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4_Exhibit B
City of Pleasanton
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2020 - PRESENT
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2023
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01-11
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4_Exhibit B
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1/5/2023 4:11:46 PM
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1/5/2023 4:08:13 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
1/11/2023
DESTRUCT DATE
15Y
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\BOARDS AND COMMISSIONS\PLANNING\AGENDA PACKETS\2020 - PRESENT\2023\01-11
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DRAFT <br />27 | City of Pleasanton 2023-2031 Housing Element <br />• Funding Source: Housing Division Budget, Planning Division Budget <br /> <br />Program 1.7 <br />Facilitate the development of the large Kiewit and Stoneridge Mall properties with housing by <br />undertaking the following programs: <br />1. Stoneridge Mall: Prepare and adopt a Specific Plan, Master Plan, PUD plan, or similar <br />planning framework for development of the Stoneridge Mall property (Area 2), in <br />cooperation with the various property owners, that incorporates housing at the amount <br />and densities specified in the housing sites inventory, including lower-income housing, <br />as well as complementary commercial uses. The goal of the planning effort is to create <br />a vibrant mixed use and transit-oriented development that provides significant housing <br />opportunities, including affordable housing, in proximity to employment, shopping and <br />services, that is well connected to and incorporates multimodal transportation facilities. <br />As a first step in this process, develop initial policy guidance for the mall through a <br />“Framework” that will be the basis for future planning and a forum to develop <br />consensus around a vision for the mall for the affected property owners and the <br />community. <br />2. Kiewit Property: Either in conjunction with preparation of a Specific Plan for East <br />Pleasanton, or within a more focused Master Plan or PUD plan for the 50-acre Kiewit <br />area (Area 21), work with the property owner to develop and adopt or approve a <br />conceptual plan, including housing at mixed densities, and a significant affordable <br />housing component. The planning will take into account infrastructure, circulation, <br />open space and amenities for residents, with the goal of creating a sustainable new <br />neighborhood in Pleasanton. New public infrastructure (e.g., water, sewer, roadways <br />etc.) will be necessary throughout the East Pleasanton Specific Plan (EPSP) area, and <br />cost sharing of public infrastructure improvements is expected to occur among EPSP <br />developers, anticipating the use of community facilities districts or similar financing <br />structures. The plan will encourage a diversity of housing types and seek to include <br />innovative missing-middle type and housing that can provide more compact units and <br />some “entry-level” market-rate homeownership and/or rental housing units that are <br />relatively affordable compared to larger units. Such affordable by design approaches <br />are intended to achieve more housing that is affordable to first-time home buyers and <br />other households that are unable to afford most newly-constructed market-rate <br />housing in Pleasanton but do not qualify for below-market rate housing. <br />3. Other Sites Larger than 10 Acres (Hacienda Terrace, Metro 580 and Oracle): Conduct <br />outreach with the owners of these three properties to discuss development constraints <br />and opportunities, and to provide technical and planning support to facilitate <br />development and opportunities. Such discussion might focus on – modification of <br />parking ratios / relief from replacement parking requirements for commercial uses <br />elsewhere on the site; assistance with developing site planning concepts; and
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