Laserfiche WebLink
PXXX17-0904, 1008-1700 Stoneridge Mall Road Planning Commission <br />7 of 7 <br />Amendment does not result in any effects on the environment that are peculiar to the property <br />or project that were not addressed in these prior CEQA documents, or which substantial new <br />information shows will be more significant than described in these prior CEQA documents. <br />Therefore, no additional environmental review is required pursuant to Public Resources Code <br />section 21083.3 and CEQA Guidelines section 15183. <br /> <br />SUMMARY/CONCLUSION <br />This extension of the Development Agreement will enable Stoneridge Properties (Simon <br />Property Group) to continue to explore commercial expansion of the Stoneridge Shopping <br />Center, broadening the City’s tax base and allowing the continued vitality of the shopping <br />center. This amendment/extension would not alter or modify the obligations and <br />responsibilities described in the original DA or subsequent amendments as they apply to the <br />shopping center. With Simon Property Group contributing a minimum of $50,000 towards the <br />Stoneridge Mall Framework, and up to a maximum of $200,000 (or alternatively, the other Mall <br />owners contributing $150,000) progress should accelerate towards the milestones in this <br />amendment. Therefore, staff believes the shopping center will continue to evolve and remain <br />competitive in both the current development environment, and staff supports the request for <br />the amendment/extension to the DA and recommends the Planning Commission provide a <br />recommendation for approval to the City Council. <br /> <br />Primary Authors: Eric Luchini, Senior Planner, 925-931-5612 or eluchini@cityofpleasantonca.gov. <br /> <br />Reviewed/Approved By: <br />Dan Sodergren, City Attorney <br />Ellen Clark, Director of Community Development <br />