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GPA No. 2016 -02, AA No. 2016 -02 & TTM No. 2016 -02 <br />April 11, 2016 <br />Page 5 <br />Project Backaround <br />The project site was developed with several buildings that were built between 1923 and 1979. <br />Since then, the buildings have undergone minimal tenant improvements, with the sites largely <br />unchanged and vacant since 2010. <br />The City's Housing Element, adopted in 2014, identifies portions of Santa Ana for future <br />residential and mixed -use developments. The Housing Element states that these areas were <br />selected "to create distinct and vibrant activity centers linked together with a variety of <br />transportation options." First Street was identified as a corridor to allow housing to be <br />constructed; however, this site was not specifically identified as an opportunity site. This project <br />Is consistent with the direction of the Housing Element, which states "the City will need to create <br />new residential General Plan land use designations, zoning districts, and design guidelines" for <br />developments ranging from 23 to 35 units per acre. <br />Further, the City has recently initiated the process to update its General Plan, which is the <br />blueprint for future development. A key component of the update process is the identification of <br />sites for future development, including but not limited to areas for new residential and /or mixed - <br />use development. Staff has identified the First Street corridor, including the project site, as a <br />potential area for mixed -use development up to six stories in height and at a maximum density of <br />100 units per acre. This area will be studied in greater depth as the update process continues, <br />with a final determination on the eventual land use designation expected in the next one to two <br />years. <br />Project Analvsis <br />The Olson Company is requesting approval of a general plan amendment, amendment <br />application (zone change), a tentative tract map and a Mitigated Negative Declaration and <br />Mitigation Monitoring Reporting Program in order to allow the 62 -unit, for -sale townhome <br />development. The following sections of this report provide analyses for each of the proposed <br />action items. <br />General Plan Amendment <br />The applicant is requesting approval of a General Plan Amendment to change the General Plan <br />land use designation from General Commercial (GC) to Urban Neighborhood (UN) with a floor <br />area ratio of 1.0 (Exhibit 8). The floor area ratio was derived by dividing the square footage of the <br />proposed development by the total site area in square feet. Further, staff is recommending that <br />the separate 0.16 -acre parcel surrounded by the development proposal also be included in the <br />general plan amendment action for the project. <br />75A -9 <br />