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299 PUD-87-20, Application of B-W Construction Company and First Interstate Bank for development plan approval to construct a 28-unit residential townhouse complex, to be located on an approximately 2.4 acre site, located at 553 St. John Street. Zoning for the property is PUD (Planned Unit Development)-High Density Residential District Consider Adoption of Neqative Declaration Mr. Swift presented his report (SR 87:369) dated August 18, 1987, regard- ing this matter. Mayor Mercer declared the public hearing open on the application and the negative declaration. Mr. Jim Rubnitz, representing B-W Construction Company, stated this is a rerun of the public hearing held five weeks ago regarding this same applica- tion. He stated the application has been approved by Planning Commission and City staff, and is in compliance with all City ordinances. The following persons spoke in favor of the application: Mr. Tom St. Dennis, 4239 Pleasanton Avenue, representing the property owners in his neighborhood, stated they are in favor of the project; they would like further residential development of the area rather than commercial. They would prefer a lower density but the plan as presented is acceptable; it being compatible with the downtown. Mr. Steven Churchill, 653 St. John Street, stated he would like to see single-family housing on this property but can support the proposed develop- ment; he favors residential rather than commercial development of the area. He recommended approval of the plan as presented. Mr. Tom Trimingham, 493 St. John Street, stated the plan presents no prob- lems to the neighborhood; it lends better than commercial. The following persons spoke in opposition to the application: Ms. Melanie Lockhart, 5231 Crescent Way, stated that Pleasanton is full of charm and history which should be preserved. She stated the subject area is the only one left that can give the downtown a distinct look; she urged it not be piece-mealed out. She felt the land would be better used for limited retail shops and arroyo walkway. She urged that the winery and old house on St. John be preserved. She stated the B-W project is a good design but should be located elsewhere. She requested the project be detained until a complete review of the situation is undertaken; once this area is lost it cannot ever be regained. She felt further traffic considerations should be reviewed be- fore the project is started. Ms. Judy Mayhew, businessperson at 610 Main Street, repreenting the Down- town Association, stated the Downtown Association request this item be con- tinued until after completion of the downtown study. She stated the Market Study Report has just been completed, setting forth the projected needs for retail and commercial businesses. She felt future residential projects should build on vacant land, leaving inhabited property for commercial and retail use. She stated the Downtown Association concerns lie with the future and Pleasanton and what is best. She requested this property be placed in a six month Study zone for further review when all downtown studies are completed. 12 - 8-18-87