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070253\14078023v1 11/08/21 <br /> <br /> 101 California Street, Suite 800, San Francisco CA 94111 | PH 650-571-2200 | WEB SteelWaveLLC.com <br /> <br /> <br />November 8, 2021 <br /> <br /> <br />Ms. Ellen Clark <br />Director of Community Development <br />City of Pleasanton <br />123 Main Street <br />Pleasanton, Ca 94566 <br /> <br />RE: P21-0751, 2023-2031 (6th Cycle) Housing Element Update <br /> <br />Dear Ellen, <br /> <br />USL Pleasanton Lakes L.P., (“USL”), is writing in response to the Planning Commission Agenda Report <br />issued November 5, 2021 as prepared for the Planning Commission meeting, November 10, 2021. USL <br />understands that, because USL was not included in the City’s initial requests to landowners for <br />information on potentially-eligible properties, Staff will provide a supplemental memorandum to the <br />Planning Commission to address USL’s request to develop approximately 1,300 units on a portion of <br />the USL owned land: 15.6 acres in the City and 138 acres in the County for mixed use consideration in <br />the 6th Cycle Housing Element Update. <br /> <br />As noted in our online submittal and email correspondence to Staff, USL is requesting that our sites, as <br />referenced on the attached Exhibit A & B, be considered to provide residential housing in the 6th Cycle <br />Housing Element Update. Our site is ideal to provide residential housing for both the current and <br />future residents of Pleasanton for many reasons: <br /> <br /> The City’s General Plan already anticipates the development of mixed uses, including <br />residential, on these properties; <br /> The properties are capable upon annexation of providing up to 1,300 residential units, within <br />approximately 236 USL owned acres, utilizing existing City densities without further <br />densification of existing City neighborhoods. <br /> The project would include affordable high density residential development of 240 multi family <br />units on approximately 8 acres, with the remainder of providing 6 to 16 u/acre of detached and <br />attached single family units <br /> Mixed use internalized development of housing, neighborhood retail, industrial, parks and <br />recreational lake, offering an environment where residents will be able live, work, play, and <br />shop in one convenient location <br /> Amenities would include the proposed lakeside public park, completion of the Iron Horse bike <br />trail connection from Valley Avenue to Stanley via Busch Road and the potential for a 10-acre <br />school site. <br /> Could better provide City transportation circulation