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133 retail would be rezoned to high density residential. Mr. Sattler indicated his view that providing affordable housing in the Business Park would help employers to attract and hold employees, which benefits the Hacienda Business Park as well as the City of Pleasanton. Mr. Sattler further indicated that any traffic levels of service generated by the residential use will be less than what would be generated if the area remain office. The location for the project was chosen because a large area was needed for a variety of housing types and it was relatively close to other high density housing. Mr. Sattler concluded by stating Hacienda Business Park will remain primarily an employment center and that although they are requesting that 79 acres be rezoned to housing, that represents only 14.7% of the Business Park. Mr. Tim Smith, principal architect with Togawa & Smith, referred to artist's rendering on display to point out the various features of the project. He stressed that when planning the project, they tried to avoid buildings too close to the street, which creates a wall effect. In addition, there was to be more landscaping than buildings and in working with the Design Review Board, the landscaping was increased further. The end units were reduced to two stories to reduce the perceived scale of the project and to avoid a sea of carports, subterranean parking was designed. Mr. Smith indicated each phase of the project will have a separate recreation area and he further described architectural design features and colors. Ms. Mohr expressed appreciation for the Owens Drive exposure and liked the fact that the buildings were not massed. She inquired how this project's length of street exposure compared to Hacienda Commons. Mr. Smith indicated there was more space between buildings in Spanish Oaks and the landscape setback is fifty feet for Spanish Oaks compared to twenty feet for Hacienda Commons. Mr. Chris Owens of Prudential Property Company, 4309 Hacienda Drive, indicated the current requirements of the growth management ordinance requires units to be set aside for 15 years. Prudential is proposing to preserve 25% of its units for low income housing for 25 years. He further indicated that the staff report sets forth a lower-income housing in-lieu fee credit could be due to Prudential on its remaining commercial office and industrial land. He has heard from members of the community that this may present a problem with fees anticipated to be collected. Prudential has authorized him to waive that credit. Prudential will pay a lower income housing fee at forty cents per square foot or whatever rate is prevailing at the time building permits are obtained for other commercial projects. Mr. Owens stated Prudential would prefer to pay park in-lieu fees with respect to Lot 25A and Parcel F. He would like to have the discussions with staff and the Park and Recreation Commission and requests postponing a decision on this at this time. 12/10/91 7