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present in the audience to answer questions are Keith Labis, Project Architect, from KTGY Group, Inc; Linda Gates from Gates and Associates; and Mike Serpa, Project Advocate and Consultant. Mr. Zahedani then presented a brief background on St. Anton Partners, stating that it is a privately -owned company founded in 1995 by two gentlemen who are involved in every detail of its projects. He noted that one of the founders, Peter Jeremy, was in the audience. He continued that the company develops, builds, owns, and manages 6,500 units throughout California, 2,000 of which are in the Bay Area. He added that the company, which has about 300 employees, never outsources its projects, such that it fixes any problems its projects may have. Mr. Zahedani then gave a little bit of project history, noting that one of the reasons the company pursued and purchased the project site from Nearon was because on June 1, 2011, this site was ranked among one of the highest with 20 points for site amenities including its proximity to transit, parks, and schools. He indicated that they submitted an application to develop in September 2012 and had a very productive Planning Commission Work Session in November 2012. He commended Pleasanton as one of the few cities that provides its applicants with upfront feedback, both from a planned development review committee and at a Planning Commission workshop, such that the developer is not out spending hundreds, if not millions, of dollars before it gets its first feedback. He thanked the Commission and staff for such a fruitful process. Mr. Zahedani stated that the application was deemed complete in January 2013, and one of its proudest achievements was getting unanimous approval from the Housing Commission last week, with the Chair commending staff and the applicant as well. He noted that the project has a 20- percent AMI at 50 percent, which is the most seen anywhere in the region. He further noted that the project is truly a mixed - income community with units dispersed throughout the entire project. Mr. Zahedani displayed some slides, including one of the Verona Townhouses across the street, which is what the applicants wanted its project to look like so it could fit in and be compatible with the surrounding area. He then presented project elevations fronting West Las Positas Boulevard, showing the pitched roof and classic components, as well as the bars on the windows, which he believes looks better and which staff likes, but on which the owners had indicated they would defer to the Planning Commission's wishes. Mr. Zahedani then presented what he deemed to be the heart of the project. He stated that although the project is defined as a 5.68 -acre site, it really is only 4.9 acres net developable, with two major easements, on which they were able to have 168 units with three -story buildings, two "U "- shaped buildings in the front, four stories in the back, and one story for the clubhouse and amenities. He noted that this is key because going into the project, one drives by the trees that were saved in the front easement area so that one barely sees the three -story building with its 38 -foot tall elevation and with most of the massing in the back in the large "L "- shaped building. He added that the project was PLANNING COMMISSION MINUTES, May 8, 2013 Page 6 of 25