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to serve as the environmental documentation for the project and satisfy all the requirements of CEQA. All previous mitigation measures prescribed by the SEIR, as well as implementation of such mitigation measures prescribed by the Addendum to this project have been included as conditions of approval for the project. As specified by CEQA, the Addendum for this project considered the existing environmental conditions when this 360-unit version of the project application was submitted in March 2022, which was prior to the adoption of the 2023-2031 Housing Element. Therefore, the 2023-2031 Housing Element sites which were the subject of General Plan land use designation changes for residential development were not considered with this Project's Addendum. Separately, it is noted that the Program EIR certified in January 2023 for the 2023-2031 Housing Element considered and took account of the proposed Simon residential project as part of its analysis, and the cumulative impacts of this project, along with other residential development considered under the 6t" Cycle Housing Element were properly considered as part of that environmental review, necessary to support adoption of the Housing Element. SUMMARY/CONCLUSION The project is consistent with the land use allowed for and zoned at this site, and with the exception of two standards for which waivers have been requested pursuant to State Housing Density Bonus law, would be consistent with all applicable objective standards prescribed in the 2012 Housing Site Development Standards and Design Guidelines. As supported by the Planning Commission in its recommendation, the proposed site plan and positioning of the buildings are appropriate for the subject property. The applicant has included an adequate amount of usable open space and landscaped areas within the project, as well as areas for circulation and gathering that will improve the connectivity and functionality of the portion of the mall and make better use of an underutilized parking field. The building design is attractive and the architectural style, finish colors, and materials will complement the surrounding development. The project also would provide a significant quantity of affordable rental housing, in addition to adding to the stock of multi-family rental housing more generally, which assists the City in meeting its housing goals. Staff therefore recommends the City Council follow the recommendation of the Planning Commission to approve the project as proposed. ubmit d y: Fiscal Review: Approved by: Ellen Clark Susan Hsieh Gerry Beaudin Director of Director of Finance City Manager Community Development Page 40 of 41