5_Exhibit B_Resolution_Attachment 2

B-10 | City of Pleasanton Sites Inventory and Methodology Table B-6 summarizes assumptions for realistic residential development capacity considering development trends in Pleasanton and neighboring jurisdictions. While low and medium- density residential projects in Pleasanton have largely been built at the mid-point densities, some projects have higher densities. For example, two completed infill projects that exceeded mid-point density of 15 units per acre are 4722 Harrison Street (17 units per acre) and 4745 Augustine Street (23 units per acre). Additionally, the 4884 Harrison Street project, located in the Downtown MU-T Zone and approved under SB 35 streamlined review in September 2022, has a density of 125 units per acre achieved through density bonus and concessions. All 46 units in the 4884 Harrison Street project will be affordable to lower income households. Higher density projects have been built at densities of approximately 30 dwelling units per acre consistent with PUD zoning and/or approvals, and the maximum densities assigned to these sites (see Table B-5). Recently approved and constructed housing developments in the neighboring city of Dublin include densities ranging from 56 to 93 units per acre, located in planned development (PD) and downtown zones1. Another neighboring city, Livermore, has a 222-unit project (Legacy Livermore) under construction in the downtown, which is being built at the maximum allowed density of 55 units per acre. Although there are a number of instances of properties in Pleasanton developing above the mid-point density, and development trends in the area show higher density development, the analysis conservatively assumed sites would develop at no greater than the mid-point density or minimum density (see Table B-6). For the new zones in the Downtown Specific Plan where recent development trends are not yet established, conservative assumptions of 40 to 60 percent of maximum allowed density were assumed based on whether the site is nonvacant or vacant consistent with the Downtown Specific Plan EIR. Realistic capacity projections for mixed-use zones (i.e., MU-T, C-C, and PUD-MU) reflect the likelihood for residential development considering that 100 percent nonresidential uses may be established in these zones. Specifically, the MU-T and C-C-zoned sites are projected at lower capacities and densities (40 to 60 percent; 17 to 21 units per acre) than development trends over the current planning period and in neighboring cities. Since 2015, only one new construction project has been proposed as 100 percent commercial in the C-C Zone (14 percent of applications for new construction in the C-C Zones since 2015); all other projects have proposed residential or residential mixed-use development with a small commercial component. Recently completed projects within the Downtown’s mixed-use districts include mixed use projects at 273 Spring Street (13 units per acre) and 719-735 Peters Avenue/377 St. Mary St. (20 units per acre). Furthermore, the 4884 Harrison Street project, located in the 1 Recent housing developments in Dublin include Camellia Place (PD Zone, 112 units, 56 units/acre); Avalon West (DDZD/TOD Zone, 499 units, 66 units per acre); and Ashton at Dublin Station (PD Zone, 220 units, 93 units/acre) (City of Dublin, 2021).