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1. Provide a consistent framework for the City's review and approval of new <br /> uses and projects in the JDEDZ project area, encouraging investment in <br /> and adding value to these properties; <br /> 2. Maximize the benefits of the location of the JDEDZ project area as an infill <br /> site located along transportation corridors and near transit by encouraging <br /> the development of both locally and regionally accessible uses in the <br /> JDEDZ project area; and <br /> 3. Encourage the development of a diverse mix of uses in the City that would <br /> promote long-term economic growth by generating substantial new <br /> revenues for the City. <br /> The goals of the proposed JDEDZ and associated General Plan amendment <br /> and PUD rezoning are to: <br /> 1. Transforming the area into a thriving commercial corridor that capitalizes on <br /> its location at the intersection of the 1-580 and i-680 freeways; <br /> 2. Creating opportunities for new land uses and services in the community to <br /> broaden the City's economic base, thereby generating new tax revenue to <br /> support City services and programs; and <br /> 3. Streamlining the development review process for new land uses through <br /> completed California Environmental Quality Act(CEQA) documentation and <br /> in most cases staff-level review processes. <br /> B. Description of Development <br /> The JDEDZ entails the implementation of rules, regulations/review processes, <br /> and design guidelines to allow for and facilitate future development and <br /> redevelopment within the JDEDZ project area. As part of the proposed JDEDZ, <br /> the City would also: specify fees and fee credits for prospective uses; specify <br /> off-site improvements; and potentially execute one or more Development <br /> Agreements with identified property owners. <br /> The mix of uses expected to occur within the JDEDZ project area with full <br /> buildout includes club retail (also known as warehouse club), hotel, recreational <br /> facilities, and general retail establishments. Existing uses within the JDEDZ <br /> project area would be "grandfathered" and operate and/or expand until <br /> redevelopment activities are proposed for a specific parcel within the project <br /> area. <br /> With development of the JDEDZ, the project area could contain up to 535,490 <br /> square feet of occupied building space, a net increase of 310,802 square feet <br /> over the existing occupied buildings within the JDEDZ project area, It is <br /> assumed that development of the JDEDZ project area would occur in two or <br /> 2JPa <br />