SR 05:187 - Laserfiche WebLink

The development of this property also includes the extension of Valley Avenue from Bernal Avenue to the intersection of Junipero Street and Case Avenue, and the widening of Bernal Avenue from Bernal Bridge at Arroyo de la Laguna to approximately 1000 feet east of Valley Avenue. BIC is responsible for these off-site improvements among other required infrastructure to serve this development. BIC is requesting acceptance of the public off-site infrastructure improvements constructed for the development of the Bernal Property, which does not include public off-site improvements constructed as part of the specific residential tracts. Honorable Mayor and Members of the City Council: BACKGROUND The Specific Plan and Planned Unit Development (PUD) for the Bernal Property allow for the development of 581 residential units, 745,000 sq. ft. of office development, 5,000 sq. ft. of commercial development, and approximately 314 acres of public use area within the approximately 510 acres located on both sides of 1-680, southerly of Bernal Avenue. Bernal Invesmaent Company, LLC (BIC) consists of Greenbriar Homes, KB Home, and South Bay Development Company. Greenbriar Homes has developed residential properties on the west side of 1-680, Tract 7255, Augustin Knolls, consisting of 232 single-family residential units. This development is currently under construction and will require extension of their Subdivision Agreement to complete tract improvements. Greenbriar Homes also developed a portion of the central parcel with a 100-unit apartment complex. KB Home has a residential development on the central parcel, Tract 7271, Walnut Hills, consisting of 121 single-family residential units. This development is complete and ready for formal acceptance by the City (separate agenda item). KB Home has another residential development on the east side of the Union Pacific Railroad, Tract 7374, Canyon Oaks, consisting of 128 single-family residential units. This development will also require extension of their Subdivision Agreement to complete tract improvements. Southbay Development Company owns the parcel proposed for office development located on the west side of Valley Avenue. This parcel is currently vacant and no construction has begun. Development of the Bernal Property also includes the extension of Valley Avenue from Bernal Avenue to the intersection of Junipero Street and Case Avenue, and the widening of Bemal Avenue from Bernal Bridge at Arroyo de la Laguna to approximately 1000 feet east of Valley SR:05:187 Page 2 of 6