CCMIN 06152021 - Laserfiche WebLink

Senior Planner Luchini reported the proposed project would include the development of a new Master Plan Campus for 10X Genomics which would allow them to consolidate and expand existing operations over the next several years. Phase 1 includes the construction of an approximate 150,000 square foot two and three-story building, Building 1, at the northern portion of the site. The building height would be 53 feet tall and 65 feet tall respectively with a rooftop screen. 483 surface parking spaces have been identified and would reutilize a portion of the existing surface-level parking lot that currently exists. Phase 1 would also include the construction of a new plaza at the northeast portion with pedestrian circulation connecting the proposed campus to Stoneridge Mall, Bay Area Rapid Transit (BART), and adjacent office and residential developments. The balance of the subject site would remain vacant under Phase 1. Subsequent phases of the project are expected to be completed by 2030 and would include construction of up to an additional 231,000 square feet of building area with between one or two additional buildings generally along the east side of the property. The project would continue to utilize all existing driveways with most of the vehicular access to and from the parking area focused off Springdale Avenue. The overall parking ratio of approximately 3.3 spaces per 1000 square feet is proposed which would require construction of an approximately 1200 square foot parking structure and approximately 80 surface-level parking spaces on the west side of the site. Pedestrian and bicycle facilities would be provided by the project proposed as a walkway and bicycle lane along the eastern edge of the property, a shared pedestrian and bicycle path along the north side of the property, and sidewalks along both the west and south sides. The Landscape Plan includes an implanting plan that integrates new perimeter and interior landscaping. In both phases tree removal would be mitigated with significant on-site replanting. The new landscaping provides a wide range of native, drought-tolerant materials consistent with the City's Water Efficient Landscape Ordinance. Mr. Luchini provided a brief overview of project architecture and noted only Building 1 has its architecture developed in detail with Buildings 2 and 3 being more conceptual at this time. Future buildings would conform to the building area established by the PUD Development Plan. Mr. Luchini provided a brief overview of parking for the project and advises the applicant is proposing to repurpose and utilize 483 existing surface-level parking spaces on the site. Staff is recommending a Condition of Approval to ensure parking capacity remains adequate. The applicant has proposed a 10-year term for the Development Agreement and in exchange, the applicant would contribute $1 million in funding for the reconstruction of Fire Station 2 and would return sales tax to the City for construction materials above other sales tax revenues. The applicant is also committed to obtaining LEED Gold-equivalent certification for the project. Staff believes the project as designed and the associated amenities would conform to the General Plan and recommends City Council make this finding and approve the Development Agreement. Staff recommends the City Council adopt a resolution adopting a Mitigated Negative Declaration (MND), introduce an ordinance making the PUD findings, approve Cases PUD-139 and P20-0973 subject to the draft conditions of approval, and introduce an ordinance approving the Development Agreement. Director of Community Development Clark explained none of the Phase 2 buildings or parking garage have been designed and will be reviewed by the Planning Commission. The applicant's net Affordable Housing Fee would be$575,000 as there was a fee credit applied with the demolition of the existing retail center. The fee is based on square footage and the fees in place at the time the building permit is pulled but anticipates $1.8 million in affordable housing fees in Phase 2. Lastly, she explained the project does not impact the City's Regional Housing Needs Assessment (RHNA) this cycle because the project was not in place or entitled at that time. She believes the project may have an incremental effect on the City's jobs/housing balance but noted that is aggregated over the entirety of the City. City Council Minutes Page 4 of 10 June 15. 2021