SPECIAL MEETING AGENDA PACKET - Laserfiche WebLink

ATTACHMENT 3 decades have been for light industrial purposes, and in many instances, the unfortunate bi-product has been an overall lack of investment in the area, the creation of several underutilized properties, aging infrastructure, and a general lack of economic production and aesthetic degradation. The objectives of the proposed JDEDZ and associated General Plan amendment and PUD rezoning are to: 1. Provide a consistent framework for the City's review and approval of new uses and projects in the JDEDZ project area, encouraging investment in and adding value to these properties; 2. Maximize the benefits of the location of the JDEDZ project area as an infill site located along transportation corridors and near transit by encouraging the development of both locally and regionally accessible uses in the JDEDZ project area; and 3. Encourage the development of a diverse mix of uses in the City that would promote long-term economic growth by generating substantial new revenues for the City. The goals of the proposed JDEDZ and associated General Plan amendment and PUD rezoning are to: 1. Transforming the area into a thriving commercial corridor that capitalizes on its location at the intersection of the 1-580 and 1-680 freeways; 2. Creating opportunities for new land uses and services in the community to broaden the City's economic base, thereby generating new tax revenue to support City services and programs; and 3. Streamlining the development review process for new land uses through completed California Environmental Quality Act (CEQA) documentation and in most cases staff -level review processes. B. Description of Development The JDEDZ entails the implementation of rules, regulations/review processes, and design guidelines to allow for and facilitate future development and redevelopment within the JDEDZ project area. As part of the proposed JDEDZ, the City would also: specify fees and fee credits for prospective uses; specify off-site improvements; and potentially execute one or more Development Agreements with identified property owners. The mix of uses expected to occur within the JDEDZ project area with full buildout includes club retail (also known as warehouse club), hotel, recreational facilities, and general retail establishments. Existing uses within the JDEDZ project area would be "grandfathered" and operate and/or expand