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<br /> <br />ae <br /> <br />ATTACHMENT 4 <br /> <br />Memorandum <br /> <br />To: <br /> <br />Janice Stern, Principal Planner <br />City of Pleasant on <br /> <br />From: <br /> <br />Jonathan Stem, Vice President <br /> <br />Subject: HansonlKiewit Sites <br /> <br />Date: <br /> <br />January 10, 2006 <br /> <br />The Hanson site is now an inactive aggregate mining operation. The 49-acre Kiewit site was <br />formerly used as a pre-cast concrete facility, and is now used as a storage yard. The owners of <br />these sites are planning for future reuse. Based purely on market forces, residential uses are the <br />most likely to attract developers in the short and medium term (though potential toxics liability <br />and City policies regarding housing may make residential uses difficult to develop on these <br />sites). Some other factors to consider for future land use include: <br /> <br />. Proximity to continuing industrial uses, the Livermore Municipal Airport, and the <br />Airport Protection Area boundary <br />. Size of the parcels potentially assembled (over 350 acres) is unique in the Tri-Valley <br />area. <br />. Potential land use conflicts with existing residential Ponderosa Homes north of Busch <br />Road. <br /> <br />BAE toured the HansonlKiewit sites and the immediate vicinity. Based on the above factors, <br />Pleasanton's economic trends and the City's economic development plans, potential uses of <br />these properties include: <br /> <br />. Industrial/office flex <br />. Corporate/R&D campus <br />. Educational campus <br />. Commercial uses (for portion of Kiewit property fronting Valley) <br /> <br />Designation of the area for industrial uses reflect the sites' proximity to the City corporation <br />yard and continuing mining operations to the east. A corporate, research or educational campus <br />use is suggested by the size of the available land assembly and would match goals and strategies <br />identified in the Draft Economic Development Strategy. Though no detailed market work has <br />been performed the site has access and locational qualities consistent with a retail convenience <br />center (typically less than 5 acres), neighborhood commercial center (10 - 15 acres anchored by <br />grocery drugstores) or a hybrid community center (20 - 30 acres anchored by stores such as <br />Target, Lowes and containing stores of more regional interest such as Bed Bath and Beyond, <br />Petsmart etc.). <br /> <br />Bay Area Economics <br /> <br />Headquarters 510.547.9380 <br />1285 66th Street fax 510.547.9388 <br />EmeryviLle, CA 94608 bael@bae1.com <br />bayareaeconomics.com <br />