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JTHE CITY OF ,A°�( � mil$ AGENDA REPORT / /1 l CITY COUNCIL AND BOARD OF TRUSTEES �F �} pL€ASANTONR JOINT MEETING I f o0 PLEASANTON UNIFIED SCHOOL DISTRICT January 28, 2013 TITLE: UPCOMING HOUSING ELEMENT UPDATE AND POTENTIAL FUTURE RESIDENTIAL DEVELOPMENT RECOMMENDATION This is an informational report. No action is required. SUMMARY This agenda report describes recent actions taken by the City of Pleasanton to increase the supply of land zoned for multifamily development and which of these sites is likely to move forward in the development process in the near future. The report also considers the upcoming Housing Element cycle and the draft Regional Housing Needs Allocation for 2014 to 2022. BACKGROUND In accordance with State Planning and Zoning law which requires each city and county to address its share of the regional housing need (RHNA), and consistent with the Settlement Agreement entered into for the Urban Habitat litigation, the City adopted a new General Plan Housing Element in February 2012. Part of this work included rezoning of nine sites totaling 73 acres to allow multifamily residential development. If developed at the minimum densities specified, these nine sites could result in approximately 2,300 additional multifamily units. This action followed the adoption of the Hacienda TOD Standards and Design Guidelines and rezoning of three sites near the Pleasanton/Dublin BART station in March 2011, and the approval of the 350 unit Windstar project at the West Pleasanton/Dublin BART station in 2009. The location of these sites is shown in Attachment 1. As of January 2013 the City has approved projects on two of the Hacienda TOD sites, and is reviewing applications for development on four additional sites. DISCUSSION The table below lists the recently rezoned sites, the three Hacienda sites and the approved Windstar project which collectively represent a large proportion of the City's future residential development. Not included in this list are a number of smaller-scale single-family projects and custom homes that may also be approved and/or developed but will represent a far smaller number of units. Several multifamily projects are currently in preliminary or development review. Staff estimates that projects totaling about 1,600 units may move forward within the next five years.