RES 84176 - Laserfiche WebLink

THE DISTRICT Introduction The City of Pleasanton ("the City") was incorporated June 18, 1894. It is located in north central Alalneda County ("the County") approximately 40 miles east of San Francisco. The City contains about 13 square miles and can be reached via Interstate Highways 580 and 680. Location Assessment District No. 1984-1, Hopyard Road ("the District"), is comprised of 36 assessed parcels totalling approximately 573 gross acres (492.197 net assessed acres) located in the northern portion of the City in the southeast quadrant of the intersection of Interstate 580 and Hopyard Road. Description The District is bounded by the Arroyo Mocho Canal on the south, a Southern Pacific Transportation Company branch line right of way on the east and Hopyard Road on the west. All of the property in the District is being developed as Phase I of Hacienda Business Park ("Hacienda"), a portion of a master-planned 860 acre mixed-use business park. For more information on the proposed development, see the section herein entitled "Proposed Development and Property Ownership". Existing Development in the Surrounding Area of the District The Stoneridge Regional Shopping Center, a 1.2 million square foot shopping mall developed by Taubman and Associates, Inc. in 1978-79 is located in the southwest quadrant of Interstate 580 and Interstate 680. Major tenants include Macy's, Emporium-Capwell and J. C. Penney's. Satellite development around the Stoneridge Center includes a convenience shopping center anchored by Best Products, several banks, a Porsche-Audi dealership, three three-story office buildings, a restaurant and Kaiser-Permanente Hospital. Existing development along Hopyard Road in the vicinity of Interstate 580 includes the Hopyard Office Center, Schoeber's Racquetball and Spa, Mobil and Chevron service stations, several restaurants and two motels. At the intersection of Hopyard Road and West Las Positas Boulevard, the southernmost entrance to Hacienda is a neighborhood shopping center known as Val Vista, with Lucky Market as the major anchor tenant; along with nine retail tenants, a Fotomat store and a Free-standing retail/office building. Across the street from Val Vista is a Shell Service Station, a Bank of America branch office, a Department of Motor Vehicles testing station, a 7-11 grocery and a one-story office building. Across the Arroyo Mocho Canal is a small residential subdivision known as Parkside, The intersection of Valley Avenue and Hopyard Road is improved with commercial uses including the newly completed Hopyard Shopping Village, which is in its final phase of construction, and another medium sized neighborhood shopping center anchored by Alpha Beta Market and Thrifty Drug and Discount Store. There are ten satellite tenants and an Exxon Service Station on the corner. -19-