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EIR No. 2007-02; ZOA No. 2008-04; DA No. 2004-04; CUP No. 2008-34; VTTM No. 2008-04; and SPR No. 2008-05 January 12, 2009 Page 2 plan review. The proposed project consists of a high rise tower, stacked townhomes and parking structure on an approximately two acre site. The residential segment will provide 333 condominium units within the tower and 20 stacked townhouses wrapping one-side of the parking garage. Several actions are required to entitle the project: a) the project was identified to have a potential adverse impact and therefore required an environmental impact report; b) a zoning ordinance amendment is necessary to amend the Specific Development No. 59 zoning standards; c) an amendment to the existing development agreement defining the terms and nature for the proposed development; d) a conditional use permit is required to allow a residential high rise project; e) a vesting tract map is requested to allow the subdivision of the existing property for residential condominium purposes; and f) the project location within SD-59 requires approval of the site plan. Property Description The City Place development comprises approximately 17.7 acres at the northeast corner of Main Street and Memory Lane. The site extends from Main Street on the west to Lawson Way on the east and from Memory Lane on the south to the city border on the north. The tower development proposed is situated on an approximately two acre parcel located on the northeast portion of City Place and generally bounded by Lawson Way on the east, Jeanette Lane along the south to the existing City Place development to the west and to the city border on the north. The subject site is located within Specific Development No. 59 (SD-59) zoning district and has a General Plan Land Use designation of District Center (DC), which permits residential development. Surrounding land uses include the Main Place Mall, commercial, retail and residential to the west; Santiago Park, offices and parking structure to the south; a senior residential development and offices to the east; and retail, offices and parking structure to the north (Exhibits 1 and 2). Project Description The City Place land use, planning and design provide a mixture of uses within a common setting. It stresses a people oriented environment where pedestrian and automobile traffic can co-exist on-site to create an experience of urban activity in a safe and high quality setting. 7 5A-4