CCMIN051998 - Laserfiche WebLink

Douglas Krah, 3825 Hopyard Road, #195, representing Standard Pacific, said the first plan was approved in 1989 and many things have changed since then. He felt this is a better project. This plan addresses concerns that have been heard over the last five years regarding street configuration, short streets, no cul-de-sacs, separated sidewalks, getting garages off the streets and other issues. He showed the changes that had been made. He had a concern associated with growth management. The current schedule is to pull 38 building permits in 1999 and if the reserve takes two years, it prevents him from building on the property and from satisfying the growth management requirement. He asked that if the City takes the full two years to make a decision that 12-15 units from growth management allocation be set aside so he could use them. He said right now he has enough growth management allocations to build the entire project as approved. Mayor Tarver said the old plan located some of the open space and amenities in a better location than the new plan. He wondered why these locations were moved. Mr. Krah said the new plan proposes that the location of the recreation center be by the entrance. He thought this was a good location because it has a little bit more parking and it allows the residences to be away from the noise of Stoneridge Drive and minimizes the units impacted by the recreation center. Mayor Tarver said the new plan has a substantial change in the floor area ratio. Mr. Krah said the floor area ratio of this proposed project are higher than the currently approved project because of the way it was calculated and the parking area allowed. The original plan had 146 units averaging 1850 square feet and the new plan has 143 units, averaging 1850 square feet, on the same acreage, so the floor area ratio is higher. Mayor Tarver asked if the price of the homes would stay the same. Mr. Krah said if the market stays the way it is, the range would be $300,000 to the low $400,000. He said Pleasanton is a desirable place to live and the market supports that. When Village I was built a single family detached home on a 5,000 square foot lot would not even sell for $250,000. The market has since exploded and supports units in the $300,000 and $400,000 range. Mayor Tarver asked if his concern with changing Condition No. 28 related directly to growth management approvals and setting aside units or would he prefer that Council did not encumber his project with the decision making. Mr. Krah said the latter. He raised the same concern at the Planning Commission meeting. He is ready to go forward with this project, but because of the condition he can't. He hoped that the Council would give some grace period or allow him to carry those units forward. It is his intention to use the units. He is comfortable with the two year period but Pleasanton City Council 22 05/19/98 Minutes