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REQUEST FOR <br />Planning Commission Action <br />PLANNING COMMISSION MEETING DATE: <br />MAY 12, 2008 <br />TITLE: <br />PUBLIC HEARING - FILED BY THE NEXUS <br />COMPANIES TO AMEND DEVELOPMENT AGREEMENT <br />NO. 2005-02 FOR THE MACARTHUR PLACE SOUTH <br />PROJECT AT 9, 10 AND 15 HUTTON CENTRE DRIVE <br />AND 100, 120 AND 130 EAST MACARTHUR <br />BOULEVARD <br />Prepared by Vince Fregoso <br />PLANNING COMMISSION SECRETARY <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Set Public Hearing For <br />DENIED <br />^ Applicant's Request <br />^ Staff Recommendation <br />CONTINUED TO <br />,~ <br />Executive Director Planning Hager <br />RECOMMENDED ACTION <br />Recommend that the City Council adopt an ordinance approving the <br />Amendment to Development Agreement No. 2005-02. <br />DISCUSSION <br />Request of Applicant <br />The Nexus Companies is <br />Place South development <br />development at 9, 10 and <br />East MacArthur Boulevard. <br />Property Description <br />proposing to amend provisions of the MacArthur <br />agreement that pertain to public art for the <br />15 East Hutton Centre Drive and 100, 120 and 130 <br />MacArthur Place South is a 9.8-acre development that is generally <br />situated between MacArthur Boulevard, Main Street and Sandpointe Avenue. <br />MacArthur Place South consists of three separate parcels and will <br />include three 25-story high-rise towers, a six-story mid-rise <br />residential/office building, a six-story mid-rise condominium <br />development, and 14,000 square feet of retail and restaurant uses. Two <br />high-rise towers, the 349-unit Skyline Towers at 9 and 15 Hutton Centre <br />Drive, are currently under construction. At final build out, a total of <br />791 for sale condominium units will be constructed at the project. <br />The overall project site is zoned Specific Development No. 76 (SD-76) <br />and has a General Plan land use designation of District Center (DC). <br />Surrounding land uses include the MacArthur Place mixed-use development <br />to the north, the Newport-Costa Mesa (SR-55) Freeway and the City of <br />Costa Mesa to the east, office development to the south and the <br />Sandpointe residential neighborhood to the west (Exhibits 1 and 2). <br />EXH~~-_2 <br />