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would be developed with hotel (132,000 square feet), club retail (148,000 square feet), and <br />general retail (5,000 square feet) uses; and one or more future development phases. <br />Table 1 summarizes the characteristics of development assumed to take place <br />during Phase I and future development phases. "Full Buildout" as presented in Table 1 and <br />analyzed in the SEIR, includes Phase I assumptions as well as future development phases, and <br />represents the maximum assumed level of development within the entire area of the proposed <br />Zone. <br />TABLE 1 <br />SUMMARY OF ZONE DEVELOPMENT CHARACTERISTICS <br />Land Use or Other Characteristic <br />Unit <br />Existing <br />Development <br />Phase I Development <br />(Parcels 6, 9, and 10) <br />Full Buildoutl <br />Employees <br />Jobs <br />369 <br />610 <br />678 <br />General Retail <br />Square Feet <br />38,903 <br />43,903 <br />227,940 <br />Club Retail <br />Square Feet <br />- <br />148,000 <br />148,000 <br />Commercial Service <br />Square Feet <br />123,165 <br />123,165 <br />- <br />Office <br />Square Feet <br />15,070 <br />15,070 <br />- <br />Industrial <br />Square Feet <br />27,550 <br />27,550 <br />27,550 <br />Hotel <br />Square Feet <br />- <br />132,0002 <br />132,0002 <br />Institutional/Religious <br />Square Feet <br />20,000 <br />20,000 <br />- <br />Total new gross building space <br />Square Feet <br />- <br />285,000 <br />310,802 <br />Total gross building space <br />Square Feet <br />224,688 <br />509,688 <br />535,490 <br />1 Inclusive of all phases of development, including Phase I. <br />3 231 rooms (previously 140 to 150 rooms). <br />Ac = Acres <br />SF = Square Feet <br />Source: Final EIR (City of Pleasanton, 2016) <br />The level of actual development within the area of the proposed Zone may <br />ultimately be less than assumed in the SEIR. <br />2. Zone Objectives <br />The Zone is a pilot economic development zone designed to establish a vision and <br />policy framework for the area with the purpose of encouraging investment in a highly -visible part <br />of the City. The Zone is the first economic development zone proposed by the City and is <br />anticipated to be a model for future economic development zones. <br />The following are the objectives for the Zone and associated General Plan <br />Amendment and rezonings, as presented in the SEIR: <br />1. Provide a consistent framework for the City's review and approval of new <br />uses and projects in the area of the proposed Zone, encouraging investment in and adding value to <br />these properties; <br />2. Maximize the benefits of the location of the area of the proposed Zone as an <br />infill site located along transportation corridors and near transit by encouraging the development of <br />both locally and regionally accessible uses in the area of the proposed Zone; and <br />6 <br />