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<br />Sites Inventory and Methodology City of Pleasanton | B-25 <br />Area 7 – Hacienda Terrace <br />Location: 4309 Hacienda Drive <br />APN: 941 276100403 <br />General Plan Designation: <br />Mixed Use/Business Park <br />Current Zoning Designation: <br />Planned Unit Development – <br />Industrial/Commercial-Office <br />(PUD-I/C-O) <br />Lot Size (or portion of property <br />proposed for development): <br />16.35 acres, 2.00 acres would be <br />developed for housing. <br />Estimated Potential Number of Housing Units: Between 60 units (30 DUA) and 80 <br />units (40 DUA) <br /> <br />Background and Description: <br />The site is currently developed with three five-story office buildings with surface <br />parking. <br />Key Considerations and Feasibility for Site Development: <br />The Hacienda Terrace site consists of three five-story office buildings built in 1985. <br />The property owners have indicated they are interested in evaluating the future <br />development of their property and have identified approximately tw o acres at the <br />corner of Hacienda Drive and Gibraltar Drive as available and suitable for high- <br />density residential development, which would be integrated into the existing office <br />buildings as a mixed-use development. Preliminary analysis indicates that the site <br />currently maintains excess office parking so the parking that is removed to <br />accommodate future residential development may not need to be replaced, although <br />this would be verified with a project proposal. The site is located within Hacienda with <br />a high concentration of office employment and tall, large buildings in the area. A <br />residential neighborhood consisting of three developments (Siena at Hacienda, <br />Valencia at Hacienda, and Avila at Hacienda) is located to the east across Gibraltar <br />Drive and consists of detached small-lot single-family and townhome residential uses. <br /> <br /> <br />