75B - PH - AMEND DEVELOPMENT AGMT 2005-02

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Amend DA No. 2005-02, CUP No. 2011-05 VA No. 2011-04, SPR No. 2011-01 March 14, 2011 Page 3 An extensive menu of project amenities is planned for this development. Exterior amenities include a water feature, landscaping and public art within the public plaza located at the northwest corner of the project. The project will also include two open courtyards with decorative landscaping, hardscaping, seating areas and a water element on the ground level. A recreation deck will be located on top of the parking structure and will contain a pool, seating areas, a barbeque, garden rooms, a tennis court and a recreation room. Within the recreation room will be a fitness room, yoga room, screening room, a clubroom, game tables and a conference room (Exhibits 3, 4, 5 and 6). Proiect Backaround The Lyon parcel is part of the larger MacArthur Place South development, a 9.8-acre, three parcel development that was entitled in 2005. The entitlements allowed three 25-story high-rise towers, a six-story mid-rise residential/office building, and 14,000 square feet of retail and restaurant uses. Two high-rise towers, the 349-unit Skyline Towers development at 9 and 15 MacArthur Place, were completed in October 2008. Also part of the entitlements was the Montage, a 276-unit, four to six- story mid-rise condominium development by Integral Corporation. Although the project was submitted into building plan check in 2008, permits were never obtained for its construction. In early 2010, Lyon Community Development entered into a partnership with Integral in order to construct the project. Although modified and improved in design, the proposed project is similar to that which was previously entitled. General Plan and Zoning Analysis The General Plan land use designation for the site is District Center (DC), which allows for major development sites such as the multi-family residential development. District Centers are designed to serve as anchors to the City's commercial corridors, and to accommodate major development activity. The project site is consistent with this General Plan land use designation. The site is surrounded by residential and retail uses to the north; office development to the south; office and retail uses to the east; and residential uses to the west. The zoning for the site is SD-76 - Hutton Centre Mixed Use Specific Development District No. 76. The SD-76 is a mixed use zone that allows office, restaurant, retail, hotel and residential land uses. Therefore, the proposed use is also consistent with the zoning designation. Proiect Analvsis Amendment to the Development Agreement In 2005, the City approved several entitlements, including a development agreement, for The Grand Plan I and II, LLC, subsidiaries of the Nexus Development Corporation, and Integral Communities for the MacArthur Place South development. The development agreement established development intensity, permitted uses and development standards for the term of the 75B-5