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Development Agreement No. 2015 -01 <br />Site Plan Review No. 2015 -02 <br />March 23, 2015 <br />Page 5 <br />In January and February 2012, the Planning Commission held public hearings on a proposed 284 - <br />unit multi - family residential condominium project proposed by Vineyard Development. At these <br />meetings, the Planning Commission expressed concerns with the unit mix, percentage of tandem <br />parking spaces, parking management, future plans for the vacant parcel and the level of amenities for <br />the proposed project. At the conclusion of the February meeting, the Commission voted 3:3 on the <br />proposed project. Pursuant the Planning Commission's bylaws, the applicant requested that the <br />project be denied by the Commission and be forwarded to the City Council for their decision. <br />Prior to the City Council meeting for the project, the applicant requested a continuance to address <br />concerns raised by the Planning Commission. Asa result, the applicant agreed to amend the project <br />to reduce the total unit count from 284 to 278 units, increase the number of two and three- bedroom <br />units, increase the average unit size from 855 to 915 square feet, reduce the amount of tandem <br />parking spaces from 344 to 257, and increase the total open space from 58,150 square feet to 70,976 <br />square feet (255 square feet per unit). <br />On March 19, 2012, the City Council approved a modified project with the following attributes: <br />278 residential units in five -story buildings <br />• 51 % one - bedroom units <br />• 49 % two and three - bedroom units <br />• Average unit size of 915 square feet <br />• A minimum of 255 square feet of open space per unit <br />42% tandem parking <br />• Contemporary architectural style with exterior finishes to include stucco, fiber cement <br />panels, wood laminate panels, ceramic tile, metal awnings and rails, and aluminum windows <br />2.22 parking spaces per unit <br />* 10 -year term for Development Agreement <br />• Park In -Lieu fee <br />• Public Art requirement <br />• Inclusionary Housing fee <br />Subdivision for condominium purposes <br />• An area equal to 0.8 acres of land, instead of 0.6 acres, for future development of a <br />residential tower. <br />In 2014, the property was acquired by the Legado Companies, which is proposing to construct the <br />284 -unit apartment development on the full 3.1 -acre project site that is the subject of this <br />application. <br />75A -7 <br />