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A total of 1,759 units would consist of 616 multifamily units and 1,143 single family units, <br /> or a split of 35% multifamily units and 65% single family homes. Looked at from acreage <br /> used, the multifamily development would account for about 23 acres or about 13 percent <br /> of the total acreage in residential development. In this plan, the multifamily developments <br /> are dispersed in two locations, one on Busch just east of the OSC and the other at Busch <br /> and El Charro Road. <br /> In the Preferred Plan, the OSC remains in its current location, and the PGS site would be <br /> relocated further east into an industrially-designated area. An approximately 13 acre <br /> park located just south of Lake I is also designated Public School Site and part of the site <br /> would be used for an elementary school if it is determined necessary by the Pleasanton <br /> Unified School District. Public and private parks cover almost 80 acres of the planning <br /> area. <br /> Circulation is provided by an extension of El Charro Road from Stoneridge Drive to <br /> Stanley Boulevard, Busch Road connecting from Valley Avenue to El Charro Road, and <br /> an extension of Boulder through the southern part of the Specific Plan area to Busch <br /> Road. In addition to these and other local streets, "Green spines" provide pedestrian and <br /> bicycle circulation throughout the area. <br /> As noted below in the Analysis section, this exact plan was not analyzed by the economic <br /> consultant. However, a similar plan with 1,759 residential units and a slightly different <br /> split of multifamily and single family units (fewer single family units and more multifamily <br /> units) was found to be one of two "most feasible" options, from an economic feasibility <br /> perspective. <br /> Impact on City's Share of the Regional Housing Need: The City Council's direction on <br /> June 18, 2013 was that the East Pleasanton Specific Plan should accommodate at least <br /> a proportion of the City's regional housing need for the next two housing elements <br /> (through 2030). The table on the next page provides an estimate of the Regional <br /> Housing Needs Assessment (RHNA) for that period and the number of additional units <br /> needed to accommodate the housing need to 2030. <br /> Page 4 of 8 <br />