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Table 2- Project Details <br /> Total Project Square-Footage 208,060 <br /> Square-Footage Being Removed (42,304) <br /> Net New Square-Footage 165,756 <br /> Proposed Office Square-Footage 900 <br /> Proposed Storage Square-Footage 164,856 <br /> The project will trigger payment of a variety of fees including fees for affordable housing. <br /> Based on the current Affordable Housing Fee ($13.02 per-square foot), the project <br /> would be required to pay an Affordable Housing Fee of$2,158,143. <br /> Fee Reduction Request <br /> On November 11, 2020, the City received a formal request from Public Storage, <br /> Attachment 9, asking for a reduction in in the Affordable Housing Fee. The request <br /> notes the project's employee density (5 employees) compared to its assumed density <br /> (414 employees), discusses the building design, and cites past projects that received <br /> fee reductions (i.e., PUD-97-6 and PUD-15). A reduction of 98.8 percent of the fees for <br /> the entire project is requested for a total Affordable Housing fee of $25,898. Note that <br /> these figures are based on current fee rates (i.e., $13.02); since actual fees would be <br /> calculated at the time of issuance of building permits, the final dollar amounts would <br /> vary but would utilize the same percentage factors. <br /> The new self-storage buildings are designed in a way such that another use could not <br /> easily take over the building without extensive tenant improvements. For example, the <br /> building has limited entries/exits, narrow corridors, and its interior space would be <br /> subdivided into numerous storage units that range in size from 25-300 square-feet. The <br /> exterior windows on the storage buildings are spandrel glazing (i.e., opaque glazing <br /> used as an external design aesthetic but not actual transparency). Exclusive storage <br /> buildings are specifically called out in the PMC as an example of a use that cannot <br /> house another use without substantial renovation. <br /> Beyond the building design, the approved project's actual employee density is not <br /> commensurate with the employee density assumed for a typical industrial use. The EPS <br /> study assumes one employee per 400 square-feet. As such, this project is assumed to <br /> generate 414 employees. However, the actual employees for this site will be five (which <br /> is 1.2 percent of the assumed density). Five employees for the net new space of <br /> 165,756 square-feet translates to approximately one employee per 33,151 square-feet. <br /> Staff completed additional research to determine whether the proposed number of <br /> employees appears reasonable, compared to industry data for similar self-storage <br /> facilities. Other studies reviewed included typical assumed employee densities ranging <br /> from 8,000 square-feet per employee to 20,000 square-feet per employee. A number of <br /> nexus studies reviewed by staff utilized the rate established by the San Diego <br /> Association of Governments (SANDAG) (i.e., 15,000 square-feet/employee), and this <br /> Page 9 of 14 <br />