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<br />At the time the 1996 General Plan was adopted, it was calculated that build-out of the Plan would <br />result in 29,000 housing units and 68,254 jobs. In 2004, because actual residential development <br />came in at densities lower than the mid-point, commercial development occurred at higher than <br />average intensities, and a General Plan Amendment on the Bernal Property added commercial <br />potential, the estimate was 27,315 housing units, 86,184 jobs, and 43,704 employed residents. <br />The voter-imposed housing cap eliminates the option of significantly adding residential units to <br />reduce the imbalance of jobs and housing, and the option to reduce commercial development at <br />build-out would not likely be palatable from an economic development perspective. Therefore, <br />staff recommends considering policies that could address this issue by other means. These could <br />include: <br />. Making the remaining residential potential under the cap the best fit for the workforce in <br /> terms of location, affordability and type of units. Additional residential development in or <br /> near job centers such as Hacienda would be consistent with this approach, as would be <br /> providing affordable units (both under the City's ordinance requirements, and "affordable by <br /> design"), and encouraging a wide range of housing choice (single family homes as well as <br /> condos and rentals) that would accommodate the housing needs of people who work in <br /> Pleasanton. <br />. Supporting transit improvements that would make it easier for in-commuters to take public <br /> transit to job centers in Pleasanton rather than driving. The new West Pleasanton BART <br /> station would be an example of providing better public transit access to a jobs center. <br /> Providing good bus service from the ACE station to jobs would also be consistent with this <br /> policy, as would supporting express bus service from east county to Pleasanton, and making <br /> improvements to regional bike trails that are potential commute routes (e.g. Iron Horse Trail). <br />. Economic development policies. Economic development policies/strategies could be <br /> developed to actively recruit businesses that are a good fit with resident workers, to nurture <br /> local startups that employ residents; and to allow or encourage live/work development in <br /> selected locations. <br />. Encouraging walkable, mixed-use, activity areas. Supporting land use decisions that <br /> encourage the close arrangement of homes, jobs, daily shopping, and schools, and incorporate <br /> pleasant and direct pedestrian paths, and access to public transit, could reduce car trips. <br />If the City Council agrees with this approach to the jobs/housing balance issue, staff will draft <br />land use and circulation policies which support the above concepts. <br />Development on the South East Hills: Three residential projects (Oak Grove/Lin, Lund Ranch II, <br />and the Spotorno Ranch in Happy Valley) in the hills of South East Pleasanton are currently <br />under review. Traffic impacts in existing neighborhoods, steep slopes, the removal of trees, loss <br />of open space, disturbance of habitat, and visual impacts make development on these properties <br />problematic. The City Council has recently indicated an interest in looking at mechanisms to <br />reduce General Plan densities to preserve all or portions of these sites while perhaps providing <br />some compensation to land owners. These mechanisms may include non-profit land trusts and <br />SR 05:335 <br />Page 6 of9 <br />