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by Owens Drive, Hacienda Drive, Gibraltar Drive, and Willow Road. The Roche Molecular Systems site is located on the block bounded by Gibraltar Drive, Hacienda Drive, Stoneridge Drive and Willow Road. The total size of the three project sites combined is about 31.6 acres compared to 730.4 acres (854 acres including roadways) of developable land within the Hacienda area. The sites are generally flat and undeveloped except for the south portion of Site #1 which includes a surface parking area serving the Shaklee building. The only landscaping are some trees on the perimeter of the sites and trees in the parking lot on Site #1. PROJECT DESCRIPTION The project sites are currently zoned as PUD -I /C -O (a Planned Unit Development zoning classification) with a Hacienda land use designation of Mixed Office, Research and Development/Light Manufacturing Planned District (MOIPD), which allows light industrial, research and development, and office uses. The City has previously approved office/ research and development (R &D) development plans for these project sites. The proposed rezoning would allow mixed -use development on these sites, including residential development with a density of at least 30 units per acre, consistent with the General Plan Land Use designation of Mixed Use /Business Park. The existing development standards for each site include a floor area ratio (FAR) of 0.6 (or 60 percent), a height limit of 85.5 feet and /or six stories, a 30 percent landscaping requirement, and parking ratios of one parking space for each 250 to 300 square feet of development. Thus currently the three sites combined could accommodate a maximum of about 826,000 square feet of office and light industrial development, requiring between about 2,750 and 3,300 parking spaces. If the rezoning is approved, residential development of the sites at a density of at least 30 units per acre would yield about 950 units. Zoning at this density would make housing affordable to low and very low- income households more financially feasible. Because future development will be subject to the inclusionary zoning ordinance, it is most likely that the sites would include a mix of affordable and market -rate units, with the affordable units accounting for about 15 percent of the total. Mixed use development, including a combination of any of the allowed uses (residential, office, retail commercial, industrial or research and development) would also be allowed. The City may permit any use in a Planned Unit Development district which is consistent with the General Plan, compatible with the purposes of the district, the neighborhood, and general vicinity of the proposed project, and is in keeping with protection of the public health, safety and general welfare. The City may also impose conditions to protect the public health, safety and general welfare. This proposed rezoning is a first step in the development process. The comprehensive PUD modification process will commence as described above, and will address park -wide planning objectives, and will create modified design guidelines and development standards that will be included in the individual site development proposals. Development of any specific site would not proceed until the comprehensive PUD modification process is completed and a PUD development plan for an individual site has been reviewed by Page 5 of 12