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<br />Sites Inventory and Methodology City of Pleasanton | B-27 <br />Area 9 – Metro 580 <br />Location: 4515 <br />Rosewood Drive <br />APN: 941 277900900 <br />General Plan <br />Designation: Mixed <br />Use/Business Park <br />Current Zoning <br />Designation: Planned <br />Unit Development – <br />Industrial/Commercial- <br />Office (PUD-I/C-O) <br />Lot Size (or portion <br />of property proposed <br />for development): 15.51 acres, 5.00 acres would be developed for ho using. <br />Estimated Potential Number of Housing Units: Between 225 units (45 DUA), 300 <br />units (60 DUA), and 375 units (75 DUA) <br />Background and Description: <br />The larger property is currently developed with three commercial buildings; one <br />building has an anchor tenant, one building consists of smaller tenant spaces, and a <br />third building contains multiple smaller inline spaces. The center is served by a large, <br />shared parking lot. <br />Key Considerations and Feasibility for Site Development: <br />The Metro 580 shopping center consists of three commercial buildings constructed in <br />1986, on a 15.5-acre property. The Kohls department store has been a long-standing <br />anchor tenant. The adjacent building which was designed to accommodate <br />secondary anchor tenants has been vacant for a number of years and has <br />experienced high turn turnover of tenants over time. Currently, one space in this <br />building is occupied and the other space is vacant. The property owners have <br />indicated they are interested in evaluating the future development of the northern <br />portion of their property that currently maintains the secondary anchor building and <br />have identified approximately five acres as available and suitable for high -density <br />residential development to be integrated into the center as a mixed -use development. <br />The site is served by two major arterials and lies within ½ mile of freeway on-ramps <br />and is within Hacienda with a high concentration of office employment and tall, large <br />buildings in the area. The East Dublin/Pleasanton BART station is loc ated <br />approximately 0.8 miles from the site.