01 SUPPLEMENTAL - Laserfiche WebLink

MEMORANDUM Date: January 26, 2023 To: Mayor and City Council and City staff From: Rick Williams, Van Meter Williams Pollack Subject: Agenda Item 1: Stoneridge Mall Framework, Supplemental Material, Mall Redevelopment Examples The enclosure to this memo includes examples of malls that have been redeveloped. The movement to redevelop retail malls to add residential, office and other uses has been gaining momentum over the past 20 years. The number of mall redevelopments being proposed in the Bay Area is growing and being prioritized in many current Housing Element updates. This is a recent trend and thus few redevelopments have been substantially realized. Most are in detailed planning and others are in initial implementation phases. While each City and each owner or group has its own goals for their mall you can see by these examples that the plans for redevelopment have many similar elements and characteristics. The extent of redevelopment ranges from individual mixed use housing projects being inserted into underutilized parking lots, to extensive master plans anticipating a repositioning of the mall to a complete or nearly complete demolition and reconstruction. Most are being viewed by their Cities as new town square developments. Typical features include: • An opening up of the Mall to be predominantly an outdoor experience, • Grid of streets between new developments, with some pedestrian-only areas, • Central open space, “Town Square” with some smaller public open spaces, • Most have a peripheral path around the Mall site for bicycles and pedestrians, • New housing or office have ground floor retail around the new open spaces, • Most have a significant amount of new housing 1,300-3,500 units,