12 ATTACHMENTS 1-2 - Laserfiche WebLink

"elevated" in preference due to unique considerations include sites like Stoneridge Mall, whose size, location, and strong developer interest make it a promising location for new high density housing. Stoneridge Mall was the most commonly -identified location in the Housing Element community survey. The 50 -acre Kiewitt property (in East Pleasanton), is a large, 50 -acre site that could offer an opportunity for a master -planned community, and per the applicant would include a sizable increment of affordable housing, along with market -rate units. And, although being a mid -ranked site based on the initial review criteria, the Old Santa Rita Road area is ripe for redevelopment and new investment, comprising many significantly underutilized parcels and low -intensity uses, and properties that have seen extremely limited investment in recent years, and could be developed more intensively without substantially impacting neighbors. Both the Merritt project and Lester project have had consideration through the City Council work plan prioritization process, with direction from the City Council to place these as a "B" priority and for consideration in the Housing Element process. In the case of the Lester project, an active application has been in process with the City for more than three years. The Merritt property has been long -considered as a potential site for housing, has a General Plan land use designation for residential development, and would be a logical location for annexation and infill along the east side of Foothill Road. The applicant has committed to including affordable housing units within the project, and as a senior housing project, it would have limited impact on schools and traffic. Conversely, some sites that performed relatively well in the initial ranking, may be less worthwhile to consider due to their specific location or site characteristics; some of these sites are discussed in more detail below. After reviewing the initial sites and taking the initial ranking and other considerations in mind, staff is recommending the majority of sites listed be carried forward into the CEQA analysis, with the following three sites are suggested to be removed from the initial list: • Site #12: Pimlico Drive (South) — 40 Units: This site is developed with a popular local grocery, and abuts single-family residential uses immediately to the south, making it less suitable for higher -density development. As such, and with a relatively small yield of units, this site appears less suitable than the properties to the north of Pimlico Drive for residential development. • Site #20: Boulder Court — 284 Units: These sites are relatively large and, due to their location, unlikely to create impacts to neighboring residences if developed with high density housing. However, a high-density housing project would be relatively isolated from any convenient shopping or services, given that the broader area is almost entirely dedicated to light industrial and service commercial uses. Site #26: St. Augustine —19 Units: This site is entirely surrounded by low-density, low- rise residential development, and would thus be suitable only for relatively low-density housing. Given that it is a small site, with no expressed owner interest, staff does not recommend its inclusion. Housing Element Update Planning Commission 15 of 19