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Page 2 <br />"3. The proposed USL mixed use project includes industrial, neighborhood serving <br />retail, a potential school site, and development of a variety of unit types at various <br />densities..." <br />The combined amount of housing currently proposed for Kiewit/SteelWave is 390 Low <br />and Very Low Income units (by density), and 1531 Above Moderate Income (by density) <br />market rate units. For comparison, the EPSP Preferred Alternative had 375 VLI/LI (by <br />density) and 1759 AMI market rate units. <br />To attain economic feasibility, the Preferred Alternative also required 91,000 sq. ft of <br />retail, 442,000 sq. ft. of office, and 1,057,000 sq. ft. of industrial development! The GHG <br />staggering tonnage of emissions generated by the necessary commercial development <br />cannot be mitigated due to the in commute VLI and LI employees. Also keep in mind <br />that, unless all the HDR units consist of non profit housing, less than 40 units will likely be <br />affordable to those making less than 60% AMI. <br />"4. The USL Parcels offer mixed use internalized development of housing, neighborhood <br />retail, industrial, parks and recreational lake, offering an environment where <br />residents will be able to live, work, play, and shop in one convenient location." <br />This description of SteelWave's development as a live work paradise assumes that <br />Pleasanton's commissioners and councilmembers have not reviewed the Census data that <br />shows only 5% of our residents who can afford homes in Pleasanton are employed here. It <br />also does not take into account the majority of jobs in Pleasanton pay at the Low and Very <br />Low income level (below 70% AMI). Therefore, the proposed mix of housing combined <br />with the commercial development needed for financial feasibility will only serve to put the <br />CAP 2.0's goal of net neutrality by 2045 completely out of reach. <br />I have included EPSP materials from 2013 for background information. It includes my <br />analysis of affordable housing demand (easily translated into GHG commute emissions) <br />generated by all the EPSP Alternatives. Please call if you have any questions. <br />In sum, I urge the Commission to recommend HDR infill solutions for AMI housing. We <br />currently do not offer this ownership housing option for our higher income commuting <br />professionals. It would benefit those who do not have the time or desire to maintain a <br />private yard and appreciate the convenience of BART and high end retail. It will also help <br />to challenge the prevailing cultural bias that only the "less fortunate" live in high density <br />housing. <br />Thanks for your consideration. <br />Sincerely, 3 ATTACHMENTS <br />Becky Dennis <br />