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Hacienda has the potential under its PUD's for a total of approximately 12.5 million <br />square feet of development. At present, approximately 11.5 million sq. ft. are <br />developed, which includes mainly commercial, office, R&D, and industrial uses as well <br />as 1,530 residential units, 602 hotel rooms, Hart Middle School, and the BART station. <br />Furthermore, in addition to undeveloped sites, some sites are underdeveloped in terms <br />of their floor area ratio (FAR) potential and their ability to physically accommodate <br />increased development. Hacienda stakeholders see opportunities to add residential <br />and/or mixed use development, within the constraints of the voter-approved housing <br />cap, to the park. They believe that this would be a way of providing employee housing <br />and of creating an improved, more accessible "lifestyle" environment for the park where <br />residents could live, work, and shop in a walkable community with convenient access to <br />BART and other public transit. Some stakeholders maintain that this reflects a national <br />trend in the evolution of business parks that could be accomplished in, and tailored to, <br />Hacienda. <br />Three major new development proposals have recently been submitted to the City as <br />preliminary applications. Two of these are for residential developments on portions of <br />the former Shaklee site and include a 130-unit townhouse development and an 80-unit <br />affordable housing development proposed on the W.P. Carey property directly across <br />Owens Drive from the BART station, and a 240-unit apartment development by BRE on <br />the other side of the Shaklee office building at the corner of Gibraltar Drive and <br />Hacienda Drive. A third proposal is for the CarrAmerica site and includes three <br />additional office buildings totaling 480,270 sq. ft. and a five-story, 130-room, <br />approximately 93,000 sq. ft. hotel with 10,000 sq. ft. of ground floor retail. The two <br />residential projects would require a General Plan amendment as well as a PUD <br />modification, whereas the Carr proposal would require only a PUD modification. The <br />applicants for these proposals would like to receive collective feedback from the <br />Planning Commission and City Council regarding these proposals and have requested <br />that this occur while the City and Hacienda representatives are working on a new <br />Hacienda plan. <br />During discussions of Hacienda held prior to and as part of the General Plan <br />workshops, the City Council directed that a Specific Plan be prepared to address <br />changes to the park. The Council determined that a Specific Plan would be the <br />appropriate planning vehicle to enable the addition of residential/ mixed use <br />development on certain sites to take advantage of their proximity to the BART station by <br />creating a more walkable community. As a result, the draft General Plan Land Use <br />Element identifies Hacienda as a Specific Plan Area on the land use map and contains <br />policies and programs that anticipate a Specific Plan. <br />Also as part of the General Plan Land Use Element review, the Council unofficially <br />allocated the remaining dwelling units under the Housing Cap to areas of the city with <br />remaining development potential. Hacienda was allocated 333 units under the preferred <br />plan and 1,271 units under one of the alternative scenarios. Both options can be <br />accommodated within the City's approved housing cap. <br />Page 2 of 13 <br />