21 ATTACHMENT 04 - Laserfiche WebLink

ATTACHMENT 4 THE CITY OF . ~' ~ CCi7iC ~~A ~r 1111 iidil) L~~S~4NTON® MEMORANDUM Date: July 26, 2007 From: Jerry Iserson, Director of Planning and Community Development Subject: Public Meeting on the Proposed Regency Centers/Home Depot Project Background: On May 15, 2007, the City Council held a public hearing on Regency Center's proposal fora 193,481 sq. ft. commercial center, including a Home Depot, Longs Drugs, and tenant spaces for other retail shops and restaurants on the property located at the intersection of Stanley Boulevard/Bernal Avenue/Valley Avenue. After holding the hearing, the Council voted to approve this project subject to conditions of approval by introducing the ordinance for approval. However, when the project subsequently returned to the Council for the second reading of the ordinance, staff felt that there were still some issues that needed some clarification.. Therefore, the item was continued to enable staff to do additional research on these issues. Staff then formed an internal work group to identify and clarify these remaining issues, and would like to ensure that the public has ample opportunity to be included and to provide input. After obtaining the additional information, staff will place this item back on the Council agenda for final action. The staff work group has met to assemble a list of questions and issues which it believes need further research and discussion. These questions include those that were raised by members of the public during the review process; this list is attached. The purpose of this meeting is to provide an opportunity for the public to review and comment on the list of questions and to identify other potential questions for the work group to address. After the staff work group has an opportunity to respond to these questions, another public meeting will be scheduled to discuss the responses. When this process is concluded, staff will bring the development proposal back to the City Council for final consideration. Discussion: As can be seen on the attached list, the major remaining issues generally involve the consequences of Laving t~vo Home Depot stores in Pleasanton and the economic impacts of the proposed new Home Depot to existing businesses in the community, traffic impacts beyond those addressed in the traffic analysis conducted for the project, and operational issues of the proposed center at this location. Economic Issues: Staff addressed economic and fiscal issues during the previous review process. However, other related questions regarding opening a second Home Depot store in Pleasanton and potential consequences of that, such as the status of the existing store on Johnson Drive and the impact to smaller, existing home improvement-type stores in Pleasanton, were asked at the Council meeting.