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<br /> <br /> <br />City Council <br />January 18, 2022 <br />Page 2 <br /> <br /> <br /> <br />January 18th staff report, and the Preliminary Sites Inventory. Stoneridge is an ideal <br />housing site because it can accommodate significant residential development, while <br />minimizing impacts on the City and its existing neighborhoods. The proposed <br />residential designation also creates an opportunity to enhance and modernize <br />Stoneridge, capitalize on new retail trends, and ensure the continued viability of the <br />shopping center. <br />As noted in the Preliminary Sites Inventory, designating Stoneridge for high- <br />density residential would substantially assist the City in meeting its 6th Cycle RHNA <br />requirement of 5,965 new dwelling units, including the projected shortfall of 3,143 <br />dwelling units. (Inventory, p. 1.) The City has few other available sites that can <br />accommodate such a large portion of the current RHNA requirement. <br />Stoneridge is especially appropriate for high-density housing because it is <br />located close to transit and the freeways. The site is located within 1/4 mile of the West <br />Dublin/Pleasanton BART station, and it has easy access to and from Interstates 580 and <br />680. <br />Stoneridge is also located near a high concentration of office and employment <br />uses. As a result, future residents would have convenient access to jobs, along with the <br />commercial and service uses at Stoneridge. This creates the possibility for a fully- <br />integrated mixed-use development, which would minimize vehicle trips, congestion, <br />emissions, and other environmental impacts. <br />Finally, placing high-density residential at Stoneridge will avoid physical <br />impacts to the City’s existing residential neighborhoods. These neighborhoods are <br />located away from Stoneridge, and will be buffered by existing development and <br />infrastructure. In particular, residential development at Stoneridge will not contribute <br />significant vehicle trips to local residential streets and neighborhoods. <br />2. Permitted Residential Density at Stoneridge <br />The Preliminary Sites Inventory and staff report propose a residential density at <br />Stoneridge of 45 to 75 dwelling units per acre. (Inventory, p. 5; staff report, p. 16.) They <br />further contemplate that new residential development would be concentrated on 18