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THE CITY OF 1 8 pL£ASANTON. CITY COUNCIL AGENDA REPORT April 16, 2013 Community Development Planning Division TITLE: CONSIDER APPLICATIONS FOR: (1) PLANNED UNIT DEVELOPMENT MAJOR MODIFICATION AND DEVELOPMENT PLAN (PUD-85-08-1D- 4M) TO CONSTRUCT 305 APARTMENT UNITS, TWO RETAIL BUILDINGS TOTALING 7,520 SQ. FT., NEW SURFACE PARKING AND A PARKING GARAGE TO SERVE THE EXISTING OFFICE USES AT THE CALIFORNIA CENTER PROPERTY LOCATED AT 4400-4460 ROSEWOOD DRIVE; (2) AN AFFORDABLE HOUSING AGREEMENT; (3) GROWTH MANAGEMENT APPROVAL; AND (4) DEVELOPMENT AGREEMENT. SUMMARY The applications are for a high-density residential/commercial development containing 305 apartment units and approximately 7,520 square-feet of retail space and replacement office parking including a parking garage on the CA Center site in Hacienda. Related land use entitlements include an affordable housing agreement, a growth management agreement, and a development agreement. HOUSING COMMISSION RECOMMENDATION The Housing Commission took no action on the affordable housing agreement as it felt that that the project should include a deeper level of affordability. PLANNING COMMISSION RECOMMENDATION The Planning Commission recommended approval of the PUD major modification and development plan application subject to the conditions shown in Exhibit A (Attachment 1) and recommended approval of the development agreement. The Planning Commission also recommended that the City Council provide policy direction to the Housing Commission regarding affordable housing to assist the Housing Commission in its affordable housing recommendations as other housing projects move forward. RECOMMENDATION 1. Find that the conditions described in CEQA Guidelines Section 15162 have not occurred as described in the Addendum to the SEIR and find that the previously prepared SEIR, including the adopted CEQA Findings and Statement of Overriding Considerations, and the Addendum to the SEIR are adequate to serve as the environmental documentation for this project and satisfy all the requirements of CEQA; 2. Find that the proposed PUD development plan and development agreement are consistent with the General Plan;