31A - 1516, 1518, 1520, 1522, 1526, 1528 EAST WARNER AVE

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REQUEST C.T. Realty Corporation has submitted a tentative tract map to subdivide three parcels within the Brookhollow Office Park into six parcels and three common area lots. The map will also allow each of the six buildings to be converted into commercial condominiums. The proj ect requires approval by the Planning Commission because the project site is located within a Specific Development zoning designation. SETTING The project site is located within the 34.7-acre Brookhollow Office Park, which currently consists of 18 parcels and five common area lots. The office park is governed by Covenants, Conditions and Restrictions (CC&R's) controlled by a Master Association. The subject site consists of three parcels and two common area lots within the inner ring of the office park totaling 6.47 acres. There are six buildings on the proj ect si te with a combined total of 98,227 square feet. Access to these parcels is from Brookhollow Drive, a private street that circles the project site. The property has a zoning designation of Specific Development No. 8 (SD-8) and a General Plan Designation of Professional and Administrative Office (PAO), which allows a Floor Area Ratio (FAR) of 0.50. Surrounding land uses include industrial and commercial development to the north; commercial uses and the Costa Mesa (SR-55) Freeway to the south; Costa Mesa (SR-55) Freeway to the east; and a Southern California Edison primary distribution station, vacant land and hotel/motel uses to the west. PROPOSED PROJECT The applicant is proposing a tentative tract map for condominium purposes that would also allow the subdivision of three parcels of land into six smaller parcels and three common area lots. A separate fee parcel is being created around each of the six buildings on site, with property lines as close as 10 feet from the walls of each building. Upon recordation of a final tract map, the applicant will have the option to either own, operate or sell each of the six individual parcels and buildings as a whole to a single owner, or record a condominium plan in favor of each parcel and further subdivide each building into commercial condominiums which may be sold off separately or to multiple owners. Three lots will provide common area, landscaping, access and parking for the six parcels. The proj ect will be governed by the Master Association wi thin the Brookhollow Office Park, a sub-association comprised of the owners of each of the six created parcels and a separate sub- 31~11