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buildings containing retail, grocery, cinema, and specialty lifestyle health club uses, with residential buildings and structured parking across both the Sears site and the adjacent site to the south that is designated for high density residential development in the General Plan Housing Element. In total, the amount of residential and commercial development proposed is consistent with that allowed for the two sites under their current General Plan and Zoning designations. While these designations allow for either residential or commercial development on the south portion of the property, only commercial development is permitted on the Sears portion to the north. Therefore, as currently proposed, a General Plan Amendment and Rezoning would be required to integrate the two projects into a single mixed-use development. Prior to moving forward with further design of the project, the application is being presented to the Commission as a workshop to allow the Commission an opportunity to review the project, hear public comment, and give direction to staff and the applicant on the proposed General Plan Amendment and Rezoning, as well as initial site plan and massing concepts that have been developed by the applicant. If the Commission is supportive of the amendments in concept, the applicant will proceed to develop and submit a complete application package reflective of the mixed-use project. Once the application is further along in design development, the application will return for a Planning Commission workshop to allow for further design comments and direction. A list of discussion topics and questions are included in the body of this report. No formal action will be taken on the application at this time. General Plan amendments, Rezoning and Planned Unit Development applications require a Planning Commission recommendation and a final decision by the City Council. BACKGROUND The Stoneridge Mall The Stoneridge Mall Regional Shopping Center (Stoneridge Mall) is part of the overall mixed- use retail/office/hotel development located in the northwest area of Pleasanton defined by 1-580, 1-680, Stoneridge Drive, and Foothill Road. The area within the inner loop of Stoneridge Mall Road is approximately 75 acres as shown in Figure 1. The central mall building, containing a variety of restaurants, shops, and services, is owned by Simon Property Group and is located on its approximately 29-acre property. Attached to and interconnected with the central mall building are five department stores, each located on their separately owned properties, including Macy's Men's Store, Macy's Women's Store, JCPenney, Nordstrom, and Sears (recently closed and purchased by Simon Properties). The Stoneridge Mall is governed by a development agreement, amended since its original approval, which grants to the mall ownership vested rights to certain entitlements. In 1992, the City and The Taubman Company — original owners of the Stoneridge Mall — entered into a Development Agreement which granted rights to the mall to expand by 178,000 square feet. In January 1998, the City approved the first Amendment to the Development Agreement to further increase the Stoneridge Shopping Center by an additional 202,000 square feet, allowing for a total of 380,000 square feet of additional floor area. On April 21, 2018, the City Council approved an amendment to the Development Agreement to extend the term of the agreement until December 2022. PUD-136 Workshop, Stoneridge Shopping Center Planning Commission 2 of 14