RES 231358 - Laserfiche WebLink

Exhibit A3 3 Approved/Pending Project Sites: Sites for which entitlements have been issued for housing projects or applications have been received for housing development projects. For high density projects not yet constructed, evidence based on active nature of applications to develop housing with hearings scheduled or environmental review underway (Simon residential project at Stoneridge Mall, APN 941 120109403, Planning Application PUD-136, pending public hearings in February 2023); or current active engagement with the owner to advance the project to building permits (Rosewood Commons/Avalon Bay. Application PUD-85-08-1D-5M, PUD Modification for revised architecture/site plan approved November 10, 2022); and recently approved (4884 Harrison Street, P21-1136). 4th and 5th Cycle Sites: Non-vacant Sites previously designated in the 4th or 5th Housing Element Cycle, and as-yet undeveloped or unentitled. Evidence that owners have expressed past or current development interest and no alternative non-residential use or project proposed; that sites similarly zoned have developed at the allowable densities, during the prior planning period; that properties remain underutilized and, or partially vacant, and with such sites subject to Housing Element Program 1.4 that allows residential development “by right” on each of these sites with inclusion of 20 percent lower-income units. Additional site-specific facts include: For the Kaiser Site (APN 941-1201523) stated interest in redevelopment resulting in inclusion in the 4th Cycle Housing Element and no non-residential project proposal having been made in the interim; approximately 3 acres of the site remaining entirely vacant, with the remainder as surface parking, and ability for development to be clustered within a smaller portion of the overall site if Kaiser desires to retain the surface parking and existing solar carports. For the Stoneridge Mall Site (remaining 4 acres of APN 941 120109403 not part of the Simon residential project, including two spatially separated two-acre sites), for which the City has proposed, through the Stoneridge Shopping Center Framework, a policy to allow transfer of remaining development capacity to other Simon-owned properties within the Stoneridge Mall proposed to be re-zoned for residential development in order to provide flexibility and the ability to achieve a more viable residential project; and support expressed by Simon Property