SR 05:203 - Laserfiche WebLink

3. Introduce the draft ordinance approving Case PUD-81-22-11M, subject to the conditions listed in Exhibit "B' SUMMARY: The applicant desires to demolish the vacant restaurant/bar building and to replace it with a parking lot to be used by tenants at the adjacent Pleasanton Corporate Commons campus. The Planning Commission recommended approval of the PUD modification subject to the conditions of approval recommended by staff. There has been no public comment on this item. The applicant is in agreement with the Planning Commission's recommended conditions of approval. Honorable Mayor and Members of the City Council: BACKGROUND The Stoneridge Business Center PUD was approved by the City in 1982. The PUD covers 91 acres along eastern edge of Stoneridge Mall, from 1-580 at the north to Stoneridge Drive at the south. After several modifications to the development plan, the project today consists of a cluster of five, three- to five-story office buildings (Stoneridge Corporate Plaza) and an 8.4-acre vacant BART station site to the north, a cluster of four, five-story office buildings (Pleasanton Corporate Commons) and an 8,500-square-foot vacant restaurant building (formerly Marie Callender's Restaurant and, most recently, Masse's Sports Bar) in the middle portion, and the 540-unit Stoneridge Apartments and a City fire station to the south. Charles Schwab, the applicant, owns the vacant restaurant property and leases approximately 90% of the Pleasanton Corporate Commons campus. Due to the economic downturn, the applicant currently only occupies two floors of one of the office buildings and subleases the remaining space. The applicant has applied to demolish the vacant restaurant building and related site improvements and expand the Pleasanton Corporate Commons parking lot to serve its subtenants. Since the restaurant and Pleasanton Corporate Commons properties are zoned PUD and have approved development plans, a PUD modification is required to demolish the existing building and construct the parking lot and related site modifications. PROJECT DESCRIPTION The applicant would demolish the vacant restaurant building and remove most of the existing landscaping on the property. A total of 177 new parking spaces would be constructed, comprised of approximately 121 spaces on the 6180 Stoneridge Mall site and approximately 56 spaces on the 6220 Stoneridge Mall site (Note: parking numbers are approximate since an existing property line bisects some of the parking spaces). Existing driveways would provide SR:05:203 Page 2