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multi -family developments. In addition, cities with similar <br />downtown environments such as Long Beach and Los <br />Angeles require one space per studio unit instead of the 2.15 <br />spaces required by the Transit Zoning Code. Allowing a <br />reduction in parking for the studio units will support <br />continued development in the downtown area. Therefore, <br />granting of the variance is necessary for the preservation and <br />enjoyment of substantial property rights and will preserve the <br />property owner's right to develop on the site with a use that <br />is allowed in the zoning district and will assist in revitalizing <br />the area, which preserves the property owner's right to <br />upgrade and develop their property. <br />3. That the granting of a variance will not be materially detrimental to <br />the public welfare or injurious to surrounding property. <br />Granting the variance will not be detrimental to the public <br />welfare or injurious to the surrounding properties. The public <br />parking structure contains approximately 700 spaces, only a <br />portion of which would be reserved for exclusive use for the <br />residential project and the remainder would remain <br />accessible to the public. Typically, the parking structure is at <br />40 percent capacity on weekdays and 60 percent capacity <br />during weekends, leaving approximately 245 stalls available <br />for the public during maximum capacity use. Therefore, <br />there will be minimal impacts to the public or surrounding <br />properties. The parking ratio of 1.5 spaces per unit will <br />provide one space per unit with 12 extra spaces which is <br />appropriate for a development of all studio units. Providing an <br />excess of parking can encourage solo driving and <br />dependency on a vehicle, which is opposite of several of the <br />goals and policies of Transit Zoning Code and General Plan. <br />The building and site have been designed to comply with all <br />applicable development standards except for open space <br />standards. The site improvements such as the new fagade <br />and amenities will enhance this property as well as the <br />surrounding properties. The exterior has been designed to <br />be compatible with the surrounding properties. The <br />residential development will make a substantial capital <br />investment in the site, thereby enhancing this property and <br />the surrounding properties. <br />4. That the granting of a variance will not adversely affect the General <br />Plan of the City. <br />Resolution No. 2018-04 <br />Page 3 of 8 <br />