Item 19 - Density Bonus Agreement No. 2024-02 Property Located at 510 and 520 N. Harbor

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Planning and Building Agency Item # 2 r City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Planning Commission Staff Report December 9, 2024 Topic: Vesting Tentative Tract Map No. 2024-02 and Density Bonus Agreement No. 2024-02 — Santa Ana-8 Townhomes (510 & 520 N. Harbor Boulevard) RECOMMENDED ACTIONS 1. Adopt a resolution approving Vesting Tentative Tract Map No. 2024-02 (County Map No. 19328) as conditioned, and 2. Adopt a resolution approving a concession and waivers or reductions in development standards as memorialized in Density Bonus Agreement No. 2024-02 as conditioned. EXECUTIVE SUMMARY Kim Prijatel with City Ventures Homebuilding, LLC, representing property owner Clark Beyer, General Manager of the Alminlo Properties, LLC, is requesting approval of a vesting tentative tract map (VTTM) and a concession and waivers or reductions of development standards (or, "deviation" as referenced in the SAMC) as memorialized in a density bonus agreement (DBA) to allow the construction of a 45 unit, two to three-story residential townhouse development for the property at 510 and 520 North Harbor Boulevard. The development will include five units affordable to moderate -income households earning 80- 120 percent of the area median income (AMI). As proposed, the project will utilize one concession and waivers from development standards through the density bonus agreement pursuant to California Government Code sections 65915 through 65918 and Santa Ana Municipal Code (SAMC) Section 41-1600 through 41-1607. Staff is recommending approval of the applicant's request due to the project's satisfying the intent of the General Plan and Harbor Mixed Use Transit Corridor Specific Plan (SP-2) to promote a pedestrian -oriented environment, and because the project will provide additional affordable and market -rate ownership housing stock to the community.