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Chapter 1 Introduction The City will amend the current General Plan to permit these new land uses and amend the Zoning Code to establish development standards that implement the project. These amendments will allow the City to provide a framework for the development of compact, transit-oriented development that contains a mix of residential, commercial, and professional uses in order to address the City's and the region's goals of providing sites for housing in already urbanized locations that are adjacent to transit, thereby reducing vehicle trips, stimulating investment in underutilized land, and improving the jobs/housing balance within the City. This will lead to potential development of approximately 4,075 residential units, 387,000 sf of retail development, and an additional 15.5 acres of open space within the City. Adoption of this project would allow the City to consider subsequent actions consistent with these updates in the General Plan and Land Use designations. Table 3-1 (Summary of Transit Zoning Code [SD84A and SD8413] Development Potential) lists the overall potential net change that would occur as a result of the project area. In terms of net development, the Transit Zoning Code would allow for the potential development of approximately 351,000 square feet (so of retail development and the addition of new open space within the City. Creation of this Transit Zoning Code area would allow the City to consider subsequent actions consistent with these updates. Table 1-1 (Summary of Transit Zoning Code Potential Net Change) lists the overall potential net change that could occur as a result of any new construction built pursuant to the standards contained within the Tr, nsit Zoning Code. Land Use Type Potential Gross Development Existing Uses to be Converted Potential Net Development Residential (units) 4,272 197 4,075 Retail (sf) 693,00 306,00 387,000 Industrial (sf) 90,000 1,080,000 (990,000) Commercial (sf) 0 124,000 (124,000) Civic (sf) 8,000 29,000 (21,000) Open Space (sf) 680,000 0 680,000 Surface Parking Lot (sf) 67,000 1,839,00 (1,772,000) The key procedural actions related to the CEQA process for the Transit Zoning Code and the Developer Project include: ¦ Circulate Initial Study/Notice of Preparation (30 days) July 20, 2006-August 22, 2006 ¦ Filed NOC and Circulated Draft EIR February 2, 2010 ¦ Conducted Scoping Meeting at February 22, 2010 Planning Commission Meeting ¦ Re-Circulated Alternatives Section/ extended DEIR review period, February 24, 2010- April 12, 2010 ¦ Conducted Scoping Meeting at March 22, 2010 Planning Commission Meeting Transit Zoning Code (SD 84) EIR Findings of Fact/Statement of Overriding Considerations 1-3