CITY COUNCIL AGENDA PACKET - Laserfiche WebLink

Page 5 of 7 management, cohesive, attractive site design, public and private improvements, and related economic benefits to the City. The DA process requires the City Council to determine if a DA is consistent with the General Plan. Based on the information in the report, the Planning Commission found this Fifth Amendment is consistent with the General Plan and has recommended the City Council approve the Fifth Amendment. BOARD/COMMITTEE/COMMISSION ACTION The Planning Commission held a public hearing on November 8, 2023, to review and provide a recommendation to the Council on the proposed extension of the DA (see Attachment 3). No public comment was received. The proposal was placed on the public hearing portion of the agenda, and the Planning Commission unanimously recommended approval to the City Council. EQUITY AND SUSTAINABILITY The action directly implements the Housing Element, a key goal of which is to increase housing opportunities, including opportunities for housing affordable to lower- and middle- income residents – both through inclusionary requirements, and creating more opportunities for partnerships with housing developers. The ordinance allowing the DA extension includes performance measures aimed at the completion of the Stoneridge Shopping Center Framework and the shopping center has been identified as a housing opportunity site in the 6th Cycle Housing Element Update. This action also advances the sustainability goals of CAP 2.0, Strategy TLU-3, to advance sustainable land use, and supporting Action E6, which calls for the City to implement the Housing Element, aiming to achieve a balance between jobs and housing, including encouraging transit-oriented development near BART, along transportation corridors and near employment hubs. OUTREACH Notice of this meeting was sent to property owners and tenants/occupants within 1,000-feet of the site as shown in Attachment 4. At the time of this report’s publication, staff has not received any public comments. Public comments received after publication of this report will be forwarded to the City Council. STRATEGIC PLAN ALIGNMENT Approval of this action advances the strategic goal of Building a Community Where Everyone Belongs from the recently approved ONE Pleasanton Strategic Plan. It directly supports Strategy 3 under this goal, to complete master planning and CEQA for the Stoneridge Mall Framework to set the stage for future development, by establishing performance milestones to advance the master plan. The action also supports the strategy of implementing the updated 2024-2028 Economic Development Strategic Plan initiatives, including retail revitalization and mall redevelopment and business retention and expansion by supporting actions to expand and revitalize Stoneridge Mall. FISCAL IMPACT There is no cost associated with this Fifth Amendment. Any new development resulting from Page 32 of 371