80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT O

Home Browse Search

C1~apfer ~ ~ntraduct~on ~~~itl~in the bou~.da~•~T of the Transit ~ot~in Cade, the Aenc~r o~~~ns fo~:t~r-nine panels comprising approxirr~a.tel~r se~ren noncon~.uou acres, The Aenc~r~Cit~r is pursuing the potentiai ac~uisitian of t~~rent~~ additionai prope~•~ies ~~itl~in the imn~ediate ~~ic~nit~~ the fort~r-nine parcels r~entioned aho~re for the purposes carnpleting the asse~~.blae of properties on those blocks irr ~~rl~ieh the Aenc~~ a~riead~~ has rnajor;•it~F a~~nership, as i~Tell as to secure propeit~r to pro~ride for additional open space. The acgt~siaon of t~~ese add~t~on~l piaperties rTla~r lead to demolition and f or reloeatio~~ of e.~sting structures, as ~~ell as the potc~a~ial rielocation of arl~,t existing residents, Tl~e Aenc~~ and file ~eiated Co~~pan~es of California, LLC aid rif~~n Realt~~ Co~~poratior~, a California Corporation the De~teloper~ propose to rede~reiop these properttes, The ~e~~elape~• concept far these properties ~~~cludes the de~Telopment of ~ r~a~murn of ~5 rental ~~~.its and ma~ir~u~~ of ~ for-sale ~~~tsT--a total o ~ZD nc~~T ~~esiden~al ~~nits the Dc~~elope~ ~~~ajec~~, cotnpoz~ent o~ t~~is ~esi~entil de~~eioprnent ~~~ill tie a~~ordabfe pursuar~t to tl~e Count= of grange's criteria for lo~v-to-n~oder~.te ir~corx~e lousing. 7'he C~t~x f Ager~c~~ fs also pursuing the additiar~ of rYe~~ public open space that coup. include a public pa#.'~3, ~ public tot lot, and a x,000 squire foot con~mut~it~r burldi~i. Tl~e rede~reiopir~e~~t of these properties requires tl~e demolition of appra~~r~atel~T ~0,2~ square feet a~ building area, on fifteen Agenc~7-o4~~ned properties. Tl~e Cite ~vill amend the cuiier~t general Plan to peri~.it these near land ~~ses and ar~~end tl~e ~oi~ing Code to est.blish de~Tetopment sta~~dai~d that implement the p~io~ect. These amendments ~~~ll allau~ the Cit~r to pro~~ide ~ franme~~~ark fat the de~~eloprnent of carx~pact, transit4oriented de~relopment that contains a min o~ residential, comr~~ercial, and professional uses in order to address the Clt~r's and tine ~~eion's goals of pro~riding sites foi• llo~sing in alread~t urbar~i~ed locatiar~s that are adjacer~t to transit, thereb~t reducing ~rel~icle trips, stimulating ir7~restn~ent in underutilized lat~d, and impro~Ting the jabs~liousing balance ~~ithiz~ tl~e Cit~T. 7`1~is ~~ill Iead to potential de~~elopment of appiiaxit~atel~~ ~,~75 resider~tial ~~nits, 387,000 s~ of retail dc~Telopi~eiit, and an additional ~ 5,5 acres of open space ~~~tl~in the Cit~r, Adoption. of this project ~vou~d alfo~v the Cit~7 to consider subsequer~t ac~io~~s consistent 4th these updates i~~ tl~e general Plar~ and Land use designations, Table 3~~ ~8urr~mar~~ of T`~ansit honing Code ~DS~A a~~d DB~~~ e~~elopment Potentials lists tl~e o~~er~ll potential net cl~a~~e teat ~~~ould occur a a result of the proposed p~•oject area, f r~ tcir~~s of net de~~elopr~~ent, tl~e Transit honing Code would alloS~~ for tl~e poten~al de~relopr~efit of appro.~ii~.atel~r 351,000 square feet ~sf~ of retail de~~elapment and the additio~~ of ~ze~~r open space ~~rid~in fire cit~r, Creation of this Transit caning Code area ~~fa~~ld allo~~ fire Cite to conside~~ subse~uer~t actions consistent ~~~itl~ these updates. '~`abie ~urr~r~ar-~t of Transit ~oi~in Code Potential het Change lists the a~Terall potential net change teat could occur as a xes~~lt o~ an~~ ne~~~ construction built pursuant to the standards cot~tai~ied ~vithin file proposed Transit honing Code Transit Zan~ng bode ~p 84} EAR Findings of ~act~tatement of ~varrlding ~an~derat~ans 1 i i s