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PUD-136, Mall Residential Project Planning Commission 2 of 34 STAFF RECOMMENDATION Staff recommends the Planning Commission: 1. Find the previously prepared Addendum to the Supplemental Environmental Impact Report (SEIR) for the City of Pleasanton Housing Element and Climate Action Plan General Plan Amendment and Rezoning SEIR, including the adopted CEQA Findings and Statement of Overriding Considerations, are adequate to serve as the environmental documentation for this project and satisfy all the requirements of CEQA; as the conditions described in CEQA Guidelines Sections 15183/15164 that would require a supplement to the SEIR have not occurred; and adopt a resolution recommending adoption of the Draft Section 15183 Checklist/15164 Addendum to the Supplemental Environmental Impact Reports for the City of Pleasanton Housing Element and Climate Action Plan General Plan Amendment and Rezonings. 2. Find the proposed PUD Development Plan for PUD-136 is consistent with the General Plan and PUD Zoning. 3. Find the exceptions to the Housing Site Development Standards and Design Guidelines allowed by State Density Bonus Law as listed in the staff report are appropriate. 4. Adopt a resolution making the PUD findings and recommending approval of Case Number PUD-136, subject to the draft conditions of approval listed in Exhibit A. Forward the 15183 Checklist / 15164 Addendum and Case Number PUD-136 to the City Council for consideration. EXECUTIVE SUMMARY The subject application proposes a PUD Development Plan to construct 360 multi-family apartment units (including a Density Bonus) and related site improvements including a new parking structure on an approximately six-acre site. A PUD Development Plan is consistent with the project site’s Mixed Use General Plan designation, which allows for multi-family residential development at a maximum density of 40 residential units per acre, plus Density Bonus, and consistency with the project site’s PUD-MU zoning classification, which requires conformance with the adopted 2012 Housing Site Development Standards and Design Guidelines. The application was previously reviewed by the Planning Commission as a work session item on March 11, 2020. The application presented herein has been revised to reflect the comments received at the work session. The environmental review and PUD Development Plan portion of the application is now before the Planning Commission for a recommendation to the City Council for consideration. Separately, the Affordable Housing Agreement (AHA) for the project was recommended for approval by the Housing Commission on November 17, 2022, to be forwarded to the City Council for review (the Planning Commission is not required or requested to take action on the AHA.) BACKGROUND The Stoneridge Mall The Stoneridge Mall Regional Shopping Center (Stoneridge Mall) is part of the overall mixed-use retail/office/hotel development located in the northwest area of Pleasanton defined by I-580, I-680, Stoneridge Drive, and Foothill Road. The area within the inner loop of Stoneridge Mall Road is approximately 75 acres, as shown in Figure 1. The central mall building, containing a variety of restaurants, shops, and services, is owned by Simon Property Group and is located on an approximately 29-acre property that also contains the project site, located within one of several fields of surface parking that surround the mall. Attached to and