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<br />. <br /> <br />. <br /> <br />. <br /> <br />SECTION 3 <br /> <br />SECTION 4 <br /> <br />SECTION 5 <br /> <br />RACKr.ROLJND <br /> <br />The Depot, also known as the Regional Transportation Center, is <br />located immediately to the east of this development area. The Depot is <br />a regional hub for rail and bus transit, as well as being close to Santa <br />Ana (1-5) Freeway. The Depot rail systems include Metrolink and <br />Amtrak, as well as freight. This is the main line from San Diego to Los <br />Angeles. The San Diego terminus ends 'at a San Diego trolley station. <br />The Los Angeles leg ends at Union Station, with connections to the <br />Metro Red Line (subway) and both city, intra-city and inter-city bus <br />connections. <br /> <br />The proposed Orange County Light Rail (Centerline) System borders <br />the project site on all sides, except Poinsettia Street. <br /> <br />LOCATION <br /> <br />The project site is located at the intersection of Santa Ana Boulevard <br />and Santiago Avenue, and occupies the northwest and southwest <br />corners. The project is directly adjacent to the Depot to the east. Refer <br />to Exhibit 2. <br /> <br />The total project area includes 195,148 square feet (4.48 acres), <br />comprised of two parcels. Parcel 1, 63,162 square feet (1.45 acres) is <br />located on the south side of Santa Ana Boulevard, between Santiago <br />and Poinsettia Streets. Parcel 2, 131,986 square feet (3.03 acres), is <br />the entire block bounded by Santiago Street to the east, Santa Ana <br />Boulevard on the south, Poinsettia Street to the west, and Civic Center <br />Drive to the north. <br /> <br />OR.IFCTIVES <br /> <br />Preliminary objectives for development of the Santiago Street Lofts <br />include: <br /> <br />a. Capitalize on the Depot Transit Station to allow an opportunity for a <br />transit-oriented development. ' <br />b. Promote a walkable community. <br />c. Create an enhanced access to downtown. <br />d. Create live/work opportunities close to mass transit. <br />e. Revitalize the local area. <br />f. Create moderately priced new housing. <br /> <br />Exhibit "A" <br />Page 2 of 7 <br /> <br />11 B-5 <br />