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THE CITY OF 13 pL£ASANTON. CITY COUNCIL AGENDA REPORT May 20, 2014 Community Development Planning Division TITLE: CONSIDER APPLICATIONS FOR: (1) PLANNED UNIT DEVELOPMENT (PUD) REZONING AND DEVELOPMENT PLAN TO CONSTRUCT A SIX-STORY, APPROXIMATELY 430,000 SQUARE FOOT OFFICE BUILDING, PARKING GARAGE, AND RELATED SITE IMPROVEMENTS AT 6110 STONERIDGE MALL ROAD; (2) PUD MAJOR MODIFICATION TO THE PUD GOVERNING STONERIDGE CORPORATE PLAZA (6120-6160 STONERIDGE MALL ROAD) TO CONSTRUCT A PARKING GARAGE, SURFACE PARKING MODIFICATIONS, AND RELATED SITE IMPROVEMENTS AND TO ELIMINATE THE PUBLIC'S USE OF THE PRIVATE LANDSCAPED AREA BETWEEN THE EXISTING OFFICE BUILDINGS; AND (3) DEVELOPMENT AGREEMENT. SUMMARY The applications submitted by Workday, Inc. are for an approximately 430,000 square foot office building, two parking garages, and related site improvements on BART- owned property next to the West Dublin/Pleasanton BART station and on the Stoneridge Corporate Plaza property. A development agreement is also proposed to vest the entitlements for the project. PLANNING COMMISSION RECOMMENDATION The Planning Commission recommended approval of the PUD rezoning, development plan, and major modification applications subject to the conditions shown in Exhibit A (Attachment 1) and recommended approval of the development agreement. RECOMMENDATION 1. Find that the project would not have a significant effect on the environment and adopt a resolution approving the draft Mitigated Negative Declaration (Attachment 2); 2. Find that the proposed rezoning and development plan for the 6110 Stoneridge Mali Road site, PUD Major Modification for the Stoneridge Corporate Plaza site, and development agreement for the project are consistent with the General Plan, including the reduction of the residential density, and that the remaining sites identified in the City's Housing Element are adequate to accommodate the City's share of the regional housing need after the elimination of the Windstar project's 350 apartment units;