street to the east, Sunflower Avenue to the <br />south, Plaza Drive to the west, and MacArthur Boulevard to the north <br />General Plan <br />Existing: District Center High (DC-5) <br />Designation <br />Proposed: District Center High DC-5 no change) <br />Zoning Designations <br />Existing: General Commercial (C2) in the general northern portion of the <br />site and Commercial Residential (CR) in the general southern portion of <br />the site <br />Proposed: Related Bristol Specific Plan SP No. 5 <br />Surrounding Land Uses <br />North <br />Commercial <br />East <br />Commercial <br />South <br />South Coast Plaza Regional Commercial Center (City of <br />Costa Mesa) <br />West <br />Commercial and Multiple -Family Residences <br />Property Size <br />41.13 acres <br />Existing Site <br />The site is currently developed with various commercial uses, including <br />Development <br />big -box retail, neighborhood retail, eating establishments, service and <br />health club uses, professional offices, and surface parking lots. <br />Use Permissions <br />Mixed -use urban villages permissible by the DC-5 General Plan land use <br />desi nation <br />Uses <br />Division 25 (Specific Plan) of Article II of Chapter 41 <br />Zoning Code Sections <br />(Zoning) of the Santa Ana Municipal Code <br />Affected <br />Development <br />Appendix A, Table LU-A-1 (Interim Development <br />Standards <br />Standards) of the General Plan Land Use Element <br />Project Description <br />The Specific Plan proposes development of a new, mixed -use urban village consisting <br />of residential, commercial, hospitality, senior care, and open space uses on the 41-acre <br />site. The site is designed as a 21 village block layout in a grid pattern, each with mixed- <br />