1978-12 CRA - Laserfiche WebLink

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1 I 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 ,23 24 25 28 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 844 45 46 47 48 49 50 51 52 63 54 55 58 57 58 59 60 61 62 63 64 865 66 87 68 69 70 71 72 73 74 75 'I Proof 01 Fobrua" 16, 1978 SANTA ANA-7923 Bowne of San Francisco, Inc" 981-7882 GALLEY 28- The heights of buildings, architectural controls, and other developments and design controls neces- sary for proper development within the Project area are established by the Plan and the City Zoning Ordinance, Project Development and Status Since adoption of the Plan in 1973, a number of major improvements have already taken place in the Project area, The Project's assessed valuation has increased $13,239,616 over the base year valuations due to increased assessment of existing property and from new development completed by private devel- opers since the adoption of the Plan and the amend- ment thereto, The base year valuation for the original Project area is 1972/73; the base year valuation for the amended area is 1974/75, The combined valua- tions for the entire Project as amended first appeared on the Orange County Assessor's rolls in 1976/77. The following paragraphs summarize the principal developments that have occurred within the Project since adoption of the Plan, The Pacific Telephone Company in 1977 com- pleted remodeling and construction of additions to its central office exchange facility at Fifth and Bush Streets in the downtown area, These improve- ments have an estimated market value in excess of $7,000,000" Santa Ana Towers, 200 units of housing for senior citizens supported by a newly constructed sen- ior citizen center, was completed in 1977, The de- veloper, National Housing Consultants, Inc" received a Section 23 commitment from the U, S" Department of Housing and Urban Development (HUD), It has a building permit value in excess of $3,000,000, This development, along with Rosswood Villa, an- other 200 units of senior citizen housing cur- rently under construction, will provide an estimated $1,572,252 in Project incremental assessed valua- tion by 1979/80, A nine-story, $24 million, privately owned Federal building was completed in 1975 as part of the overall Civic Center complex" It is leased by the owners of the Federal Government and appears on the Project unsecured property tax roll as a leasehold interest. A branch of Home Federal Savings of San Diego is nearing completion at Seventeenth and Main Streets. Building permit valuation is $400,000. Ad- jacent to this development is a recently completed Norm's restaurant. Santa Ana Townhouses, a condominium project, is currently in final plan check with the site being graded at the location of Broadway and Santa Clara Avenue, The 63-unit project has a bIDding permit value of $3 million and is scheduled for completion in December 1978.