RES 231358 - Laserfiche WebLink

Exhibit A3 4 Group for the Framework as a whole, which seeks to support mixed use redevelopment at Stoneridge Mall. For the BART Site (APN 941-2771-15 and 941-2778-2), evidence through Program 1.3 to re- zone the site at the minimum density required by AB 2923 and to proactively engage with BART to facilitate planning and redevelopment of the site. Communication with BART staff during the housing element update to affirm the City’s interest in pursuing housing development, discuss and reconcile potentially conflicting provisions of BART’s work plan with its more recently-adopted Transit Oriented Development (TOD) policy, and communication received from BART specifying the site as a mid-term, rather than long-term site, meaning planning to be undertaken starting in 2025, and not precluding development in the 8 year planning period. Further evidence in the City’s intended adoption of Objective Design Standards in January 2023 for the site, consistent with AB 2923, and in recognition of the constraint posed by the desire to retain sufficient commuter parking, conservatively assuming only half the available acreage at the BART site would be redeveloped with housing , and commitment by the City in Program 1.3 to seek funding sources for replacement parking. Underutilized Sites that Allow Residential with Development Potential: Evidence through analysis of development capacity available as compared to existing development on the site, both in terms of residential density and Floor Area Ratio, including screening out sites for which zoning would allow for less than three times the existing density/intensity; redevelopment interest on sites similarly zoned and located, including for residential use; patterns of redevelopment that have occurred on similar underutilized sites in the Tri-Valley region (such as on properties near BART in Dublin, and in downtown Livermore) as described in Housing Element Appendix B; local knowledge including observed trends and studies2 that identify significant redevelopment potential within such commercial properties. Sites included in this category include low-intensity commercial sites/parking lots, both within downtown Pleasanton and within aging shopping centers in more peripheral areas, where parking lots do 2 For example: Bay Area Aging Malls and Office Parks Transformation White Paper, Association of Bay Area Governments, August 2022; Residential Redevelopment of Commercially Zoned Land in California , Terner Center for Housing Innovation, December 2020.