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Almost all of the lots not subject to the post-1994 Prudential sub-cap were developed or had appwved <br />plans in t994. Although "built," most of these lots could be expanded within the relevant lot-specific <br />development regulations. Expansion, however, would be subject to the regulations established in the <br />development approvals and the overall development cap. There are approximately 408,000 square feet <br />~ in tha development cap. This balance represents a pool of additional development potential <br />that could be built on one or more of these properties provided that all of the other controlling <br />development provisions are met. The two most important of these provisions are the lot-specific floor <br />area ratio (found in Table B-1 of the Design Guidelines and Exhibit B of the CC&R's) and the <br />development plan traffic condition ('No. 13). <br /> <br />Aa Hacienda has built out, its network of streets and freeway interchanges have been affected by growth <br />in Pleasanton and~ Dublin. City traffic projections show it will be difficult to acliieve the intersection <br />levels of service originally planned and which the traffic condition requires each new building to meet. <br />Any new project in Hacienda seeking to use the approximately 408,000 square feet remaining in the <br />development cap must undertake the required traffic study and demonstrate that its traffic, when added <br />to existing traffic and that projected from approved projects, will not result in adverse levels of service. <br />New exptnaion projects should seek to utilize traffic reduction strategies to the fullest extent if the <br />tragic requirements are to be met. <br /> <br />R~ently, discussions concerning expansion opportunities have taken place between owners of lots <br />within Hacienda and the City's and Association's staffs. Both the City of Pleasanton and the Hacienda <br />Owners Association felt it appropriate to simultaneously address all oftha land owners within Hacienda <br />to advise them of the guiding development parameters that will affect their ability to expand. At this <br />point in Hacienda's development, the actions of one lot owner will likely affect the expansion/reuse <br />options of the others. We feel having all of the current property owners knowledgeable of the <br />development constraints affecting their properties best serves the City's and Hacienda's interests. <br /> <br />Satisfaction of the conditions outlined above constitute the minimum requirements which mtmt be met in <br />order to consider expansion applications. However, satisfaction of these conditions is. by no means, a <br />determinant of approvai. Each application must also be considered by approving bodies within the City <br />of Pleasanton and Hacienda. Owners considering expansion under this portion of the development cap <br />arc well advised to carefally ~¢view all of the Pla~med Unit Develop~ent coi~ditions under <br />Ordinance 1325; the Hacienda Coy.chants, Conditions, and Restrictions revision 3.2; and Hacienda's . <br />Design Guidelines to obtain a thorough understanding of the terms by which expansion applications will <br />be given consideration. <br /> <br />Hacienda's covenants, conditions, and restrictions grant the Hacienda Owners Association discretionary <br />review and approval authority over all applications within the development. As such, the Association is <br />the first body to determine whether expansion applications will be allowed to move forward. With <br />Association approval, applications will then move to the Pleasanton Planning Department for review and <br /> <br /> <br />